Introduction

SEDA is a hyperspecialized chain for programmable oracles, designed to transform the current era of fragmented blockchains into an era of hyperspecialization without fragmentation. Inspired by SEDA’s threads, this article explores the various stages that have marked the evolution of blockchain infrastructures. We will then examine the solutions that SEDA aims to provide.

Part 1: The Four Eras of the Blockchain Industry

1. The Age of Bitcoin

Launched in 2009, the Bitcoin era marks the beginning of blockchain, primarily used for accounting and direct interaction with the infrastructure.

It is a monolithic, application-specific blockchain aimed at decentralizing currency as an alternative to the traditional banking system.

Despite being revolutionary, Bitcoin is limited in its use cases, focusing mainly on financial transactions without the ability to execute smart contracts or integrate external data.

2. The Age of Monoliths

The emergence of Ethereum in 2015 expanded blockchain capabilities through the introduction of smart contracts.

Ethereum allows anyone to build decentralized applications (dApps) on its platform, envisioning the transformation of blockchain into a global computer.

However, Ethereum could not retrieve external data and relied on oracles for access, paving the way for new innovations but also introducing scalability and performance limitations.

3. The Age of Fragmentation

The growth of Ethereum and other monolithic chains led to the emergence of numerous competing chains, each trying to correct the predecessors’ flaws. This proliferation fragmented the ecosystem, as each new chain required a specific oracle infrastructure.

Developing one’s oracle system leads to redundancy, increased complexity, and higher costs. This resulted in long waits for data access and situations where some chains were favored due to the time and cost constraints of repeated integrations.

4. The Age of Hyperspecialization

We are currently entering an era where networks are designed to excel in specific use cases, leading to exponential fragmentation.

With over 200 chains already existing and hundreds more planned, current infrastructures, serving as intermediaries between different blockchain technologies, lack the capacity to evolve to meet this explosion of specialization.

Hyperspecialized networks require interoperability solutions that can instantly support any new network without additional fragmentation.

Part 2: The SEDA Solution

SEDA stands out with three main characteristics that allow it to address the current challenges of fragmentation while supporting the era of hyperspecialization:

1. Horizontal Scalability

SEDA can instantly support new chains without requiring native integrations that take months. This allows for rapid expansion and immediate integration of new networks, eliminating long wait times for access to critical data.

2. Modularity

SEDA’s modular design allows any new chain to connect to the network permissionlessly from day one. Developers can access the data needed to build their ecosystem without the typical constraints of custom integrations. This modularity promotes maximum flexibility and rapid adaptation to the industry’s changing needs.

3. Programmability

SEDA is agnostic regarding the data and computations performed, distinguishing it from traditional data infrastructures. Developers can build and use programmable oracles, supporting various use cases such as price feeds, cross-chain messaging, bridging, real-world assets (RWA), and artificial intelligence (AI). This programmability allows for meeting the specific needs of each application while ensuring seamless interoperability.

Conclusion

SEDA embodies a bold vision for a unified blockchain ecosystem, overcoming the challenges of fragmentation and paving the way for unhindered innovation.

By integrating horizontal scalability, modularity, and programmability, SEDA allows hyperspecialized networks to thrive in an interoperable environment, marking the beginning of a new era in the evolution of Web3. With SEDA, developers and users can benefit from a flexible, high-performing, and future-ready infrastructure.

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