A thorough explanation of the virtual currency Sui (SUI)! Innovative features and uses of blockchain




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What is Sui? Its features and usage

Overview of Sui

 Sui is a new type of layer-1 blockchain and smart contract platform designed to make digital asset ownership fast, private, secure and accessible. We aim to provide the benefits of Web3 with the ease of use of Web2.

Features of Sui

– Fast and secure infrastructure: Sui provides high-speed infrastructure at predictable and low costs, allowing you to keep costs in check as demand increases.

– Transaction speed and finality: Sui processes 297,000 transactions per second and achieves finality in an average of 400ms.

– Active Accounts and Transactions: There are currently 9.5 million active accounts and 1.7 billion transactions.

– Designed to deliver on the promise of Web3: Sui securely stores assets on-chain and evolves with your needs.

Example of using Sui

– Games: Increase customer engagement and loyalty.

– Commerce: Creatively scale your growth and retention programs by integrating Sui’s dynamic and combinable assets.

– DeFi: Users can easily authenticate with web credentials, reducing friction.

Developer portal

– Move Language: Sui uses a powerful smart contract programming language called Move.

– Developer Resources: Get the support you need, including Sui documentation, hackathons, forums, office hours, grants, events, and more.

Further features and benefits of Sui

– Scalability: Sui allows you to expand your network capacity as your business grows. It has the ability to handle large applications and high transaction volumes.

– Security and Privacy: Sui has state-of-the-art security features to protect your assets and data. And our privacy-focused design keeps your information safe.

– Growing Ecosystem: Sui has a growing ecosystem across diverse industries, providing an ideal platform for developers and businesses to build innovative applications.

 

Related Links

– [Sui Basecamp 2024 Registration]

– [Move: Programming language with excellent security]

– [Programmable transaction block: multiple operations in a single transaction]