$SUI (Sui Network) is a next-generation public chain project based on blockchain, developed by Mysten Labs, aimed at providing a high-performance, low-latency, scalable decentralized application platform. SUI uses the Move programming language for smart contract development and introduces an 'object-centric' design concept, making asset management more flexible and efficient. Its biggest feature is the use of a 'parallel execution' mechanism, which can significantly improve transaction throughput and network efficiency. The SUI mainnet went live in May 2023, attracting a large number of developers and capital interest, and is considered one of the promising competitors in the Layer 1 blockchain space. $SUI
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