Binance has introduced help for the Sei (SEI) community improve scheduled for September 16, 2024 at roughly 19:00.
Binance Sei (SEI) Will Assist Community Improve
In preparation for the improve, the alternate will droop token deposits and withdrawals on the Sei and Sei EVM networks beginning at 18:00 on the identical day.
The community improve will happen at block peak 102,491,599 and token buying and selling on the affected networks won’t be affected. Binance will handle all technical points of the improve on behalf of its customers.
Deposits and withdrawals will resume as soon as the upgraded community is confirmed to be secure, and no extra bulletins shall be made after that.
What’s Sei (SEI) Community?
Sei is an industry-specific Layer-1 blockchain particularly designed for DeFi, specializing in bettering the order ebook and quick transaction execution. It’s primarily based on the Cosmos SDK and makes use of the Restrict OrderBook (CLOB) that serves because the decentralized finance infrastructure throughout the Cosmos ecosystem.
Sei’s highlights embrace anti-frontal processing measures in addition to parallel processing to extend processing speeds and stop frontal processing.
*This isn’t funding recommendation.