I have a table with over million rows. I need to reset sequence and reassign id column with new values (1, 2, 3, 4... etc...). Is any easy way to do that?
If you don't want to retain the ordering of ids, then you can
ALTER SEQUENCE seq RESTART WITH 1;
UPDATE t SET idcolumn=nextval('seq');
I doubt there's an easy way to do that in the order of your choice without recreating the whole table.