Sui by Mysten Labs

What is SUI ?

Sui is a decentralized smart contract platform without access rights, focused on low-latency asset management. It uses the Move programming language to define assets as objects that an address can own.

Sui is the first permissionless Layer 1 blockchain, designed from the ground up to enable creators and developers to create capabilities that serve the next billion users in web3.

Sui offers scalability and unprecedented low-latency for common use cases. Sui makes the vast majority of transactions processable in parallel, which makes better use of processing resources, and offers the option to increase throughput with more resources.

Sui forgoes consensus to instead use simpler and lower-latency primitives for common use cases, such as payment transactions and asset transfers. This is unprecedented in the blockchain world and enables a number of new latency-sensitive distributed applications.

Sui is written in Rust and supports smart contracts written in the MoveLang programming language to define assets that may have an owner. Move programs define operations on these assets including custom rules for their creation, the transfer of these assets to new owners.

Sui has a native token called SUI, with a fixed supply. The SUI token is used to pay for gas, and is also used as delegated stake on authorities within an epoch.
Sui is backed by a number of state-of-the-art peer-reviewed works and years of open source development.

Learn more you can here:
https://github.com/MystenLabs/sui
To jump right into building smart contract applications on top of Sui, start at the Move Smart Contract Quick Start.
To experiment with the Sui CLI client, check out Sui CLI client Quick Start.
To understand what’s possible by browsing MoveLang code built on top of Sui, review the examples.

Learn more about Sui Global:
https://SuiGlobal.com/
https://twitter.com/SuiGlobal