The $SUI I is a next-generation blockchain developed by Mysten Labs, focused on scalability, security, and speed. Unlike traditional networks, SUI uses an innovative consensus model based on Directed Acyclic Graph (DAG), allowing for parallel transaction processing and reducing bottlenecks. Its architecture is ideal for decentralized applications (dApps) that require high throughput, such as games, DeFi, and NFTs.
The native currency, SUI, is used to pay fees, governance, and staking. With mechanisms like Move, a secure programming language, SUI prioritizes the prevention of vulnerabilities. Its ability to process thousands of transactions per second (TPS) makes it a strong competitor to Solana and Aptos.
Launched in 2023, SUI has already attracted major projects and investors, establishing itself as one of the most promising networks in the Web3 ecosystem.