Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

Banks Exploring Stablecoin Amid Fears of Losing Market Share, BitGo Executive Says

May 14, 2025

Hedera Unveils AI Studio to Build Trusted AI Applications

May 14, 2025

3 reasons why Ethereum price could rally to $5,000 in 2025

May 14, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Banks Exploring Stablecoin Amid Fears of Losing Market Share, BitGo Executive Says

    May 14, 2025

    Hedera Unveils AI Studio to Build Trusted AI Applications

    May 14, 2025

    3 reasons why Ethereum price could rally to $5,000 in 2025

    May 14, 2025

    World’s Iris-Scanning Tech Misunderstood, Data Never Leaves Orb, Advisor Says

    May 14, 2025

    Bitfarms clocks loss amid AI pivot

    May 14, 2025

    Pantera Capital CEO Dan Morehead Says Crypto Markets ‘Unbelievably Cheap’ Amid Widespread Bullish Catalysts

    May 14, 2025

    Bitcoin price consolidation and bullish on-chain data hint at new all-time highs by next week.

    May 14, 2025

    Bitcoin breakout to $120K on radar as markets forget Fed July rate cut

    May 14, 2025

    3 reasons why Ethereum price could rally to $5,000 in 2025

    May 14, 2025

    Ethereum retakes 10% control of crypto market, but ETH bulls shouldn’t celebrate yet

    May 14, 2025

    SEC delays Solana ETF as decisions for Polkadot, XRP loom

    May 14, 2025

    Crypto Trader Says Bitcoin on Cusp of Price Discovery Phase, Sees Ethereum Attacking December Highs

    May 13, 2025

    Decentralized OORT AI data hits top ranks on Google Kaggle

    May 14, 2025

    Ex-Cred execs plead guilty to wire fraud over $150M crypto collapse

    May 14, 2025

    VanEck and Securitize Launch Tokenized Treasury Fund on Ethereum, Solana and Two Other Chains

    May 14, 2025

    Analyst Sees Crypto Repeating Dot-Com Bubble, Predicts Rallies for XRP and One Solana Challenger

    May 14, 2025

    Banks Exploring Stablecoin Amid Fears of Losing Market Share, BitGo Executive Says

    May 14, 2025

    Hedera Unveils AI Studio to Build Trusted AI Applications

    May 14, 2025

    3 reasons why Ethereum price could rally to $5,000 in 2025

    May 14, 2025

    World’s Iris-Scanning Tech Misunderstood, Data Never Leaves Orb, Advisor Says

    May 14, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    I Can't Stay Quiet on this Bitcoin PUMP Any Longer!

    May 13, 2025

    ETH Will 10x?! Inside Ethereum’s Secret Master Plan

    May 13, 2025

    Cardano Will SKYROCKET Because Of THIS!

    May 13, 2025

    BUY BITCOIN NOW… BEFORE IT'S TOO LATE

    May 12, 2025

    $10,000 ETH SOON! (2025 Ethereum Price Prediction)

    May 12, 2025
ApeWatcher News
Home » Why Sei Wants To Cut Cosmos Compatibility and Go All-In on Ethereum
Why Sei Wants To Cut Cosmos Compatibility and Go All-In on Ethereum
News

Why Sei Wants To Cut Cosmos Compatibility and Go All-In on Ethereum

CoindeskBy CoindeskMay 8, 20250 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

A Sei Network developer proposed to depreciate the blockchain’s Cosmos support on Wednesday in a bid to remove “unnecessary” complexity for users.

The proposal, if successful, will make it so Sei users will only be able to send and receive transactions that are compatible with Ethereum.

Cutting Cosmos support will significantly simplify the blockchain, reduce infrastructure overhead, and position Sei more strongly within the broader Ethereum ecosystem, Philip Su, Sei Labs’ Engineering Lead, said in the proposal.

“This transition will lead to greater adoption, improved developer experience, and a more cohesive community,” he said.

The move comes as blockchain infrastructure builders compete to draw in developers and expand their orbits.

Ethereum-based infrastructure, which runs on software called the Ethereum Virtual Machine, or EVM, is what the majority of decentralized finance apps run on. Ethereum, as well as other big blockchains like Coinbase’s Base and the Binance-affiliated BNB Chain, all use the EVM.

But there are challengers. Solana uses its own software called the Solana Virtual Machine, or SVM, while Cosmos has pioneered software called CosmWasm.

Sei currently supports both EVM and CosmWasm. “While this dual architecture has provided flexibility, it also introduces significant complexity and friction for both users and developers,” Su said.

If Sei pivots away from CosmWasm it could be a significant blow for the software’s adoption.

The Sei Network has grown steadily since its 2023 launch. Deposits to DeFi apps on the network are at an all-time high of $1 billion, according to DefiLlama data, making it the 15th largest blockchain by total value locked.

Cosmos Hub, the leading development platform for Cosmos, did not immediately respond to a request for comment.

Unnecessary overhead

When Sei launched it didn’t support the EVM and adoption was slow.

Over the blockchain’s first year it only attracted some $50 million of deposits to its DeFi apps, a paltry sum compared to other blockchains that launched around the same time, such as Sui, which soared above $600 million in deposits during its first year.

But that changed in July 2024 when Sei launched its second version, which let users create DeFi apps using either CosmWasm or the EVM.

Activity exploded as developers and investors flocked to the blockchain. Among DeFi developers, the EVM is the most well-known software. So by introducing EVM support, Sei was able to tap into a much larger pool of developers.

Deposits to Sei DeFi apps are at an all-time high (DefiLlama).

New Sei users are now predominantly choosing to use the EVM instead of CosmWasm, data compiled by Sei Labs on data platform Dune Analytics shows.

What’s more, the current cross-compatibility comes at a cost, Su said. It introduces “unnecessary overhead in the codebase and complicates debugging and testing,” he said.

Still, there’s no guarantee others in the Sei community will feel the same way.

Build with Sei, a group managed by the nonprofit Sei Foundation, will host a call on May 14 to discuss the proposal in detail and give opportunities for developers and the community to ask questions and give feedback.

Read more: Trump-Linked Crypto Project Buys $775K Worth of SEI as Altcoin Accumulation Continues



Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Banks Exploring Stablecoin Amid Fears of Losing Market Share, BitGo Executive Says

May 14, 2025

Hedera Unveils AI Studio to Build Trusted AI Applications

May 14, 2025

3 reasons why Ethereum price could rally to $5,000 in 2025

May 14, 2025

World’s Iris-Scanning Tech Misunderstood, Data Never Leaves Orb, Advisor Says

May 14, 2025

GnosisDAO Targets Corporate Finance With Acquisition of HQ.xyz, Rebranded as Gnosis HQ

May 14, 2025

Bitfarms clocks loss amid AI pivot

May 14, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

Banks Exploring Stablecoin Amid Fears of Losing Market Share, BitGo Executive Says

May 14, 2025

Hedera Unveils AI Studio to Build Trusted AI Applications

May 14, 2025

3 reasons why Ethereum price could rally to $5,000 in 2025

May 14, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.