diff --git a/go.mod b/go.mod
index fff4ed7b33..c107a78a31 100644
--- a/go.mod
+++ b/go.mod
@@ -130,9 +130,9 @@ require (
 )
 
 replace (
-	github.com/cosmos/cosmos-sdk => github.com/sei-protocol/sei-cosmos v0.1.67
+	github.com/cosmos/cosmos-sdk => github.com/sei-protocol/sei-cosmos v0.1.64
 	github.com/gogo/protobuf => github.com/regen-network/protobuf v1.3.3-alpha.regen.1
 	github.com/keybase/go-keychain => github.com/99designs/go-keychain v0.0.0-20191008050251-8e49817e8af4
-	github.com/tendermint/tendermint => github.com/sei-protocol/sei-tendermint v0.1.13
+	github.com/tendermint/tendermint => github.com/sei-protocol/sei-tendermint v0.1.54
 	google.golang.org/grpc => google.golang.org/grpc v1.33.2
 )
diff --git a/go.sum b/go.sum
index 200fd7cd3f..cc1038221a 100644
--- a/go.sum
+++ b/go.sum
@@ -1095,10 +1095,10 @@ github.com/sean-/seed v0.0.0-20170313163322-e2103e2c3529/go.mod h1:DxrIzT+xaE7yg
 github.com/seccomp/libseccomp-golang v0.9.1/go.mod h1:GbW5+tmTXfcxTToHLXlScSlAvWlF4P2Ca7zGrPiEpWo=
 github.com/securego/gosec/v2 v2.11.0/go.mod h1:SX8bptShuG8reGC0XS09+a4H2BoWSJi+fscA+Pulbpo=
 github.com/segmentio/fasthash v1.0.3/go.mod h1:waKX8l2N8yckOgmSsXJi7x1ZfdKZ4x7KRMzBtS3oedY=
-github.com/sei-protocol/sei-cosmos v0.1.67 h1:AdjpHcaryUaGI4X9nnK13YWxPOguDveH2sH+06gBsCw=
-github.com/sei-protocol/sei-cosmos v0.1.67/go.mod h1:Oaj7toqHCkwEEb+sDIWxtfTkPZxOpMXBXDMvIIqUjpw=
-github.com/sei-protocol/sei-tendermint v0.1.13 h1:uaMXhi+zpaqcUDlshxjqmPmUI/zSZla2a2ZmOtDK5RM=
-github.com/sei-protocol/sei-tendermint v0.1.13/go.mod h1:Olwbjyagrpoxj5DAUhHxMTWDVEfQ3FYdpypaJ3+6Hs8=
+github.com/sei-protocol/sei-cosmos v0.1.64 h1:smRXceJpavcGxG+KUoI5ztBdSvPKbebzTf06Bx0oAAM=
+github.com/sei-protocol/sei-cosmos v0.1.64/go.mod h1:8C+uqD5ZyLjoZpQIKtQPpRynlD3fWgsrwFIt5NlKJIE=
+github.com/sei-protocol/sei-tendermint v0.1.54 h1:T8snsZ5schPUSMa2STd61a0Mt/yoz1H5MTn3HRTbzj8=
+github.com/sei-protocol/sei-tendermint v0.1.54/go.mod h1:Olwbjyagrpoxj5DAUhHxMTWDVEfQ3FYdpypaJ3+6Hs8=
 github.com/sergi/go-diff v1.1.0/go.mod h1:STckp+ISIX8hZLjrqAeVduY0gWCT9IjLuqbuNXdaHfM=
 github.com/shazow/go-diff v0.0.0-20160112020656-b6b7b6733b8c/go.mod h1:/PevMnwAxekIXwN8qQyfc5gl2NlkB3CQlkizAbOkeBs=
 github.com/shirou/gopsutil v2.20.5+incompatible/go.mod h1:5b4v6he4MtMOwMlS0TUMTu2PcXUg8+E1lC7eC3UO/RA=
diff --git a/loadtest/scripts/populate_genesis_accounts.py b/loadtest/scripts/populate_genesis_accounts.py
index 386eb68e03..6f92f1276a 100644
--- a/loadtest/scripts/populate_genesis_accounts.py
+++ b/loadtest/scripts/populate_genesis_accounts.py
@@ -1,7 +1,13 @@
 import json
 import os
+import multiprocessing
 import subprocess
 import sys
+import threading
+import time
+
+PARALLEISM=32
+LOCK=threading.Lock()
 
 def add_genesis_account(account_name, local=False):
     if local:
@@ -30,13 +36,26 @@ def add_genesis_account(account_name, local=False):
             "mnemonic": mnemonic,
         }
         json.dump(data, f)
-    subprocess.check_call(
-        [add_account_cmd],
-        shell=True,
-    )
+    success = False
+    retry_counter = 5
+    sleep_time = 1
+    while not success and retry_counter > 0:
+        try:
+            with LOCK:
+                subprocess.check_call(
+                    [add_account_cmd],
+                    shell=True,
+                )
+                success = True
+        except subprocess.CalledProcessError as e:
+            print(f"Encountered error {e}, retrying {retry_counter - 1} times")
+            retry_counter -= 1
+            sleep_time += 0.5
+            time.sleep(sleep_time)
+
 
-def bulk_create_genesis_accounts(number_of_accounts, is_local=False):
-    for i in range(number_of_accounts):
+def bulk_create_genesis_accounts(number_of_accounts, start_idx, is_local=False):
+    for i in range(start_idx, start_idx + number_of_accounts):
         print(f"Creating account {i}")
         add_genesis_account(f"ta{i}", is_local)
 
@@ -46,7 +65,14 @@ def main():
     is_local = False
     if len(args) > 1 and args[1] == "loc":
         is_local = True
-    bulk_create_genesis_accounts(number_of_accounts, is_local)
+    num_processes = number_of_accounts // PARALLEISM
+    processes = []
+    for i in range(0, number_of_accounts, num_processes):
+        processes.append(multiprocessing.Process(target=bulk_create_genesis_accounts, args=(num_processes, i, is_local)))
+    for p in processes:
+        p.start()
+    for p in processes:
+        p.join()
 
 if __name__ == "__main__":
     main()