• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • Money 20/20, Amsterdam (June 6-8, 2023)
    • WFIS, Nigeria (June 6-7, 2023)
    • Crypto Expo Asia, Singapore (June 7-8, 2023)
    • BLOCK3000: Blockchain Battle, Lisbon (July 6-7, 2023)
    • NFT Show Europe, Valencia (July 14-15, 2023)
    • CyFrica, Kenya (July 18-19, 2023)
    • TOKEN2049, Singapore (September 13-14, 2023)
    • Future Banks Summit, Riyadh (September 19-20, 2023)
    • Blockchain Expo Europe, Amsterdam (September 26-27, 2023)
    • FinTech Festival Asia, Thailand (September 27-28, 2023)
    • European Blockchain Convention, Barcelona (October 24-26, 2023)
    • Future Tech Event, Oman (November, 2023)
  • Past Events
    • Event Horizon
    • Blockchain Life
    • BlockShow Europe

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies


Join us on Telegram: https://t.me/crypto_reporter
Visit Money 20/20, Amsterdam on June 6-8, 2023
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Sui Launches Mainnet

May 3, 2023 By Business Wire

GRAND CAYMAN, Cayman Islands--(BUSINESS WIRE)--The Sui Foundation announced today that Sui Mainnet is now live. Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. The Sui Foundation is the independent organization whose mission is to support the advancement of the Sui ecosystem.


Sui has many advantages over currently available blockchains. Sui’s object-centric model, based on its novel architecture, enables parallel transaction processing, sub-second finality (on average, just 480 milliseconds), and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences.

In addition to vastly improving Sui's performance and user experience, Sui's design was purposefully implemented to create a first-class developer experience. Sui Move is both expressive and composable, enabling developers to build with unprecedented ease while their code remains inherently secure. Both new and seasoned developers can ramp up quickly to writing dynamic and safe smart contracts. Since the inception of the network, an unparalleled community of innovative founders, developers, and builders have formed around Sui. The Sui Discord channel boasts one of the largest channels of web3 community members – currently sitting at 750,000 members – and growing.

As a general smart contract platform, Sui is able to power a suite of world-class applications in gaming, finance, commerce, social media, and more. Users can access all of the core infrastructure required to support true digital asset ownership and enable transaction capabilities with decentralized applications and other ecosystem participants. New projects will launch at a steady pace in the coming weeks and months.

“Today is a monumental milestone for the entire Sui community and the digital asset ecosystem as a whole. For the first time, builders and users have access to a Layer 1 blockchain that allows developers to build freely, without being inhibited by complex infrastructure, and unlocks endless possibilities for users across the world,” said Greg Siourounis, Managing Director of the Sui Foundation. “I am deeply honored to help the Foundation support developers and proliferate the advancement of technology that is truly accessible and relevant to all facets of life, safe to use, and built by developers for developers.”

Developers and users interested in learning more about Sui and joining the Sui community can visit https://sui.io and join Sui’s discord channel at https://discord.com/invite/sui.

About Sui Foundation
The Sui Foundation is an independent organization that is dedicated to the advancement and adoption of the Sui network. The Sui Foundation supports the Sui community and their projects that enable individuals and creators to have unprecedented ownership over their data and content. Learn more: https://sui.io


Contacts

Carissa Felger/Sam Cohen
Gasthalter & Co.
+1 (212) 257-4170
sui@gasthalter.com

Filed Under: News Feed

Primary Sidebar

Follow Us

Press Releases

Ethereum Classic (ETC) Price Prediction; Experts Buy Bitcoin Cash (BCH) And Collateral Network (COLT)

June 6, 2023

Best cryptocurrencies for 2023 Solana and Tradecurve

June 6, 2023

Tradecurve Expected To 100x While Binance (BNB) and Cosmos Continue To Drop

June 5, 2023

Solana Price Prediction: Cross-chain Projects Like Conflux And Collateral Network The Future

June 5, 2023

Eye-Catching Returns: TMS Network (TMSN) Makes XRP (XRP) and Tron (TRX) Seem Ordinary

June 5, 2023

Money 20/20

WFIS 2023

NFT Show Europe 2023

CyFrica 2023

Blockchain Expo Europe 2023

Fintech Festival Asia 2023

European Blockchain Convention 2023

Blockchain Expo Global 2023

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2023 Crypto Reporter