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Showing posts from April 2, 2023

SUI BLOCKCHAIN

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  Sui Layer One Blockchain Sui is a promising layer one blockchain protocol that is designed to provide a more efficient, secure, and scalable infrastructure for decentralized applications (dApps). Launched in 2021, Sui aims to overcome some of the biggest challenges facing the blockchain industry today, such as high transaction fees, slow transaction times, and scalability issues In this article, we'll take a closer look at what makes Sui different from other layer one blockchain protocols, and explore some of the key features and benefits of the Sui network. Scalability and Speed One of the main advantages of Sui is its scalability and speed. The protocol is designed to support high throughput, meaning it can process a large number of transactions per second (TPS). Sui uses a unique consensus mechanism called Proof-of-Authority (PoA), which allows for faster and more efficient processing of transactions compared to other consensus algorithms like Proof-of-Work (PoW) or Proof-of-S