Sui is a layer 1 blockchain that enables the development of decentralized applications (dApps).
In this respect, Sui belongs to the same category of blockchains as Solana (SOL), Cardano (ADA), Avalanche (AVAX) and others.
The company behind the development of Sui is Misten Labs.
The genesis of the Sui project is linked to the company Meta (formerly Facebook).
In 2019, Facebook attempted to develop its own cryptocurrency.
Initially called Libra, the crypto project became Diem before finally being abandoned.
Some of the people who worked on this project created the Misten Labs firm and then the Sui blockchain.
The main features of the Sui blockchain are:

• The Move programming language.
  Initially created for Meta’s Libra project, the Move language powers the Sui blockchain.
  It is a highly secure open source language.
• Complex technology.
  The protocol used on Sui is called Mempool Narwhal.
  It operates using a DAG (Directed Acyclic Graph).
  A DAG enables a tree structure, meaning that blocks can be processed in parallel, unlike the linear processing of a conventional blockchain.
  It is used on certain cryptos such as Fantom (FTM).
  As for the consensus algorithm on the Sui blockchain, it is specific and is called Tusk.

Sui is the blockchain’s native token.
It is mainly used to pay transaction fees.
At present, Sui’s capitalization is 1.4 billion euros, placing the SUI token in 61st place.
The TVL of the Sui blockchain is close to $600 million, ranking Sui close to the top 10 largest protocols.
See the SUI price live below.

Sui is positioned in a sector of the future.
As a layer 1, it offers an architecture conducive to the development of dApps and, more generally, Web 3.
While Ethereum is the most important blockchain for dApps, there are many other layer 1s.
In this highly competitive environment, the Sui blockchain has a lot to offer.
As a layer 1, Sui faces the blockchain trilemma.
The trilemma refers to three criteria that are difficult for blockchain developers to fully satisfy.
These criteria are scalability, security and decentralization.
Sui is based on an architecture that enables it to respond effectively to these three criteria, setting it apart from the competition.
For example, the use of DAG technology technology gives Sui excellent scalability, since blocks can be processed in parallel.
The scalability of the Sui blockchain is close to 300,000 TPS, compared with just 15 TPS for Ethereum.
Block completion time is 400 ms, compared with over a second for Ethereum.
Sui also scores big points for security and decentralization with its Move language.
Open source, it is a highly secure language that resists the reentrancy attacks that have already affected Ethereum, for example.
Last but not least, the Sui project boasts a number of key supporters.
It benefits in part from the Meta team that worked on the Libra crypto project.
Sui also boasts leading partners and investors such as Circle and Binance Labs.
Although only recently launched, Sui already boasts a rich ecosystem of dApps, with some forty projects.

A secure environment: Coinhouse is a crypto pioneer in France.
The platform has unrivalled experience, which it puts at its customers’ disposal to offer them appropriate and secure services. Smooth navigation: The platform has been designed to make it easy for users (even beginners) to find their way around.
In addition to the menu on the left, the home page features three main buttons at the top: Buy, Sell and Exchange. Any questions?
We’ll answer them in French! Coinhouse sets itself apart from most crypto exchanges by offering premium customer service.
Based in France, Coinhouse’s crypto experts are on hand to answer your questions – and in French, too! Buy Sui on a regulated platform: Since 2020, the platform has been PSAN-registered.

1. Registration: To use Coinhouse services and buy Sui, you need to open an account.
   It’s a quick and easy process, which starts with providing your email address and creating a password.
   Next, you’ll need to fill in an identity form.
2. Verification: To protect our users, Coinhouse implements a systematic identity verification process.
   To prove your identity, simply take a selfie holding your passport (or ID card) in your hand.
3. Deposit of funds: Coinhouse allows you to buy Sui directly in euros.
   It is therefore necessary to deposit funds beforehand.
   Deposits can be made by credit card or bank transfer.
4. Buying SUI: The most direct way to buy Sui is to use the euros you’ve deposited on the platform.
   Another way is to make an exchange if you own stablecoins.
   By clicking on the “Exchange” button, you can exchange USDT coins for SUI cryptos.
5. Secure storage: Once you’ve bought them, it’s important to protect them by storing them on a reliable medium.
   Coinhouse offers you its integrated, secure wallet.

Want to sell Sui cryptos?
It’s possible on Coinhouse!
Once you’ve logged in to the platform, you’ll need to click on the “Sell” button on the home page.
Next, you’ll need to enter the number of Sui coins you wish to sell, followed by your bank account details.
The transaction will take place immediately, and you will receive the funds within one to three working days.

Sui joins the TikTok network. On April 17, 2024, the Sui Foundation signed a partnership with BytePlus, the technology arm of the popular social network TikTok.
The partnership will enable BytePlus to integrate Artificial Intelligence (AI)-based algorithms and data storage technologies on the Sui blockchain. A major release of SUI tokens. On January 3, 2024, 69 million SUI tokens (equivalent to $57 million) were released, representing 0.69% of the total SUI offering.
These tokens came from a pre-sale whose vesting period had expired. A partnership between Sui and Revolut. On March 27, 2024, the Sui blockchain team announced a partnership with online bank Revolut.
With The Revolut Learning Program, users can now discover what the Sui blockchain is all about.