NEW YORK, Oct 21, 2024 - (ACN Newswire) - FishWar, an innovative Web3 gaming platform that has captivated over a million players worldwide, is proud to announce its official integration with Sei the first parallelized EVM blockchain. This marks a significant milestone in FishWar's journey to revolutionize the GameFi space by enhancing gameplay, scalability, and overall user experience.Sei, renowned for its lightning-fast execution and scalability, brings the combined advantages of Ethereum and Solana to FishWar. As the fastest parallel blockchain, Sei enhances FishWar's infrastructure, delivering faster transactions, lower fees, and a seamless gaming experience for its ever-growing community. Key Benefits of the Integration:Enhanced Performance: With Sei's parallelized EVM, FishWar players will experience faster, more efficient transactions, ensuring smooth gameplay during PVP tournaments, PVE battles, and in-game purchases. Scalable Infrastructure: Sei's ability to process up to 12,500 transactions per second means FishWar is well-equipped to handle its growing user base, which now exceeds 1 million players

Sei Labs, a startup co-founded by a former Robinhood engineer and a former VC from Coatue, has launched a new open sourced project that offers a novel and exciting approach to make Ethereum faster and less expensive for developers.On Wednesday, Sei launched The Parallel Stack, a public good project — meaning free for any crypto developers to use. It aims to improve the performance of transactions per second (TPS) of Ethereum Virtual Machine (EVM)-based layer-2 blockchains through the tried-and-true computer science concept of parallel processing, TechCrunch learned exclusively.Sei Labs is a company the crypto community is already watching after it raised $30 million, at a valuation of $800 million, about a year ago to build its own super-speedy, open source, layer-1 blockchain focused specifically on crypto trading.But now Sei has turned its attention to help improve Ethereum, a far bigger, more established blockchain, the biggest by total value locked, according to CoinMarketCap — aka the value of all the digital assets on the network.By default, EVMs process transactions sequentially, one after another, a slow and inefficient method that doesn’t scale well.“The biggest limitation of the EVM is the lack of throughput,” Jay Jog, co-founder of Sei Labs, formerly of Robinhood, told TechCrunch. Ethereum’s throughput can’t go beyond 50 TPS, which is limiting growth of its ecosystem and results in high so-called gas fees, the fees charged to transact on Ethereum blockchains. These fees make Ethereum unaffordable for “99.9% of normal users,” Jog added.Aside from The Parallel Stack, Sei Labs has also been working on upgrading its blockchain to Sei V2, a parallelized EVM, which processes multiple transactions simultaneously and would make it accessible to a “global base of EVM developers,” according to a November 2023 blog post. “We’ve been working on scaling EVM for a long time and doing it by parallelizing,” Jog said.Obviously, the higher the transactions per second, the faster, more efficient and scalable a network is. For reference, Bitcoin’s blockchain, by default, averages 5 TPS, while Ethereum’s average 20-30 TPS

Mr. Barlow brings a highly accomplished investment track record, joining from Solana VenturesNEW YORK, Jan. 19, 2024 /PRNewswire/ -- Sei Labs ("Sei"), which builds open-sourced technology for the high-performance Sei blockchain, today announced the appointment of Justin Barlow as Head of Business Development & Investments. Joining from Solana Ventures, Barlow's exceptional achievements as an investor and entrepreneur well position him with Sei's mission to build the fastest Layer 1 blockchain, charting the course for the next phase of web3 adoption ahead of the Sei v2 launch."This is the best time to bring on excellent people like Justin from an established team to accelerate the growth of the ecosystem ahead of the upcoming proposed launch of sei v2, the first Parallelized EVM blockchain," said Jeff Feng, Co-founder, Sei Labs. "Justin will contribute the strategic direction and knowledge that will onboard global partners into the Sei ecosystem."Barlow will play a critical role in spearheading Sei's business development and partnership initiatives by leading its global Business Development team ahead of the launch of Sei v2. Under his leadership, he expects to further boost Sei's visibility among industry-leading projects as a top blockchain infrastructure provider