Sui is a layer-1 blockchain built in the Rust program which has a focus on fast and secure transactions. Sui has high throughput and is low-latency, making it suitable for GameFi and DeFi applications.More
Sui aims to differentiate itself from other blockchains using a different consensus mechanism and a new way of processing transactions. Where there is normally vertical scaling (adding more power to machines), Sui applies horizontal scaling (adding more machines), which promotes high throughput.More
Do you want to buy Sui (SUI)? You can do that on the website or in the app of Coinmerce. You can simply select SUI, pay with credit card and you’ll receive the coins shortly!More
Would you like to buy Sui (SUI)? You can buy Sui using a credit card or SEPA at Coinmerce. Once you are logged in, you will see ‘Coins’ in the top menu. When you click on this button, you come to the page with all crypto coins that Coinmerce offers. If you don't see Sui, use the search function to search for Sui and click on the name. You can indicate what amount you want to spend to buy Sui in the right window. Below is shown how much Sui tokens you get for this. If you have entered the desired amount you can click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Sui when the price of Sui reaches your entered value. You can also execute a repeating order. Do you want to buy Sui with another cryptocurrency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Sui.
Sui was founded by former engineers at Meta: Evan Cheng, Adeniyi Abiodun, Sam Blackshear, George Danezis and Kostas Chalkias. Together they founded Mysten Labs, through which they managed to raise enough money to develop Sui in December 2021. Sui is built on a different kind of architecture from traditional blockchains. To verify a transaction, nodes only look at the pieces of relevant data. They call this the 'object-centric' model, looking at objects rather than accounts. Because certain information is locked, the platform can act faster. The associated SUI token can be used for staking and paying for transactions on the network. It also acts as a governance token, thus giving you more input into the future of the project.