Sui is a new and strong layer-1 blockchain platform, especially designed for global use. The purpose of SUI is to make blockchain technology more safe, fast and scalable, so that more and more people can take advantage of it. SUI is trying to change the Web3 world with its new technical design and features.
Characteristics of sui
Due to these characteristics, Sui Blockchain is considered the ideal combination of high performance, scalability and security, which makes it a strong and leading platform in the field of blockchain technology. What is sui (sui) To know more about you can go to this link given.
Object-centric data model: The most special thing about SUI is its object-centric data model. It is designed as different objects, which has its own special place and function. The advantage of this model is that many transactions can run together without any hindrance.
Speed and Stability: Blockchain transactions in SUI can be processed very fast and the transaction fees are also stable. This platform uses Horizontal Scaling, allowing it to process a large number of transactions in a parallel manner. This not only brings fast, but it also gives the platform developers the best tools and capabilities so that they can create new and innovative web3 applications.
Horizental scaling: The Horizantle Scaling model of Sui also makes it special. Through this technology, platforms are able to process a large number of transactions in the same way. This increases the processing speed and does not cause any pressure on the network. As a result, transactions on the platform are resolved without any delay and the transaction fees are also stable.
Better Developer Tools and Capability: Sui platform provides best tools and capabilities to developers, which help them to create new and innovative solutions for web3 applications. This provides the developers the necessary resources to make their applications better, faster and more scalable.
Why is sui unique
Object-centric design: Each asset of SUI acts as an object. This helps developers to create a customized object for their application. Not only this, these objects can work well with each other in the network, which increases composibility.
Parallel Transaction Processing: In SUI, transactions are processed parallel (parallel), causing no interruption inside the system. Due to this, transactions can be resolved quickly and without any delay.
Better User Experience: SUI has introduced several features for web3 users such as Zklogin and sponsored transactions, which protects users from the mess of wallet setup and transaction fees. Through the Zklogin, users can create a Sui account with easy web logins such as their Google account, while sponsored transactions make the transactions transactions lighter.
Exit Programming Language: The SuI platform works on Exit Programming Language, which is designed to write smart contracts exclusively on blockchain. EXIT has inbuilt security measures that protect developers from Common Security Flaw.
Sui tokens (SUI) and its use
The basic token of Sui Platfrom is SUI, whose total supply is limited to 10 billion tokens. The main use of SUI tokens is for the following functions:
-
Gas fees: Sui tokens are used as a transaction charges for transactions.
-
Stating: SUI tokens can be contributed to the safety of the network by steck and rewards can be obtained.
-
Governance: In future, you can participate in the governance of Sui token holders and vote on important decisions.
-
Interaction between users and applications: Sui Token can be used in various applications, such as dexyed exchange (DEX), lending and borrowing applications, games etc.
Where to buy Sui?
SUI tokens can be purchased on many major crypto exchanges, such as:
-
Binance
-
Coinbase
-
Kucoin
-
Bybit
-
Kraken
-
Bitfinex
If you want to buy sui cryptocurrency, then you Sui value You can get information about the link given about.
What is suins
Suins is a name service platform, which establishes identity on Sui Community. Just as you use domain names for the website on the Internet, you can make a name like alice.sui on suins. This name is associated with your Sui account, making transactions very easy and faster. Now you will not have to remember a long and complex account address.
The name suins is in the form of an NFT and is kept safe in your wallet. This means that you get ownership rights and all benefits of these names. In addition, suins also gives users the option to add avatar, which also occur in the form of an NFT. These avatars are associated with your name and give you a chance to customize your identity.
SUINS also has the facility to create IPFS websites, so that you can create from simple website to hard, dynamic sites under your name. In this way, Suins offers not only the identity but also a great way to create a complete digital appearance.
Conclusion
SuI is a powerful and scalable blockchain platform that provides the developers the ability to create web3 applications easily and safely. Its unique architecture, fast transaction processing and improvated user experience make it different from other blockchain platforms. The strong team of SUI and the technical capabilities near it can make it an important part of Crypto and Web3 Territory in the future.
Also read:Neway Crypto, a truth or fraud? Must go