Sui Blockchain & Why It's Special

Introduction

Sui's Origination

Sui (swē) is the water element in Japanese philosophy. The power of the sui element lies in its fluidity—its ability to easily adapt to and transform any environment. Similarly, the Sui platform seeks to provide a flexible network that you can leverage to shape the web3 landscape.

What is Sui ?

Sui is a smart contract platform maintained by a permissionless set of validators that play a role similar to validators or miners in other blockchain systems.

Sui's Specialty

Sui scales horizontally with no upper bound(meaning most amount of time required ( the worst case performance)) to meet application demand while maintaining extremely low operating costs per transaction. Its system design breakthrough eliminates a critical bottleneck in existing blockchains: Which is the need to achieve global consensus on a total-ordered list of transactions. This computation is wasteful given many transactions are not contending for the same resource against other transactions.

Final Thoughts

Based on my research it seems as if the Sui blockchain was rushed due to competition from a Layer 1 Blockchain's Like Aptos that also uses the Move programming language to build smart contracts & decentralized applications. Another Concerning Issue is Sui doesn't have a primary point of focus like other project, Examples would be Solana focusing on how the can provide value to NFT projects on their blockchain or Aragon which is focused on building for DAO's.

Honestly speaking Sui has serious potential based on it's value proposition & Cutting-Edge Technology but it's too soon to give any predictions or statements as Sui just finally launched 3 weeks ago & it's Adoption is quite slow notwithstanding the fact that we are in a bear market. But With it's impressive Personnel, I can't wait to see what they have in stall for the Web3 space as there are avid builders.