SUI is a blockchain protocol designed for speed and scalability, enabling innovative asset management and decentralized applications. It's gaining interest for its potential to transform various aspects of the crypto space
SUI isn’t EVM-based; it uses its own execution model designed for high throughput and parallel processing. It was launched by Mysten Labs, a team that includes ex-Facebook engineers from the Libra project
Yes, SUI supports smart contracts using the Move language. Unlike Ethereum’s sequential execution, SUI is built for parallel processing, which can lead to faster and more scalable transaction performance, making asset management and dApps more efficient.
What is SUI?
SUI is a blockchain protocol designed for speed and scalability, enabling innovative asset management and decentralized applications. It's gaining interest for its potential to transform various aspects of the crypto space
Is SUI an EVM? Who are the founders?
SUI isn’t EVM-based; it uses its own execution model designed for high throughput and parallel processing. It was launched by Mysten Labs, a team that includes ex-Facebook engineers from the Libra project
Does SUI have smart contracts? How does it differ from Ethereum?
Yes, SUI supports smart contracts using the Move language. Unlike Ethereum’s sequential execution, SUI is built for parallel processing, which can lead to faster and more scalable transaction performance, making asset management and dApps more efficient.
Does this help with scaling? Ethereum is facing a number of scaling issues?