An Overview of SUI Blockchain: Benefits and Limitations
In the ever-evolving landscape of technology news, a term garnering significant attention is “SUI Blockchain.” This emerging layer 1 blockchain network has generated considerable buzz in the market. SUI Blockchain’s mainnet went live on May 3, 2023, marking a significant milestone in the cryptocurrency world. The creators behind SUI have roots in Meta, contributing to its credibility. The platform employs a modified version of the Move programming language, originally designed for the Meta Diem blockchain. Read on to delve into the workings of the SUI blockchain , explore its use cases, and understand its key features. What is Sui Blockchain? Mysten Labs, a company dedicated to Web3 infrastructure, introduced the SUI blockchain as its flagship innovation. Rapidly gaining traction, SUI aims to rival the Solana network as a blockchain service. Operating as a Layer-1 blockchain, SUI prioritizes expediting smart contract execution and facilitating the growth of decentralized ap...