1 Signature scheme 0/10, weighted 30%
Band 0: Classical signatures only on mainnet, with nothing post-quantum protecting live funds. Short-lived devnets and one-off benchmarks sit here: they demonstrate research rather than something a user can hold keys on.
Sei signs with ECDSA on secp256k1, with 0x and sei1 addresses both derived from the same public key, and nothing post-quantum protects SEI or any token on mainnet. SIP-5 is a document: no implementation of it runs on mainnet or on any public test network.
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2 Deployment stage 2/10, weighted 25%
Band 2: Tier 4: Debating.
Tier 4: Debating. SIP-5 is a formal proposal in Sei's own improvement process, written by Sei Labs authors, with Philip Su of Sei Labs named as its reviewer, and announced on the Sei blog. It is not Tier 3 because SIP-5 is a Draft, and Sei Labs says in the announcement that it is not proposing the change for immediate implementation and that a cutoff would be set if and when the plan is adopted. A draft proposal is not a plan.
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3 NIST alignment 6/10, weighted 15%
Band 6 to 8: The scheme is NIST-selected but the standard is not yet final, or a NIST-approved scheme is named but not yet deployed.
SIP-5 names a single parameter set, ML-DSA-44 from the final FIPS 204, and fixes its key and signature encodings, the pure signing mode and a domain-separation context. The Sei Giga whitepaper, by Sei Labs authors, separately states that Giga intends to use ML-DSA in the short term.
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Placement in the band A 6 rather than a 7: ML-DSA-44 is named but not deployed anywhere, and Sei Labs describes it as an emergency path while it researches a faster scheme whose standard is unknown. Not a 5, because this is a specified parameter set of a final standard, not a candidate reference.
4 Migration path 5/10, weighted 15%
Band 3 to 5: Migration is acknowledged as a problem with no agreed mechanism, or the mechanism is contested.
SIP-5 sets out a complete mechanism: an existing account binds a post-quantum key at its current address, a third party can pay for the binding, an account can switch itself to post-quantum-only signing ahead of the network, and a governance-set cutoff height then stops classical signing for everyone, with a minimum notice period enforced in consensus.
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Placement in the band The top of the 3 to 5 band rather than a 6: the mechanism covers accounts whose keys are already public and enforces a notice period in consensus, which lifts it above a bare acknowledgement, but SIP-5 is a Draft that Sei Labs itself is not proposing for immediate implementation, with no implementation, no registration height and no notice-period value, and a draft proposal is not a plan.
5 Exposure 2/10, weighted 10%
Band 0 to 2: Public keys are exposed for effectively all accounts, or a large, measured share of total supply sits in exposed addresses.
Both Sei address formats are hashes of the public key, so an account that has never signed keeps its key private. The key is recorded on-chain once an account sends a transaction or associates its two addresses, and accounts holding meaningful value have almost all done one or the other.
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Placement in the band At the top of the band rather than a 0 or a 1: the hashed address genuinely protects accounts that have never signed or associated, though on a chain built for high-frequency trading that covers little of the value.
6 Verification 2/10, weighted 5%
Band 0 to 2: No post-quantum component exists, or the claims rest on marketing.
No post-quantum component exists to verify. SIP-5 is an unmerged design with no reference implementation, and its discussion thread on GitHub has no replies, so it has had no outside review either. Under v1.8 a proposal is not a component.
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Placement in the band The top of the band rather than a 0 or a 1: there is nothing to verify, but Sei is not marketed as quantum-safe. Its announcement calls SIP-5 a proposal, so its position does not rest on marketing.