The Sui blockchain looks promising and has its own set of notable features. So what is SUI blockchain and what language is SUI based on? If you wanted to know more about SUI, let’s find out by reading this article.
What is SUI blockchain?
Sui is the world's first permissionless Layer 1 blockchain designed from the ground up. They are a decentralized proof-of-stake blockchain with horizontally scalable throughput and storage. Former members of the Meta team co-founded Mysten Labs, the company behind Sui. They are also building Move, an open-source smart contract programming language.
However, Sui is not a derivative or add-on to the Diem Network. Rather, it is a functional step forward in blockchain technology, designed to allow creators and developers to build experiences for web3 users.
How can users participate in Sui?
There will be 3 types of participants: users, token holders and validators.
- Users will be responsible for submitting transactions to the platform to create, change and transfer digital assets or interact with more complex applications.
- Token holders can choose to delegate their tokens to validators and participate in their proof-of-work mechanism. SUI token holders also have the right to participate in the governance of Sui and determine the future development direction of the project.
- Validators manage the processing and execution of transactions on the Sui platform.
What language is Sui based on?
The Sui blockchain is written in the Rust-based Move programming language. Move is a bytecode language that enables the development of customizable transaction logic and smart contracts. It is considered platform-agnostic, enabling shared libraries and tools, as well as forming developer communities across various blockchain platforms.
The core philosophy of Move is to bring greater security and safety and facilitate an easy transition from Web2 to Web3. It is also considered excellent at addressing issues related to poisoned tokens, reentrancy bugs, and deceptive token approvals.
In addition to this, Move's type system and data model supports Sui's parallel protocol, which in turn makes the blockchain highly scalable. So, as of March 19, 2022, an unoptimized simplex Sui validator running on an 8-core M1 Macbook Pro is said to be able to execute and submit 120,000 Token Transfer Transactions (TPS) per second.
I hope now you will now know about the newest blockchain SUI, what is SUI blockchain and what language is SUI based on. The Sui blockchain looks quite promising, and its technical features, development approach, and aspirations seem to be a hit with many blockchain evangelists.
