SUI (SUI) ICO Presale & Project Overview

TOKEN PROJECT DESCRIPTION

Sui is a smart contract platform that utilizes a permissionless group of validators to maintain its operations. These validators perform a similar function as validators or miners in other blockchain systems.

The platform offers high scalability and low-latency, making it ideal for simple use cases. Sui has the ability to process most transactions in parallel, which optimizes processing resources and allows for increased throughput by adding more resources. Instead of relying on consensus, Sui uses simpler and lower-latency primitives for simple use cases like payment transactions and asset transfers. This is a groundbreaking approach in the blockchain world and opens up new possibilities for latency-sensitive distributed applications like gaming and retail payment at physical points of sale.

Sui is programmed using Rust and supports smart contracts written in Sui Move, a powerful asset-centric adaptation of Move designed specifically for the Sui blockchain. These smart contracts define assets that may have an owner and operations on these assets, including custom rules for their creation, transfer to new owners, and asset mutations. For more information on the differences between Sui Move and Core Move.