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Jayendra Jog, co-founder and CEO at Sei Labs, shared that Sei Network is set to implement a private transaction layer called Sedna to enhance user privacy. According to Jog, Sedna will provide roughly 90 percent of privacy benefits while only requiring 0.01 percent or less of the effort needed for a full zero-knowledge layer.
Jog emphasized privacy's relevance and hinted at further discussions ahead on how Sedna integrates with Sei Network.
Jog previously noted that most fintech apps begin by focusing on a single vertical, before expanding if they achieve sufficient traction, according to a recent interview. He has also argued that blockchain networks using Merkle Trees for state proofs can face performance limitations, prompting Sei Labs to introduce a Sei Giga solution as detailed here. The current privacy initiative comes after these earlier developments from the Sei Labs team.