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Sui Network - Blockchain
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Sui Network

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description Sui Network Overview

Sui is a Layer 1 blockchain built on the Move programming language, designed to handle massive scale through an object-centric model. Unlike account-based models (like Ethereum), Sui treats every asset as an independent object, allowing for high levels of parallelism and predictable performance. This architecture makes it exceptionally well-suited for gaming and complex decentralized applications that require high throughput and low latency. It offers a unique developer experience focused on safety and scalability.

help Sui Network FAQ

What programming language does the Sui blockchain use?

Sui uses the Move programming language, which was originally developed at Meta (then Facebook) for the now-abandoned Diem blockchain project. Sui's implementation of Move uses an object-centric model rather than the account-based model used by Ethereum and many other chains.

Who created the Sui blockchain?

Sui was developed by Mysten Labs, a company founded by former Meta engineers who had worked on the Diem project and helped create the Move language. The team set out to build a new Layer 1 blockchain focused on high throughput and low latency.

How does Sui's object-centric model differ from Ethereum?

Unlike Ethereum's account-based model, Sui treats every asset as an independent object with its own ownership properties. This design enables parallel transaction processing, meaning independent transactions that don't touch the same objects can be confirmed simultaneously rather than sequentially.

When did the Sui mainnet launch?

The Sui mainnet launched in 2023. The project had raised significant venture capital funding prior to launch, including a major round reportedly in the hundreds of millions of dollars.

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