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Jayendra Jog, co-founder and CEO at Sei Labs, has announced the release of version 2 of the Giga Whitepaper. The update features faster sub-250ms finality, pre-execution privacy, and improvements designed to make MEV on the SeiNetwork negligible.
Jog stated that Giga aims to be more than just a high-performance solution, with the intention to fundamentally reshape onchain trading.
Jog previously launched Sedna, a private transaction layer for Sei Network that claimed 90 percent privacy benefits with minimal overhead, according to a recent company announcement. He has also written that onchain markets enable countries to tokenize equities, creating round-the-clock price discovery as noted in a separate market update. Both efforts highlight ongoing product development at Sei Labs.