Sei Labs has put forth a governance proposal to streamline its network by transitioning to an exclusively Ethereum Virtual Machine (EVM) architecture, as reported by The Block. This significant shift involves decommissioning CosmWasm, a prominent smart contract platform within the Cosmos ecosystem, along with native Cosmos accounts. Simplifying for Speed and Efficiency Sei Labs emphasizes that this architectural overhaul is intended to create a more streamlined and efficient environment. Currently, the Sei network accommodates both EVM and native Cosmos accounts. However, Sei Labs argues that this dual architecture, while offering flexibility, introduces complexities and friction for both users and developers. Enhanced Transaction Processing The core reasoning behind the proposal centers on improved performance. Sei Labs believes that "Simplifying the architecture and parallelizing the EVM can increase transaction processing speed." By focusing solely on the EVM, Sei aims to optimize its network for faster and more seamless transactions. The governance vote will determine the future direction of the Sei Network and its alignment with the broader Ethereum ecosystem. ```