1. #SUI is a smart contract platform: - Maintained by a permissionless set of validators - Offers scalability and unprecedented low-latency for simple use cases.

2. Sui tokens and validators: - Sui has a native token called SUI, with a fixed supply - Users can stake their SUI tokens with validators in a Delegated Proof-of-Stake model within an epoch.

3. Transactions: - A transaction in Sui is a change to the blockchain - More complex transactions go through the Narwhal and Bullshark DAG-based #mempool and efficient Byzantine Fault Tolerant (BFT) consensus.

4. Parallel agreement - a breakthrough in system design: - Sui scales horizontally with no upper bound to meet application demand while maintaining extremely low operating costs per transaction - Sui takes a significant leap in scalability by enabling parallel agreement on causally independent transactions.

5. Unmatched scalability, instant settlement: - Sui scales horizontally to meet the demands of applications - Network capacity grows in proportion to the increase in Sui validators' processing power by adding workers.

6. A safe smart contract language accessible to mainstream developers: - Sui Move smart contracts power Sui applications - Sui Move's design prevents issues such as reentrancy vulnerabilities, poison tokens, and spoofed token approvals.

7. Ability to define rich and composable on-chain assets: - Sui’s scalability is not limited to transaction processing - Storage is also low-cost and horizontally scalable.

8. Better user experience for web3 apps: - Sui aims to make Sui the most accessible smart contract platform - Empowering developers to create great user experiences in web3.

#crypto2023 #SUI $SUI