Layer 1 blockchain designed to make digital asset ownership fast, private, secure, and accessible to everyone. Twitter: @SuiNetwork | Website: https://sui.io
How the SuiNS Token Distribution Supports Community Governance
The distribution plan for the upcoming launch of the NS token is a key component of SuiNS' decentralization journey. An equitable distribution requires transparency to ensure community participation and trust.
Distribution and utility of the NS token puts the platform's governance in the hands of the people who will use it. At launch, the SuiNS Foundation will retain the majority of tokens in a manner that supports community governance. Other token distributions go directly to the community, r
The Samurai Shodown saga gets a new chapter with the latest version of the gaming title being developed for Sui and the SuiPlay0X1 mobile gaming device by SNK and Lumiwave. Samurai Shodown R takes the franchise into the Web3 era, leveraging Sui's dynamic and ownable assets to give players a greatly enhanced experience.
The original game came out in 1993, launching in arcades and helping to debut a generation of consoles, including Neo Geo, Game Boy, and Playstation. Samurai Shodown R will inclu
Ika Gives Sui Builders Control Over Other Blockchains
Ika, an infrastructure protocol formerly known as dWallet Network, is an MPC network that lets Sui smart contracts control and coordinate assets on other blockchains. The technology offers the potential for DeFi super apps built on Sui that manage liquidity across multiple chains.
At the heart of Ika's technology is its 2PC-MPC cryptographic scheme, which creates secure interactions across chains. Together with Sui’s Mysticeti, 2PC-MPC allows Ika to be the first MPC network to enable massive sc
Sweet, a creator of gamified digital collection experiences, brings Major League Soccer (MLS) to Sui. The company and its sports franchise partner is launching MLS QUEST, an online experience where fans collect Key Play of the Game Medallions, digital assets featuring officially licensed broadcast footage from the MLS and MLS Players Association. Fans can trade, sell, gift, and use their medallions to complete real match quests, level up, and unlock exciting rewards.
The Sui Foundation is launching an updated Request for Proposals (RfP) program, with changes that offer greater opportunities for builders to leave their mark on Sui. Major updates involve the cadence of the RfPs, addressing both long- and short-term projects.
This updated RfP process will drive impactful development and community collaboration by directly funding projects that more closely align with the needs of Sui’s ecosystem.
The RfP program plays a pivotal role in providing the tools nee
Today, DeepBook version 3 officially launched on Mainnet alongside the DEEP token, marking a major milestone in its evolution. With this upgrade, users and market makers now benefit from finely tuned incentives that sets the stage for greater decentralization through community-driven governance.
DeepBook’s version 3 reduces transaction costs and introduces dynamic fees, flash loans, and shared liquidity across pools. Along with new tools for interfacing with DeepBook, this update creates opport
DeFi during Q3 of 2024 benefited from a number of foundational developments on Sui, improving liquidity and network performance. Mysticeti, the new consensus engine, began rolling out on the network, significantly reducing latency and allowing transactions to finalize very quickly. Sui Bridge, a new native bridge, underwent testing with transactions between Sui Testnet and Ethereum Sepolia Testnet. DeepBook, Sui's native liquidity layer, prepared for deployment of its version 3 and the DEEP toke
On Monday, October 14, both DeepBook version 3 and the DEEP token will launch on Sui. These two announcements mark a major development in liquidity within the Sui ecosystem while introducing fundamental decentralization and governance.
Following months of development, DeepBook version 3, a secure and fully onchain central limit order book (CLOB) built on Sui, will be deployed to Sui Mainnet, accompanied by the decentralization of the protocol through its native DEEP token.
Today marks a major milestone for the Sui ecosystem—native USDC is now live on Sui Mainnet. As one of the most widely used stablecoins, USDC brings stable value transfer and liquidity to the growing Sui ecosystem.
With Sui’s DeFi TVL surging past $1 billion, the time is ripe for more stablecoin liquidity on the network. USDC’s arrival paves the way for further growth as Sui continues to shape the future of a decentralized internet.
Additionally, Cross-Chain Transfer Protocol (CCTP) will be ava
The methods surrounding the storage of data onchain are often overlooked by many, often because the mechanisms used are conventional and commonplace. This is unfortunate as data storage in a decentralized network plays a critical role in ensuring data integrity and long-term accessibility. Onchain storage with Sui differs from other blockchains.
Sui’s storage fund is a core mechanism designed to address the challenges of storing data indefinitely onchain. By collecting a storage fee with trans
Go go gadget Sui! That's right, beloved cartoon character Inspector Gadget is coming to Sui, in a new, playable form, thanks to Gamisodes. Through its unique technology, Gamisodes is remastering Inspector Gadget into interactive episodes and bringing the series to life on Sui.
Gamisodes' platform hosts truly interactive Inspector Gadget episodes, where players not only enjoy watching the inspector, his niece Penny, and their dog Brain, but also help them defeat the schemes of Dr. Claw by activi
The wait is over! Sui Bridge is now live on Mainnet.
Sui Bridge is a native solution for moving assets to and from external ecosystems, such as Ethereum. As Web3 expands and matures, it is important to break down the barriers between prominent ecosystems, allowing assets and data to move freely.
In Web3, interoperability is key to unlocking synergy between different assets, apps, and networks. Sui offers powerful interoperability solutions within its own ecosystem, thanks to its unique object
More than cryptography and consensus algorithms, blockchain technology relies on a data model that dictates how information is structured, validated, and stored. The data model defines the way accounts are managed, how state transitions occur, and ultimately how users and developers interact with the system.
Throughout the brief history of blockchain technology, data models have evolved from one chain to the next. The continuing refinement of data models allows more sophisticated and practical
Sui Name Service (SuiNS) is not just decentralizing, it’s ensuring that those who are actively involved are rewarded. The goal of the transition to a decentralized governance model is to ensure that control of the protocol’s major decisions are in the hands of the community. The NS token plays a crucial role, allowing users to directly shape the platform’s future through governance.
While the ability to govern is important, it alone cannot sustain the level of activity required for a protocol t
Five Unforgettable Announcements From Sui Builder House: Singapore
Sui Builder House: Singapore just wrapped up, and the community showed up big time! The event was buzzing with exciting announcements, fun-filled activities, and endless conversations among community members and key industry leaders.
In just one day, more than 600 people from across various communities and industries gathered in Singapore, all on the hunt for alpha. Big announcements from Circle, Decrypt, DeLorean Labs, and One Championship took center stage and turned heads. But it wasn’t jus
Native USDC and Cross-Chain Transfer Protocol Are Coming to Sui
As a testament to Sui's DeFi strength, native USDC will launch on the network soon. USDC has become one of the fastest growing, regulated, fully reserved digital dollars.
USDC is issued by Circle, a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments. As of September 17, USDC now stands at more than $35 billion and has supported about $1.4 trillion in transactions over the past year. Today, Circle'
3DOS, a manufacturing innovator, announced it will integrate its expansive 3D printing network with Sui. This integration enables users, 3D printers, and manufacturers to connect across a global, accessible, decentralized network.
Unlocking the full power of decentralized 3D printing depends on precise, real-time coordination. Acting as the universal coordination layer, Sui synchronizes users, 3D printers, and manufacturers into an efficient, unified network. By orchestrating these interaction
Streamlining Transactions With Sui’s Shared Object Congestion Control
At the heart of a high-throughput blockchain is its ability to handle numerous transactions swiftly and securely. However, when transactions in Sui involve writing to the same shared object, they must be executed sequentially. This can translate to longer checkpoint times which may reduce state synchronization efficiency.
The first goal of shared object congestion control is to improve efficiency in checkpoint execution. By controlling the number of transactions touching a congested, or hot, sh
Over the next decade, estimates peg the number of internet-enabled devices to grow to nearly 40 billion. Whether it’s tracking the movement of ride-sharing vehicles, improving food traceability, monitoring manufacturing facilities, or securing someone’s home, the Internet of Things (IoT) is now a critical technology for businesses and consumers alike.
But as the number of devices increases, so does their incompatibility. Silos exist between IoT devices from different manufacturers, forcing use
Coined by Ethereum co-founder Vitalik Buterin, a Soulbound token (SBT) is an NFT designed to be permanent and non-transferable. Unlike typical NFTs, which can be freely traded, SBTs remain bound to their original account, much like how skills or accomplishments in a game are tied to an individual user or account and cannot be transferred or traded. SBTs are useful in representing a person's identity, credentials, or achievements in the digital world.