A SEI network developer suggested to write off Blockchain’s Cosmos Support Wednesday in an attempt to remove “unnecessary” complexity for users.
The proposal, if successful, will do so, so SEI users will only be able to send and receive transactions compatible with Ethereum.
Cutting Cosmos Support will simplify blockchain significantly, reduce the infrastructure cost and place SEI stronger within the wider Ethereum -Ecosystem, Philip SU, SEI Labs’ technical manager, said in the proposal.
“This transition will lead to greater adoption, improved developer experience and a more coherent society,” he said.
The move is coming as blockchain infrastructure builders compete to draw on developers and expand their circuits.
Ethereum-based infrastructure running on software called Ethereum Virtual Machine, or EVM, is what the majority of decentralized financing apps are running. Ethereum as well as other large blockchains such as Coinbases Base and the Binance-affiliated BNB chain all use EVM.
But there are challengers. Solana uses her own software called Solana Virtual Machine or SVM, while Cosmos has been groundbreaking software called Cosmwasm.
SEI is currently supporting both EVM and Cosmwasm. “While this double architecture has provided flexibility, it also introduces considerable complexity and friction for both users and developers,” SU said.
If SEI turns away from cosmwasm, it can be a significant blow to the software’s adoption.
The SEI network has grown steadily since the launch of 2023. Deposits for defi-apps on the network are at a highlight of $ 1 billion, according to Defillama data, making it the 15th largest blockchain with the total value locked.
Cosmos Hub, the leading development platform for Cosmos, did not immediately respond to a comment request.
Unnecessary overhead
When SEI launched, it did not support EVM and the adoption was slow.
During the first year of Blockchain, it only attracted approx. $ 50 million of deposits to its defi apps, a gentle sum compared to other blockchains launched at the same time, such as SUI, which rose over $ 600 million in deposits during the first year.
But that changed in July 2024 when SEI launched its second version that let users create DEFI apps using either Cosmwasm or EVM.
The activity exploded as developers and investors flowed to blockchain. Among Defi developers, EVM is the best known software. So by introducing EVM support, SEI was able to utilize a much larger pool of developers.
New SEI users now choose to use EVM predominantly instead of cosmwasm, data prepared by SEI Labs on Data Platform Dune Analytics Shows.
In addition, the current cross -compatibility comes at a price, SU said. It introduces “unnecessary overhead in the code base and complicates troubleshooting and testing,” he said.
There is still no guarantee that others in the SEI community will feel the same way.
Build with SEI, a group managed by nonprofit SEI Foundation, hosts a call on May 14 to discuss the proposal in detail and provide opportunities for developers and society to ask questions and give feedback.
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