Sei Network：针对交易相关应用程序进行优化的第 1 层区块链

Sei Network 是专为交易相关应用程序设计的第 1 层区块链，包括去中心化交易所 (DEX)、NFT 市场和 GameFi 平台。

Sei Network: A Layer 1 Blockchain Optimized for Exchanges

Sei Network：针对交易所优化的第 1 层区块链

With the advancement of blockchain technology and its increasing adoption in various industries, the need for specialized solutions has become evident. One such solution is Sei Network, a layer 1 blockchain specifically designed for trading-related applications.

随着区块链技术的进步及其在各行业的日益采用，对专业解决方案的需求变得显而易见。 Sei Network 就是这样的解决方案之一，它是专门为交易相关应用程序设计的第 1 层区块链。

Unlike汎用性が高いmore general blockchains such as Ethereum or Solana, Sei Network is tailored to the unique requirements of decentralized exchanges (DEXs), NFT marketplaces, and GameFi platforms. This prioritization enables faster transaction finalization times, lower overall costs, and higher processing capacities to meet the demanding needs of these applications.

与以太坊或 Solana 等泛用性が高い更通用的区块链不同，Sei Network 是根据去中心化交易所 (DEX)、NFT 市场和 GameFi 平台的独特要求量身定制的。这种优先级可以实现更快的交易完成时间、更低的总体成本和更高的处理能力，以满足这些应用程序的苛刻需求。

At the core of Sei Network is its native order matching engine and custom architecture, which facilitates efficient order processing. This ensures reliable prices and creates an ecosystem that caters to the high speed and transparency requirements of exchange development.

Sei Network 的核心是其原生订单匹配引擎和定制架构，有助于高效的订单处理。这确保了可靠的价格，并创建了一个满足交易所发展的高速和透明度要求的生态系统。

Features such as order execution in a single block and the use of frequent batch auctions showcase Sei's capability to provide an experience that overcomes the limitations commonly associated with decentralized systems.

在单个区块中执行订单以及使用频繁的批量拍卖等功能展示了 Sei 提供克服去中心化系统通常相关限制的体验的能力。

Technical Aspects of Sei Network

Sei网络的技术方面

The architecture of Sei Network is a central component of its value proposition, aiming to offer a highly efficient platform optimized for decentralized trading.

Sei Network 的架构是其价值主张的核心组成部分，旨在提供一个针对去中心化交易进行优化的高效平台。

Twin Turbo ConsensusThis mechanism combines two fundamental components:

双涡轮共识该机制结合了两个基本组成部分：

Together, these elements achieve transaction finalization times of 300 milliseconds, which is significantly lower than most conventional blockchains.

这些元素共同实现了 300 毫秒的交易完成时间，这明显低于大多数传统区块链。

Parallel Order ExecutionWhile traditional blockchains like Ethereum process orders sequentially based on their order of receipt, Sei Network takes advantage of market independence to maximize efficiency.

并行订单执行 虽然以太坊等传统区块链根据接收顺序依次处理订单，但 Sei Network 利用市场独立性来最大限度地提高效率。

Although independent markets are processed in parallel, orders within the same market follow a sequential flow to ensure consistency and avoid execution errors.

尽管独立市场是并行处理的，但同一市场内的订单遵循顺序流程，以确保一致性并避免执行错误。

Native Order Matching EngineSei's native matching engine is designed to handle large transaction volumes and offer advanced features that facilitate trading on its network.

原生订单匹配引擎Sei 的原生匹配引擎旨在处理大交易量并提供促进其网络上交易的高级功能。

This enables it to achieve high processing capacity, handling up to 22,000 orders per second. Additionally, it allows orders to be placed and executed within the same block, eliminating the need for multi-block confirmations that can increase latency on traditional platforms.

这使其能够实现高处理能力，每秒处理高达 22,000 个订单。此外，它允许在同一个区块内下达和执行订单，从而消除了可能增加传统平台延迟的多区块确认的需要。

Order Bundling enables market makers to update prices across multiple markets simultaneously in a single transaction, optimizing operational efficiency and reducing associated costs.

订单捆绑使做市商能够在一次交易中同时更新多个市场的价格，从而优化运营效率并降低相关成本。

Native Price OracleSei's price oracle is directly integrated into its base layer, enhancing the reliability and accuracy of market data.

Native Price OracleSei的价格预言机直接集成到其基础层，增强了市场数据的可靠性和准确性。

Validators must agree on prices before adding a block to the blockchain, ensuring that transactions reflect consistent, consensus-based values. This improves confidence in the prices offered by the network and ensures the integrity of operations conducted on DEXs and other applications.

在将区块添加到区块链之前，验证者必须就价格达成一致，以确保交易反映一致的、基于共识的价值。这提高了人们对网络提供的价格的信心，并确保了去中心化交易所和其他应用程序上进行的操作的完整性。

Current Limitations and Challenges of Sei Network

Sei网络目前的局限性和挑战

Sei Network's strengths and specialized design also come with certain limitations and challenges that need to be considered.

Sei Network 的优势和专业设计也存在一些需要考虑的限制和挑战。

1. CentralizationOne of Sei's biggest challenges is its focus on smaller validators and the need for high-end hardware, which may lead to relative centralization. While this approach can enhance performance and scalability, it also limits participation in block validation.

1. 中心化 Sei 最大的挑战之一是其专注于较小的验证器以及对高端硬件的需求，这可能会导致相对中心化。虽然这种方法可以增强性能和可扩展性，但它也限制了区块验证的参与。

Although smaller validator structures have been tested for better performance, this could raise concerns about security and long-term decentralization.

尽管较小的验证器结构已经过测试以获得更好的性能，但这可能会引起人们对安全性和长期去中心化的担忧。

2. Dependency on Its NicheSei is deeply focused on the decentralized trading niche, and its architecture is specially optimized for this type of application.

2.对其NicheSei的依赖 深度专注于去中心化交易领域，其架构专门针对此类应用进行了优化。

While this specialization allows it to offer superior performance and advanced features in this field, it also makes it vulnerable to changes in the market. If more versatile alternatives or better solutions emerge that address a broader range of blockchain applications, it could fall behind.

虽然这种专业化使其能够在该领域提供卓越的性能和先进的功能，但也使其容易受到市场变化的影响。如果出现更通用的替代方案或更好的解决方案来解决更广泛的区块链应用程序，那么它可能会落后。

3. Adoption and CompetitionDespite its high performance, it is still an emerging project in a saturated market of blockchains and DeFi solutions. The competition with established platforms like Ethereum, Solana, and Binance Smart Chain is fierce, and Sei needs to prove it can build a solid user and developer base.

3.采用和竞争尽管其性能很高，但在区块链和 DeFi 解决方案饱和的市场中，它仍然是一个新兴项目。与以太坊、Solana 和币安智能链等成熟平台的竞争非常激烈，Sei 需要证明它能够建立坚实的用户和开发者基础。

The adoption of a new network depends not only on technical quality but also on factors like community, institutional support, and its ability to attract projects that create applications on its platform.

新网络的采用不仅取决于技术质量，还取决于社区、机构支持及其吸引在其平台上创建应用程序的项目的能力等因素。

4. Long-Term Scalability RisksWhile Sei promises high performance in terms of transaction speed and processing capacity, its scalability model could face difficulties when mass adoption occurs.

4.长期可扩展性风险虽然Sei承诺在交易速度和处理能力方面具有高性能，但当大规模采用时，其可扩展性模型可能会面临困难。

As more applications are developed on the network and more users join, it will be crucial to assess whether Sei's infrastructure can maintain performance without sacrificing decentralization. Load tests conducted so far show good results, but it is still unclear how the network will behave under more intense traffic conditions in the long term.

随着越来越多的应用程序在网络上开发以及越来越多的用户加入，评估 Sei 的基础设施是否能够在不牺牲去中心化的情况下保持性能至关重要。迄今为止进行的负载测试显示出良好的结果，但仍不清楚长期来看网络在更密集的流量条件下将如何表现。

5. InteroperabilityWhile primarily designed for exchanges, interoperability with other chains and platforms is an aspect that has not been fully addressed. The ability to interact with other networks is crucial to ensuring long-term success.

5. 互操作性虽然主要是为交换而设计的，但与其他链和平台的互操作性是尚未完全解决的一个方面。与其他网络交互的能力对于确保长期成功至关重要。

If it fails to integrate effectively with other chains and protocols, it could struggle to remain relevant.

如果它无法与其他链和协议有效集成，它可能很难保持相关性。

SEI Token: Functions and Value in the NetworkSei Network's native token, SEI, serves several essential functions within the network.

SEI 代币：网络中的功能和价值Sei 网络的原生代币 SEI 在网络内提供多种基本功能。

First, it is used for transaction fee payments, covering costs for both basic operations and complex interactions in DeFi applications or smart contracts.

首先，它用于支付交易费用，涵盖 DeFi 应用或智能合约中的基本操作和复杂交互的成本。

Additionally, it allows users to participate in the consensus mechanism

此外，它允许用户参与共识机制