💎 SUI

SUI is a layer-one blockchain that focuses on scalability and fast performance, making it an attractive platform for decentralized applications (dApps), especially those that require fast transactions such as gaming, finance, and social media platforms

🔹 High processing capacity:

• SUI can process up to 300,000 transactions per second, making it one of the fastest blockchains.

🔹• SUI uses a Proof-of-Stake (PoS) mechanism with the Narwhal and Tusk algorithm, which separates data availability from consensus, enhancing scalability.

🔹• SUI uses the Move programming language, which focuses on security and resource control, making it easier for developers to create secure and efficient applications

🔹 Funding and support:

• The Mysten Labs team behind SUI secured $300 million in Series B funding, bringing the company’s valuation to over $2 billion.