Sei Labs, a startup co-founded by a former Robinhood engineer and a former VC from Coatue, has launched a new open sourced project that offers a novel, and exciting approach to make Ethereum faster and less expensive for developers.
On Wednesday, Sei launched The Parallel Stack, a public good project – meaning free for any crypto developers to use.
“The biggest limitation of the EVM is the lack of throughput,” Jay Jog, co-founder of Sei Labs, formerly of Robinhood, told TechCrunch.
The Parallel Stack can do around 5,000 TPS, but is aiming to hit 10,000 TPS by the end of the year, Jog said.
But they use different design philosophies and Sei’s focus is on higher throughput through parallel processing, said Jeff Feng, Sei Labs co-founder, previously an investor at Coatue.
Amba Kak is the executive director of the AI Now Institute, where she helps create policy recommendations to address AI concerns.
She was also a senior AI advisor at the Federal Trade Commission and previously worked as a global policy advisor at Mozilla and a legal advisor to India’s telecom regulator on net-netruality.
How do you navigate the challenges of the male-dominated tech industry and, by extension, the male-dominated AI industry?
The tech industry, and AI in particular, remains overwhelmingly white and male and geographically concentrated in very wealthy urban bubbles.
By exposing the power dynamics that the tech industry tries very hard to conceal.
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