SUI a blockchain and coin
Intro to SUI
What blockchain is Sui on?
Layer 1 protocol blockchain.
Sui is defined as a Layer 1 protocol blockchain. In basic terms, this means that Sui performs its own consensus and validation for transaction blocks (activity) on its networks using its own native token (SUI, in this case).
Ethereum (ETH) and Bitcoin (BTC) are other examples of Layer 1 blockchains.
I think this might knock Solana and Ethereum based off transaction per second capability.
I’m in for 1 bit. Up 37% ATM.
Chart in USD value.
More info if you understand any of it. Talk of Narwhals and tusks and epochs etc makes me glaze over, good bedtime reading!
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