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$SUI Let's learn more

1. Who created it?
SUI was created by a company called Mysten Labs, whose founding team includes many members who came from Meta (formerly Facebook) and previously participated in Meta's blockchain project Diem (formerly Libra) and has a strong technical foundation.

2. Why is it called SUI?
The name is inspired by the Japanese word for "water," symbolizing its aim to make blockchain transactions as smooth and fast as water, and to flexibly adapt to various needs.

3. What are the main features?
SUI focuses on high performance, using the Move programming language (also brought over from the Diem project), and is particularly good at processing transactions in parallel, claiming to be much faster than many older blockchains, with low transaction fees.

4. When was it launched?
The SUI mainnet officially launched in May 2023, and the coin began circulating at the same time.

5. What is its purpose?
SUI coins are used to pay network fees, participate in staking to maintain network security, and have governance voting rights, serving as the "fuel" for its entire ecosystem.

SUI is a new public chain created by a group of seasoned Meta blockchain team members, aiming to solve blockchain congestion issues with faster and cheaper technology, officially launched in 2023, with the coin being the core tool in the ecosystem. $SUI
{future}(SUIUSDT)