SEDA, the groundbreaking modular data layer designed for all blockchains, has officially launched its mainnet genesis event. This launch marks a monumental shift in the Web3 landscape, introducing a new standard for data access, transport and configuration across all blockchain networks.
Traditional data infrastructure designs, such as oracles, struggle to scale and meet the demands of the rapidly evolving Web3 ecosystem. These designs often require a native deployment on each new network for each new feed created, leading to integration lags that can take up to nine months. This bottleneck has stifled innovation, created technical fragmentation, and presented significant challenges for developers.
SEDA’s modular data layer addresses these challenges head-on by offering seamless integrations on a 100% permissionless basis. This innovative approach enables developers to access any data type from any chain at any time, eliminating the need for native implementations and unlocking unprecedented flexibility.
A new era of flexibility for developers
The launch of SEDA’s mainnet marks the beginning of a new standard for developer flexibility in the Web3 space. With its modular and chain-agnostic design, SEDA aims to provide full developer flexibility through chain-agnostic integrations and programmable data feeds. This “permissionless optionality” fits perfectly with Web3’s ethos, allowing builders to create without limitations.
Jasper, CTO and co-founder of SEDA, commented: “Permissionless development is the cornerstone of Web3, and we are excited to launch a new permissionless data access standard that allows developers to use SEDA to build what they want, anywhere. “
One of the big challenges facing oracles and bridges is the need for developer traction to justify their cost and resource-intensive deployments. Conversely, developers need access to data to create traction, creating a classic chicken-and-egg problem. SEDA’s data layer addresses this challenge by natively serving more than 230 blockchains, allowing builders to connect permissionlessly via a single contract from any network with same-day data access.
Rollout with many features in prospect
The mainnet launch is just the beginning for SEDA, as the project plans to roll out a host of new features in the coming months. This includes the deployment of SEDA’s solvers, an overlay network that provides one-click node spin-ups for the community and tailored mechanisms for capturing network OEV and redeploying value into the hands of network participants .
SEDA has already received significant support from leading venture capitalists and has raised more than $22 million from investors such as Coinbase, Reciprocal Ventures, Distributed Global, Coinfund and Hack VC. Additionally, the mainnet has been audited by leading security company Trail of Bits and has a theoretical limit of 10,000 transactions per second. The mainnet will be launched at Genesis by 20 of the industry’s top leading professional validators.
Overall, SEDA sets a new standard in modular data transport, access and configuration, providing networks with unparalleled flexibility to query any data type at any time. With native support for more than 230 blockchains, SEDA provides developers with permissionless data query and configuration options to meet every developer need.
As SEDA continues to innovate and expand its offerings, it is poised to play a critical role in shaping the future of Web3 data infrastructure, driving the decentralized revolution and empowering developers to build next generation blockchain applications.