The Sei community is considering phasing out native Cosmos accounts and fully transitioning to the EVM architecture.

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