$SUI Sui is a high-performance Layer 1 blockchain developed by M ysten Labs, designed for scalability, speed, and low latency. It uses the Move programming language and introduces a novel object-centric data model that enables parallel transaction execution, significantly increasing throughput. Sui eliminates the need for consensus on simple transactions, which helps achieve sub-second finality for many operations. Its architecture supports a wide range of decentralized applications (dApps), particularly in gaming, DeFi, and NFTs. With strong backing from major investors and a developer-friendly environment, Sui aims to provide a seamless user experience while addressing key limitations of traditional blockchains.
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