Cryptocurrency Q&A What chain is Sui on?

What chain is Sui on?

SamuraiCourageous SamuraiCourageous Wed May 22 2024 | 6 answers 1319
Could you please enlighten me on which blockchain Sui operates? I'm trying to understand its technological foundation and how it differs from other cryptocurrencies. Is Sui built on an existing blockchain or is it a standalone one? How does this choice affect Sui's scalability, security, and overall performance? Would you mind explaining the advantages and disadvantages of Sui's chosen blockchain platform? Thank you for your insights. What chain is Sui on?

6 answers

GinsengGlory GinsengGlory Fri May 24 2024
BTCC's spot trading service allows users to buy and sell cryptocurrencies at market prices, offering a convenient way to enter and exit the market. Additionally, its futures contracts provide investors with the opportunity to speculate on the future price movements of various cryptocurrencies.

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BitcoinWarrior BitcoinWarrior Fri May 24 2024
The Move language, a core component of Sui, enables developers to create robust and secure smart contracts. Its powerful features facilitate the building of decentralized applications that offer unprecedented functionality and reliability.

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SophieJones SophieJones Fri May 24 2024
Sui's parallel transaction execution capability sets it apart from its competitors. This feature allows for the simultaneous processing of multiple transactions, greatly enhancing the speed and efficiency of the Sui blockchain.

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EchoWave EchoWave Fri May 24 2024
As a decentralized layer 1 blockchain, Sui offers users complete sovereignty over their funds and data. This decentralization ensures that Sui remains free from centralized control and manipulation, preserving the integrity of the network.

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Margherita Margherita Fri May 24 2024
BTCC, a leading UK-based cryptocurrency exchange, offers a comprehensive suite of services tailored to the needs of crypto enthusiasts. Its platform provides access to spot trading, futures contracts, and a secure wallet solution.

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