Early Access feature
Sui support is currently in Early Access due to a limitation around AML and transaction freezing capabilities, which we plan to address soon. Fireblocks Support will enable Sui in your workspace after you acknowledge your understanding of this limitation. For more information, contact your Customer Success Manager.
Overview
Sui is a Layer 1 blockchain developed by Mysten Labs. It is designed to offer high throughput, low latency, and horizontal scalability through its use of the Move programming language and an object-centric data model. Sui supports parallel transaction execution and is optimized for applications such as gaming, finance, and other high-performance decentralized applications (dApps).
Sui's distinctive architecture sets it apart from other blockchains in these ways:
- Object-Centric Data Model: Unlike many blockchains that operate on an "account-based" model, Sui focuses on "objects." Every asset on Sui (whether it's a token, an NFT, or a piece of data) is an independent, programmable object. This allows for direct ownership and enables parallel processing of transactions.
- Parallel Transaction Execution: Sui can process many independent transactions simultaneously, rather than sequentially. For transactions involving distinct objects, Sui bypasses traditional consensus mechanisms, achieving near-instant finality. This dramatically boosts throughput and reduces latency, making it suitable for applications requiring real-time interactions.
- Horizontal Scalability: Sui's design allows it to scale horizontally. As demand for the network grows, more validators can be added, increasing processing capacity without compromising performance.
You can learn more about Sui, its architecture, and its use cases here.