The Sui ecosystem is developing rapidly recently and has spawned multiple projects covering DeFi, NFT, games and other fields. Sui's total locked value (TVL) has increased by more than 1000% in a short period of time, showing its potential in the field of decentralized finance (DeFi). In addition, Sui is constantly innovating in technology, such as introducing zkLogin and zkSend functions, which enable users to perform on-chain operations more conveniently.
One of Sui's outstanding features is its parallel transaction processing. Although other networks such as Solana and Avalanche also use similar technologies, Sui stands out by reducing the complexity of coordination between validators.
Sui has also launched Walrus, a decentralized storage network built on Sui, which uses Sui to coordinate the sale of storage space and metadata, indicating that Sui will also make a difference in the field of decentralized storage.
Looking ahead, Sui aims to enhance its already strong foundation by further optimizing its consensus mechanism and launching multiple initiatives. The Sui blog provides updates on future plans and developments. The ecosystem may expand support for zero-knowledge rollups and other layer 2 solutions, which will increase transaction scalability and further reduce costs. Sui is also focused on expanding its DeFi ecosystem to support new financial products, services, and enhanced developer tools to create innovative DApps. There are also plans to deepen partnerships with major gaming companies and explore artificial intelligence integrations for decentralized applications.
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