$SUI Sui is a Layer 1 blockchain designed to offer high speed, low latency, and scalability for decentralized applications (dApps). The native cryptocurrency of this network is SUI, which is used to pay transaction fees, perform staking, and participate in network governance.
Sui is distinguished by its architecture that allows for parallel processing of transactions, resulting in higher speed and lower cost compared to other blockchains.
Sui uses a unique object model to represent digital assets, facilitating the execution of smart contracts and allowing for greater flexibility in dApp development.
It employs a modified version of the Move programming language, designed for security and efficiency in the execution of smart contracts.
It aims to serve a large number of users in the Web3 space, focusing on decentralized finance (DeFi) applications, gaming, and digital assets such as NFTs. $SUI
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