Bitbank will list Sui (SUI) on August 14.
Information about SUI
Sui is a layer 1 blockchain specifically designed to address a range of issues related to Web3.
One of the key innovations offered by Sui is the parallel execution of transactions. Unlike other platforms that process operations in smart contracts sequentially, the Sui blockchain allows them to be executed in parallel. This approach significantly reduces transaction processing time. Simple operations do not require going through consensus, allowing them to be completed almost instantly.
The Sui network supports smart contracts using Sui Move—a programming language that is a modified version of the Move language. Move is based on the popular Rust language and is focused on fast and secure transaction execution.
SUI is the native token of the Sui blockchain. Tokens can be used for staking and paying gas fees when conducting transactions on the Sui network.
