Sei's Proposal 55 For V2 Upgrade Receives Approval

According to Odaily, Sei has announced that Proposal 55, which pertains to an upgrade to V2, has been approved through voting on the X platform. The mainnet upgrade for Sei V2 is scheduled to take place on May 27. Previously, Sei had revealed plans to roll out the V2 upgrade in three stages. These stages include governance, Alpha release, and the V2 readiness stage. The upgrade is expected to introduce a new high-performance parallel EVM. The governance stage is the first phase of the upgrade process. The Alpha release is the second stage, which will be followed by the final V2 readiness stage. Each stage is crucial in ensuring the successful implementation of the upgrade. The V2 upgrade is a significant development for Sei, as it aims to enhance the platform's performance and capabilities. The introduction of a high-performance parallel EVM is expected to significantly improve the platform's efficiency and scalability. The exact details of the upgrade and its potential impact on the platform's users and operations remain to be seen. However, the approval of Proposal 55 indicates a positive reception from the community and a step forward in Sei's development journey.