Sui is a decentralized permission smart contract platform biased towards low-latency management of assets
Sui Ecosystem — media, insights and latest news in the Sui blockchain.Sui has branded itself as the first permissionless layer-1 (L1) proof-of-stake (PoS) blockchain built from the ground up, allowing developers and creators to build Web3 projects that serve the next wave of Web3 users. Furthermore, Sui is a next-generation smart contract platform focusing on throughput and low latency. The blockchain utilizes an asset-oriented programming model based on the smart contract language known as Move. However, this guide returns to explore the intricacies of Move further in the ”Move Explained — What is Sui?” section below.
What is Sui Blockchain?
The platform claims to offer unprecedented low latency and scalability for straightforward use cases. This is achievable since the platform enables the capability of parallel transactions. Consequently, Sui can use processing resources more efficiently.The blockchain does, according to their documentation, work at unprecedented speed and scale. The enhanced efficiency is partly an effect of Sui’s assumption that many blockchain transactions are without complex interdependencies with other parts of the chain. Consequently, the platform views blockchain transactions as simple transfers and has optimized its platform accordingly.
Sui Blockchain Features
According to the Sui team, the platform has unique technical features. More specifically, this section covers Sui’s unique approach to security, how the platform creates a more straightforward developer experience, and how Sui improves the UX (user experience) for Web3 solutions!
Unique Security Approach
Unlike many other blockchain networks, Sui does not focus on strong asynchronous assumptions on the platform. Consequently, the chain can maintain its security properties, even under unfavorable circumstances or conditions such as DoS attacks or network splits.
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