Cryptocurrency Q&A
Which blockchain is Sui on?
Which blockchain is Sui on?
noah_smith_researcher
Wed Sep 25 2024
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7 answers
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Could you please clarify for me which blockchain SUI is built on? I'm interested in understanding the technology stack and architecture behind Sui, particularly the choice of blockchain platform it utilizes. Is Sui a layer-1 blockchain or is it built on top of an existing blockchain? Additionally, what are the advantages of Sui's chosen blockchain platform in terms of scalability, security, and performance? I'd appreciate your insights into this matter.
7 answers
Elena
Fri Sep 27 2024
This self-governance allows SUI to maintain the integrity and security of its transactions.
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BusanBeautyBlooming
Fri Sep 27 2024
BTCC, a leading cryptocurrency exchange, offers a range of services to support the trading and management of digital assets.
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Riccardo
Fri Sep 27 2024
Sui achieves this through the use of its native token, SUI, which is essential for the network's functioning.
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HanbokGlamourQueenElegance
Fri Sep 27 2024
Sui is a Layer 1 protocol blockchain, distinct from other blockchain networks in its operation.
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GwanghwamunGuardianAngel
Fri Sep 27 2024
The native token serves as a medium of exchange and incentivizes participation in the network's consensus and validation mechanisms.
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