Sui is a high-speed, scalable blockchain designed to support decentralized applications with advanced features like parallel transaction processing and an object-based data model.
Assets you can buy on
Sui
chain
Sui is a layer-1 blockchain designed to address the scalability and speed limitations of traditional blockchain networks. By utilizing a unique object-based data model, Sui processes transactions in parallel, enabling high throughput and low latency. This design is particularly suited for applications like gaming and NFTs, which require fast and efficient interactions.
The network employs a delegated proof-of-stake (dPoS) mechanism to secure the system while rewarding validators and delegators. With Sui's innovative architecture, developers can create highly performant decentralized applications and unlock new possibilities with blockchain technology.
With Kado, you can buy $SUI on the Sui Network.
SUI is used for transaction fees, staking to secure the network, and on-chain governance. It incentivizes developers, supports decentralized applications, and powers the blockchain’s ecosystem. The token’s multifunctionality makes it essential to Sui Network’s operations and growth.
Sui and Solana are both scalable blockchains with low fees, but Sui uses parallel execution and Narwhal and Tusk consensus, while Solana relies on Proof-of-History (PoH). Sui's object-based architecture simplifies development, whereas Solana's monolithic design supports its established ecosystem. Both excel in speed and efficiency but cater to different development approaches.
Sui separates simple and complex transactions, enabling parallel processing for faster execution while maintaining security and accuracy.