Cryptonite7

Key Takeaways

Sui is a layer-1 blockchain that uses an object-centric design and the Move programming language to enable secure and flexible development of decentralized applications.

User-friendly features like zkLogin and sponsored transactions simplify onboarding by removing common barriers such as seed phrases and transaction fees.

Sui uses a delegated proof-of-stake consensus mechanism with parallel transaction execution, allowing for high throughput and low, stable fees.

The native SUI coin is used for staking, governance, gas fees, and as a versatile asset across the Sui ecosystem, which now includes services like Walrus, DeepBook, and SuiNS.

Sui's scalability and developer-friendly tooling support applications across gaming, DeFi, commerce, and other industries.

Introduction

Sui is a blockchain platform designed to be fast, affordable, and open to anyone. It is a layer-1 blockchain, meaning it serves as the foundation for building decentralized applications (DApps). Sui also has a native cryptocurrency called SUI.

Created by Mysten Labs, a team led by former senior engineers and researchers from Meta's blockchain division, Sui aims to address common blockchain challenges such as slow transaction speeds, high costs, and complex user onboarding. The platform is built to serve both developers looking for powerful tools and everyday users seeking a smooth experience.

Key Features

Sui stands out from other blockchains through several technical innovations:

Object-centric design

Unlike traditional blockchains that manage accounts and balances, Sui uses an object-focused system. Every digital asset is treated as a unique object with its own properties and permissions. This approach makes it easier to build applications with complex interactions and allows assets to be composed together in flexible ways.

The object-centric model also enables parallel transaction execution: because each transaction declares which objects it touches, the network can process independent transactions simultaneously rather than sequentially. This is a key factor behind Sui's high throughput.

Programmable Transaction Blocks (PTBs)

Sui allows developers to bundle multiple actions into a single transaction block. This gives greater flexibility when building applications and simplifies the process of executing complex, multi-step operations in one atomic unit.

Horizontal scaling

Sui is built to scale horizontally, meaning it can handle more transactions as more validators join the network, without compromising security or decentralization. In testing environments, Sui has demonstrated throughput of over 297,000 transactions per second.

Move programming language

Sui uses Move, a programming language originally created by Meta's blockchain research team for the Libra (later Diem) project. Move is purpose-built for managing digital assets securely. Its resource-oriented design helps prevent common vulnerabilities found in other smart contract languages, such as reentrancy attacks and accidental asset duplication. This allows developers to create safer and more efficient applications.

User-Centric Design

Sui places a strong emphasis on making blockchain interactions accessible to everyone, not just technical users:

zkLogin

zkLogin lets users create and access wallets using their existing accounts from services like Google or Apple. It removes the need for seed phrases, which can be confusing or intimidating for newcomers, while still preserving the security and ownership benefits of blockchain technology.

Sponsored transactions

Developers can cover transaction fees on behalf of their users. This lowers the barrier to entry by letting people interact with applications without first acquiring the network's native coin, which can simplify onboarding for gaming, social, and commerce applications.

Dynamic fields

Developers can add, remove, or update custom fields on digital objects at runtime. This makes on-chain assets more adaptable and enables richer, more complex application logic that can evolve over time.

The SUI Coin

Sui's native cryptocurrency, SUI, plays several essential roles within the ecosystem:

Staking and governance

SUI uses a delegated proof-of-stake (PoS) consensus mechanism. Users can stake SUI coins with validators to support network security and earn rewards. Coin holders also participate in on-chain voting on protocol upgrades and other key decisions about the platform's future.

Gas fees

All transactions on Sui require gas fees, which are paid in SUI coins. These fees are designed to be low and predictable, making the network suitable for high-frequency use cases like gaming and microtransactions.

Storage fund

A portion of each gas fee is directed into a storage fund that covers the long-term costs of storing data on-chain. This mechanism compensates future validators for maintaining historical data and helps keep the network economically sustainable.

The total supply of SUI coins is capped at 10 billion units. SUI is actively traded on major exchanges and has consistently ranked among the top cryptocurrencies by market capitalization.

Use Cases and Applications

Sui's technology supports a wide range of practical applications across different industries:

Gaming

Sui enables developers to create in-game items that players can truly own, trade, or use across multiple games. Its fast transaction finality, low fees, and object-centric model make it well-suited for interactive gaming experiences where asset ownership and real-time responsiveness matter.

Decentralized finance (DeFi)

With low transaction fees and quick processing times, Sui is a strong fit for decentralized finance (DeFi) applications such as lending, borrowing, and trading. Sui's native liquidity layer, DeepBook, provides a shared central limit order book that protocols across the ecosystem can integrate with, helping improve market depth and efficiency.

Commerce

Businesses can use Sui to integrate digital assets into their products and services, creating interactive customer experiences and new engagement models. Sponsored transactions make it practical for brands to offer blockchain-based features without requiring customers to manage crypto wallets or gas fees.

Security and Privacy

Consensus and network security

Sui secures its network through a delegated proof-of-stake mechanism supported by two key protocols: Narwhal, which manages the mempool as a directed acyclic graph (DAG), and Bullshark, which pulls transactions from Narwhal to validate and finalize them. Some simple transactions can bypass the full consensus process entirely through a Byzantine Consistent Broadcast mechanism, achieving finality in under half a second.

Advanced cryptography

Sui incorporates modern cryptographic techniques including zero-knowledge proofs (ZKPs), which allow transactions and identity claims to be verified without revealing sensitive underlying data. zkLogin leverages ZKPs to enable users to authenticate with familiar credentials like Google or Apple accounts while keeping personal information private from the network.

Developer Ecosystem

Sui provides a growing set of resources and infrastructure to support builders:

Developer tooling

Sui offers a Developer Portal with comprehensive guides, SDKs for multiple programming languages, and command-line tools. The Sui Stack has expanded to include Walrus for decentralized data storage, DeepBook for on-chain liquidity, SuiNS for human-readable account names, Seal for data security, and Nautilus for verifiable offchain compute. These integrated services give developers a cohesive toolkit for building end-to-end applications.

Grants and funding

Sui offers financial support for projects that contribute to its ecosystem, encouraging developers to innovate and create new applications. This includes dedicated grant programs and ecosystem funds aimed at early-stage projects.

Community engagement

Developers can connect with the Sui team and other builders through forums, office hours, hackathons, and community events. The ecosystem maintains active communication channels that support collaboration and knowledge sharing.

FAQ

What is Sui (SUI)?

Sui is a layer-1 blockchain developed by Mysten Labs that uses an object-centric data model and the Move programming language. It is designed for fast transaction speeds, low fees, and user-friendly features like zkLogin and sponsored transactions. SUI is the network's native cryptocurrency, used for staking, gas fees, governance, and as a utility asset across the ecosystem.

How is Sui different from other blockchains?

Sui differs from many blockchains in several ways: its object-centric design enables parallel transaction execution rather than sequential processing; it uses the Move programming language, which is resource-oriented and designed to prevent common smart contract vulnerabilities; and it offers native user-focused features like zkLogin for simplified wallet creation and sponsored transactions that let developers cover user fees. Sui's consensus design also allows certain simple transactions to bypass full consensus, achieving sub-second finality.

What is the SUI coin used for?

The SUI coin has four primary uses: staking to secure the network and earn rewards, paying gas fees for transactions, participating in on-chain governance votes, and serving as a versatile asset across applications in Sui's ecosystem, including DeFi protocols, games, and NFT marketplaces. The total supply is capped at 10 billion SUI.

Who created Sui?

Sui was created by Mysten Labs, a company founded by former senior engineers and researchers from Meta's blockchain division. Key team members include Evan Cheng (CEO), Sam Blackshear (CTO and creator of the Move language), Adeniyi Abiodun (CPO), George Danezis (Chief Scientist), and Kostas Chalkias (Chief Cryptographer). The team brings decades of combined experience in platform development, cryptography, and programming language design.

What is zkLogin on Sui?

zkLogin is a Sui-native feature that lets users create and access blockchain wallets using their existing Google, Apple, or other OAuth credentials. It uses zero-knowledge proofs to verify identity without exposing sensitive personal data to the network, removing the need for seed phrases while preserving the security and self-custody benefits of blockchain technology.

Closing Thoughts

Sui is a blockchain platform designed to make decentralized applications faster, cheaper, and easier to use for both developers and end users. Its object-centric architecture, Move programming language, and expanding Sui Stack of integrated services position it as one of the more technically ambitious layer-1 networks. While the crypto landscape continues to evolve rapidly, Sui's focus on user experience and developer tooling has attracted a growing community of builders across gaming, DeFi, and commerce. As always, anyone exploring new blockchain platforms should conduct their own research and consider their individual circumstances before participating.

Further Reading

What Is a Crypto Wallet and How to Choose the Right One?

Blockchain Layer 1 vs. Layer 2 Scaling Solutions

What Is Proof of Stake (PoS)?

Blockchain Use Cases: Gaming

What Are Governance Tokens?


Disclaimer: This content is presented to you on an "as is" basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal, or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the content is contributed by a third-party contributor, please note that those views expressed belong to the third-party contributor, and do not necessarily reflect those of Binance Academy. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. For more information, see our Terms of Use, Risk Warning and Binance Academy Terms.

Disclaimer: Questo articolo è solo a scopo educativo. Le informazioni fornite tramite Binance non costituiscono consiglio o raccomandazione di investimento o trading. Binance non si assume alcuna responsabilità per le tue decisioni di investimento. Si prega di cercare consulenze professionali prima di assumere rischi finanziari.

Punti chiave

Il progetto Movement si basa su Ethereum per offrire transazioni più veloci, più efficienti e sicurezza avanzata attraverso il suo MoveVM e il linguaggio di programmazione Move.

Gli sviluppatori possono utilizzare i Move Rollups per creare soluzioni Layer 2 su misura per varie applicazioni come DeFi, giochi e catene di approvvigionamento.

Disclaimer: Questo articolo è solo a scopo educativo. Le informazioni fornite tramite Binance non costituiscono consiglio o raccomandazione di investimento o trading. Binance non si assume alcuna responsabilità per le tue decisioni di investimento. Si prega di cercare consulenze professionali prima di assumere rischi finanziari.

Punti chiave

Il progetto Movement si basa su Ethereum per offrire transazioni più veloci, più efficienti e sicurezza avanzata attraverso il suo MoveVM e il linguaggio di programmazione Move.

Gli sviluppatori possono utilizzare i Move Rollups per creare soluzioni Layer 2 su misura per varie applicazioni come DeFi, giochi e catene di approvvigionamento.

Key Takeaways

Sui is a layer-1 blockchain that uses an object-centric design and the Move programming language to enable secure and flexible development of decentralized applications.

User-friendly features like zkLogin and sponsored transactions simplify onboarding by removing common barriers such as seed phrases and transaction fees.

Sui uses a delegated proof-of-stake consensus mechanism with parallel transaction execution, allowing for high throughput and low, stable fees.

The native SUI coin is used for staking, governance, gas fees, and as a versatile asset across the Sui ecosystem, which now includes services like Walrus, DeepBook, and SuiNS.

Sui's scalability and developer-friendly tooling support applications across gaming, DeFi, commerce, and other industries.

Introduction

Sui is a blockchain platform designed to be fast, affordable, and open to anyone. It is a layer-1 blockchain, meaning it serves as the foundation for building decentralized applications (DApps). Sui also has a native cryptocurrency called SUI.

Created by Mysten Labs, a team led by former senior engineers and researchers from Meta's blockchain division, Sui aims to address common blockchain challenges such as slow transaction speeds, high costs, and complex user onboarding. The platform is built to serve both developers looking for powerful tools and everyday users seeking a smooth experience.

Key Features

Sui stands out from other blockchains through several technical innovations:

Object-centric design

Unlike traditional blockchains that manage accounts and balances, Sui uses an object-focused system. Every digital asset is treated as a unique object with its own properties and permissions. This approach makes it easier to build applications with complex interactions and allows assets to be composed together in flexible ways.

The object-centric model also enables parallel transaction execution: because each transaction declares which objects it touches, the network can process independent transactions simultaneously rather than sequentially. This is a key factor behind Sui's high throughput.

Programmable Transaction Blocks (PTBs)

Sui allows developers to bundle multiple actions into a single transaction block. This gives greater flexibility when building applications and simplifies the process of executing complex, multi-step operations in one atomic unit.

Horizontal scaling

Sui is built to scale horizontally, meaning it can handle more transactions as more validators join the network, without compromising security or decentralization. In testing environments, Sui has demonstrated throughput of over 297,000 transactions per second.

Move programming language

Sui uses Move, a programming language originally created by Meta's blockchain research team for the Libra (later Diem) project. Move is purpose-built for managing digital assets securely. Its resource-oriented design helps prevent common vulnerabilities found in other smart contract languages, such as reentrancy attacks and accidental asset duplication. This allows developers to create safer and more efficient applications.

User-Centric Design

Sui places a strong emphasis on making blockchain interactions accessible to everyone, not just technical users:

zkLogin

zkLogin lets users create and access wallets using their existing accounts from services like Google or Apple. It removes the need for seed phrases, which can be confusing or intimidating for newcomers, while still preserving the security and ownership benefits of blockchain technology.

Sponsored transactions

Developers can cover transaction fees on behalf of their users. This lowers the barrier to entry by letting people interact with applications without first acquiring the network's native coin, which can simplify onboarding for gaming, social, and commerce applications.

Dynamic fields

Developers can add, remove, or update custom fields on digital objects at runtime. This makes on-chain assets more adaptable and enables richer, more complex application logic that can evolve over time.

The SUI Coin

Sui's native cryptocurrency, SUI, plays several essential roles within the ecosystem:

Staking and governance

SUI uses a delegated proof-of-stake (PoS) consensus mechanism. Users can stake SUI coins with validators to support network security and earn rewards. Coin holders also participate in on-chain voting on protocol upgrades and other key decisions about the platform's future.

Gas fees

All transactions on Sui require gas fees, which are paid in SUI coins. These fees are designed to be low and predictable, making the network suitable for high-frequency use cases like gaming and microtransactions.

Storage fund

A portion of each gas fee is directed into a storage fund that covers the long-term costs of storing data on-chain. This mechanism compensates future validators for maintaining historical data and helps keep the network economically sustainable.

The total supply of SUI coins is capped at 10 billion units. SUI is actively traded on major exchanges and has consistently ranked among the top cryptocurrencies by market capitalization.

Use Cases and Applications

Sui's technology supports a wide range of practical applications across different industries:

Gaming

Sui enables developers to create in-game items that players can truly own, trade, or use across multiple games. Its fast transaction finality, low fees, and object-centric model make it well-suited for interactive gaming experiences where asset ownership and real-time responsiveness matter.

Decentralized finance (DeFi)

With low transaction fees and quick processing times, Sui is a strong fit for decentralized finance (DeFi) applications such as lending, borrowing, and trading. Sui's native liquidity layer, DeepBook, provides a shared central limit order book that protocols across the ecosystem can integrate with, helping improve market depth and efficiency.

Commerce

Businesses can use Sui to integrate digital assets into their products and services, creating interactive customer experiences and new engagement models. Sponsored transactions make it practical for brands to offer blockchain-based features without requiring customers to manage crypto wallets or gas fees.

Security and Privacy

Consensus and network security

Sui secures its network through a delegated proof-of-stake mechanism supported by two key protocols: Narwhal, which manages the mempool as a directed acyclic graph (DAG), and Bullshark, which pulls transactions from Narwhal to validate and finalize them. Some simple transactions can bypass the full consensus process entirely through a Byzantine Consistent Broadcast mechanism, achieving finality in under half a second.

Advanced cryptography

Sui incorporates modern cryptographic techniques including zero-knowledge proofs (ZKPs), which allow transactions and identity claims to be verified without revealing sensitive underlying data. zkLogin leverages ZKPs to enable users to authenticate with familiar credentials like Google or Apple accounts while keeping personal information private from the network.

Developer Ecosystem

Sui provides a growing set of resources and infrastructure to support builders:

Developer tooling

Sui offers a Developer Portal with comprehensive guides, SDKs for multiple programming languages, and command-line tools. The Sui Stack has expanded to include Walrus for decentralized data storage, DeepBook for on-chain liquidity, SuiNS for human-readable account names, Seal for data security, and Nautilus for verifiable offchain compute. These integrated services give developers a cohesive toolkit for building end-to-end applications.

Grants and funding

Sui offers financial support for projects that contribute to its ecosystem, encouraging developers to innovate and create new applications. This includes dedicated grant programs and ecosystem funds aimed at early-stage projects.

Community engagement

Developers can connect with the Sui team and other builders through forums, office hours, hackathons, and community events. The ecosystem maintains active communication channels that support collaboration and knowledge sharing.

FAQ

What is Sui (SUI)?

Sui is a layer-1 blockchain developed by Mysten Labs that uses an object-centric data model and the Move programming language. It is designed for fast transaction speeds, low fees, and user-friendly features like zkLogin and sponsored transactions. SUI is the network's native cryptocurrency, used for staking, gas fees, governance, and as a utility asset across the ecosystem.

How is Sui different from other blockchains?

Sui differs from many blockchains in several ways: its object-centric design enables parallel transaction execution rather than sequential processing; it uses the Move programming language, which is resource-oriented and designed to prevent common smart contract vulnerabilities; and it offers native user-focused features like zkLogin for simplified wallet creation and sponsored transactions that let developers cover user fees. Sui's consensus design also allows certain simple transactions to bypass full consensus, achieving sub-second finality.

What is the SUI coin used for?

The SUI coin has four primary uses: staking to secure the network and earn rewards, paying gas fees for transactions, participating in on-chain governance votes, and serving as a versatile asset across applications in Sui's ecosystem, including DeFi protocols, games, and NFT marketplaces. The total supply is capped at 10 billion SUI.

Who created Sui?

Sui was created by Mysten Labs, a company founded by former senior engineers and researchers from Meta's blockchain division. Key team members include Evan Cheng (CEO), Sam Blackshear (CTO and creator of the Move language), Adeniyi Abiodun (CPO), George Danezis (Chief Scientist), and Kostas Chalkias (Chief Cryptographer). The team brings decades of combined experience in platform development, cryptography, and programming language design.

What is zkLogin on Sui?

zkLogin is a Sui-native feature that lets users create and access blockchain wallets using their existing Google, Apple, or other OAuth credentials. It uses zero-knowledge proofs to verify identity without exposing sensitive personal data to the network, removing the need for seed phrases while preserving the security and self-custody benefits of blockchain technology.

Closing Thoughts

Sui is a blockchain platform designed to make decentralized applications faster, cheaper, and easier to use for both developers and end users. Its object-centric architecture, Move programming language, and expanding Sui Stack of integrated services position it as one of the more technically ambitious layer-1 networks. While the crypto landscape continues to evolve rapidly, Sui's focus on user experience and developer tooling has attracted a growing community of builders across gaming, DeFi, and commerce. As always, anyone exploring new blockchain platforms should conduct their own research and consider their individual circumstances before participating.

Further Reading

What Is a Crypto Wallet and How to Choose the Right One?

Blockchain Layer 1 vs. Layer 2 Scaling Solutions

What Is Proof of Stake (PoS)?

Blockchain Use Cases: Gaming

What Are Governance Tokens?


Disclaimer: This content is presented to you on an "as is" basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal, or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the content is contributed by a third-party contributor, please note that those views expressed belong to the third-party contributor, and do not necessarily reflect those of Binance Academy. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. For more information, see our Terms of Use, Risk Warning and Binance Academy Terms.

Key Takeaways

Sui is a layer-1 blockchain that uses an object-centric design and the Move programming language to enable secure and flexible development of decentralized applications.

User-friendly features like zkLogin and sponsored transactions simplify onboarding by removing common barriers such as seed phrases and transaction fees.

Sui uses a delegated proof-of-stake consensus mechanism with parallel transaction execution, allowing for high throughput and low, stable fees.

The native SUI coin is used for staking, governance, gas fees, and as a versatile asset across the Sui ecosystem, which now includes services like Walrus, DeepBook, and SuiNS.

Sui's scalability and developer-friendly tooling support applications across gaming, DeFi, commerce, and other industries.

Introduction

Sui is a blockchain platform designed to be fast, affordable, and open to anyone. It is a layer-1 blockchain, meaning it serves as the foundation for building decentralized applications (DApps). Sui also has a native cryptocurrency called SUI.

Created by Mysten Labs, a team led by former senior engineers and researchers from Meta's blockchain division, Sui aims to address common blockchain challenges such as slow transaction speeds, high costs, and complex user onboarding. The platform is built to serve both developers looking for powerful tools and everyday users seeking a smooth experience.

Key Features

Sui stands out from other blockchains through several technical innovations:

Object-centric design

Unlike traditional blockchains that manage accounts and balances, Sui uses an object-focused system. Every digital asset is treated as a unique object with its own properties and permissions. This approach makes it easier to build applications with complex interactions and allows assets to be composed together in flexible ways.

The object-centric model also enables parallel transaction execution: because each transaction declares which objects it touches, the network can process independent transactions simultaneously rather than sequentially. This is a key factor behind Sui's high throughput.

Programmable Transaction Blocks (PTBs)

Sui allows developers to bundle multiple actions into a single transaction block. This gives greater flexibility when building applications and simplifies the process of executing complex, multi-step operations in one atomic unit.

Horizontal scaling

Sui is built to scale horizontally, meaning it can handle more transactions as more validators join the network, without compromising security or decentralization. In testing environments, Sui has demonstrated throughput of over 297,000 transactions per second.

Move programming language

Sui uses Move, a programming language originally created by Meta's blockchain research team for the Libra (later Diem) project. Move is purpose-built for managing digital assets securely. Its resource-oriented design helps prevent common vulnerabilities found in other smart contract languages, such as reentrancy attacks and accidental asset duplication. This allows developers to create safer and more efficient applications.

User-Centric Design

Sui places a strong emphasis on making blockchain interactions accessible to everyone, not just technical users:

zkLogin

zkLogin lets users create and access wallets using their existing accounts from services like Google or Apple. It removes the need for seed phrases, which can be confusing or intimidating for newcomers, while still preserving the security and ownership benefits of blockchain technology.

Sponsored transactions

Developers can cover transaction fees on behalf of their users. This lowers the barrier to entry by letting people interact with applications without first acquiring the network's native coin, which can simplify onboarding for gaming, social, and commerce applications.

Dynamic fields

Developers can add, remove, or update custom fields on digital objects at runtime. This makes on-chain assets more adaptable and enables richer, more complex application logic that can evolve over time.

The SUI Coin

Sui's native cryptocurrency, SUI, plays several essential roles within the ecosystem:

Staking and governance

SUI uses a delegated proof-of-stake (PoS) consensus mechanism. Users can stake SUI coins with validators to support network security and earn rewards. Coin holders also participate in on-chain voting on protocol upgrades and other key decisions about the platform's future.

Gas fees

All transactions on Sui require gas fees, which are paid in SUI coins. These fees are designed to be low and predictable, making the network suitable for high-frequency use cases like gaming and microtransactions.

Storage fund

A portion of each gas fee is directed into a storage fund that covers the long-term costs of storing data on-chain. This mechanism compensates future validators for maintaining historical data and helps keep the network economically sustainable.

The total supply of SUI coins is capped at 10 billion units. SUI is actively traded on major exchanges and has consistently ranked among the top cryptocurrencies by market capitalization.

Use Cases and Applications

Sui's technology supports a wide range of practical applications across different industries:

Gaming

Sui enables developers to create in-game items that players can truly own, trade, or use across multiple games. Its fast transaction finality, low fees, and object-centric model make it well-suited for interactive gaming experiences where asset ownership and real-time responsiveness matter.

Decentralized finance (DeFi)

With low transaction fees and quick processing times, Sui is a strong fit for decentralized finance (DeFi) applications such as lending, borrowing, and trading. Sui's native liquidity layer, DeepBook, provides a shared central limit order book that protocols across the ecosystem can integrate with, helping improve market depth and efficiency.

Commerce

Businesses can use Sui to integrate digital assets into their products and services, creating interactive customer experiences and new engagement models. Sponsored transactions make it practical for brands to offer blockchain-based features without requiring customers to manage crypto wallets or gas fees.

Security and Privacy

Consensus and network security

Sui secures its network through a delegated proof-of-stake mechanism supported by two key protocols: Narwhal, which manages the mempool as a directed acyclic graph (DAG), and Bullshark, which pulls transactions from Narwhal to validate and finalize them. Some simple transactions can bypass the full consensus process entirely through a Byzantine Consistent Broadcast mechanism, achieving finality in under half a second.

Advanced cryptography

Sui incorporates modern cryptographic techniques including zero-knowledge proofs (ZKPs), which allow transactions and identity claims to be verified without revealing sensitive underlying data. zkLogin leverages ZKPs to enable users to authenticate with familiar credentials like Google or Apple accounts while keeping personal information private from the network.

Developer Ecosystem

Sui provides a growing set of resources and infrastructure to support builders:

Developer tooling

Sui offers a Developer Portal with comprehensive guides, SDKs for multiple programming languages, and command-line tools. The Sui Stack has expanded to include Walrus for decentralized data storage, DeepBook for on-chain liquidity, SuiNS for human-readable account names, Seal for data security, and Nautilus for verifiable offchain compute. These integrated services give developers a cohesive toolkit for building end-to-end applications.

Grants and funding

Sui offers financial support for projects that contribute to its ecosystem, encouraging developers to innovate and create new applications. This includes dedicated grant programs and ecosystem funds aimed at early-stage projects.

Community engagement

Developers can connect with the Sui team and other builders through forums, office hours, hackathons, and community events. The ecosystem maintains active communication channels that support collaboration and knowledge sharing.

FAQ

What is Sui (SUI)?

Sui is a layer-1 blockchain developed by Mysten Labs that uses an object-centric data model and the Move programming language. It is designed for fast transaction speeds, low fees, and user-friendly features like zkLogin and sponsored transactions. SUI is the network's native cryptocurrency, used for staking, gas fees, governance, and as a utility asset across the ecosystem.

How is Sui different from other blockchains?

Sui differs from many blockchains in several ways: its object-centric design enables parallel transaction execution rather than sequential processing; it uses the Move programming language, which is resource-oriented and designed to prevent common smart contract vulnerabilities; and it offers native user-focused features like zkLogin for simplified wallet creation and sponsored transactions that let developers cover user fees. Sui's consensus design also allows certain simple transactions to bypass full consensus, achieving sub-second finality.

What is the SUI coin used for?

The SUI coin has four primary uses: staking to secure the network and earn rewards, paying gas fees for transactions, participating in on-chain governance votes, and serving as a versatile asset across applications in Sui's ecosystem, including DeFi protocols, games, and NFT marketplaces. The total supply is capped at 10 billion SUI.

Who created Sui?

Sui was created by Mysten Labs, a company founded by former senior engineers and researchers from Meta's blockchain division. Key team members include Evan Cheng (CEO), Sam Blackshear (CTO and creator of the Move language), Adeniyi Abiodun (CPO), George Danezis (Chief Scientist), and Kostas Chalkias (Chief Cryptographer). The team brings decades of combined experience in platform development, cryptography, and programming language design.

What is zkLogin on Sui?

zkLogin is a Sui-native feature that lets users create and access blockchain wallets using their existing Google, Apple, or other OAuth credentials. It uses zero-knowledge proofs to verify identity without exposing sensitive personal data to the network, removing the need for seed phrases while preserving the security and self-custody benefits of blockchain technology.

Closing Thoughts

Sui is a blockchain platform designed to make decentralized applications faster, cheaper, and easier to use for both developers and end users. Its object-centric architecture, Move programming language, and expanding Sui Stack of integrated services position it as one of the more technically ambitious layer-1 networks. While the crypto landscape continues to evolve rapidly, Sui's focus on user experience and developer tooling has attracted a growing community of builders across gaming, DeFi, and commerce. As always, anyone exploring new blockchain platforms should conduct their own research and consider their individual circumstances before participating.

Further Reading

What Is a Crypto Wallet and How to Choose the Right One?

Blockchain Layer 1 vs. Layer 2 Scaling Solutions

What Is Proof of Stake (PoS)?

Blockchain Use Cases: Gaming

What Are Governance Tokens?


Disclaimer: This content is presented to you on an "as is" basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal, or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the content is contributed by a third-party contributor, please note that those views expressed belong to the third-party contributor, and do not necessarily reflect those of Binance Academy. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. For more information, see our Terms of Use, Risk Warning and Binance Academy Terms.

Punti Chiave

Questa guida copre come creare un account Binance, completare la verifica dell'identità, acquistare cripto, effettuare il tuo primo trade e mettere in sicurezza il tuo account.

Per comprare cripto su Binance, devi prima completare il processo di verifica dell'identità Know Your Customer (KYC), poi scegliere un metodo di pagamento come carta, bonifico bancario o transazione peer-to-peer.

Lo strumento Convert offre un'interfaccia semplice per i principianti, mentre l'interfaccia di trading Spot fornisce maggiore controllo sui tipi di ordine e sui prezzi.

Proteggi il tuo account utilizzando una password unica e robusta, attivando l'autenticazione a due fattori e impostando un codice anti-phishing.