by Sui Foundation
Quick Fact
Sui recently reached 65.8 million transactions in a single day, showcasing its high throughput capabilities.
Sui is a Layer 1 blockchain that offers high scalability and low latency. Launched in 2023, Sui aims to provide the benefits of Web3 with the ease of Web2, making it suitable for various applications, including finance, gaming, and commerce.
Sui leverages parallel transaction execution within individual validators, allowing it to handle a high number of transactions per second (TPS).
Sui's Pilotfish technology enables validators to use multiple servers simultaneously, allowing horizontal scaling without increasing latency. This architecture is similar to centralized solutions like AWS, providing dynamic capacity increases.
The native SUI token is the lifeblood of the Sui ecosystem, serving as a medium for transactions, staking, and governance.
Sui supports the Move programming language, offering tools and resources for developers, such as SDKs in TypeScript and Rust, comprehensive documentation, and various developer support channels.