The Sei community is considering moving away from Cosmos native accounts and towards an EVM architecture

According to The Block, Sei Labs, the core development team of Sei blockchain, recently proposed a key proposal, SIP-3, which plans to phase out the existing CosmWasm smart contracts and native Cosmos account functions, and fully shift to the Ethereum Virtual Machine (EVM) architecture. The proposal aims to simplify the network structure and improve performance. In the future, the Sei network will only support transactions initiated through EVM addresses, but the underlying functions such as verification nodes will still retain Cosmos native technical support. The proposal is in the community discussion stage, and will be decided through processes such as Snapshot voting. If passed, developers need to migrate CosmWasm applications to the EVM environment, and users need to transfer assets to EVM-compatible wallets.