Crypto for Advisors: Breaking down the Sui blockchain
Sui is a Layer-1 blockchain launched in 2023 by Mysten Labs, utilizing a unique object-based architecture and parallel transaction execution to support high throughput and scalability for consumer-focused Web3 applications. It is designed to enhance user experience with features like zero-knowledge logins and a full-stack infrastructure, aiming to bridge Web2 usability with Web3 ownership. The SUI token has a fixed supply of 10 billion, with staking rewards drawn from pre-allocated tokens and a gradual release schedule to minimize market pressure.
- ▪Sui is a delegated proof-of-stake (DPoS) Layer-1 blockchain built using the Move programming language and launched in 2023 by Mysten Labs.
- ▪Its object-based data model enables parallel transaction execution, improving scalability and reducing reliance on rollups.
- ▪Sui distinguishes between owned and shared objects to optimize consensus efficiency and reduce network bottlenecks.
- ▪The network supports a full-stack Web3 environment with components like Walrus for decentralized storage and Nautilus for confidential compute.
- ▪The SUI token has a maximum supply of 10 billion, with no ongoing inflation and staking rewards funded from a pre-allocated supply.
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CoinDesk IndicesShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailCrypto for Advisors: Breaking down the Sui blockchainSui is a differentiated Layer-1 blockchain, combining novel object-based architecture and parallel execution for high throughput. It's optimized for consumer Web3 apps.By Josh Olszewicz|Edited by Sarah Morton Apr 30, 2026, 3:00 p.m. 4 min readMake preferred on (Getty Images/ Unsplash+)What to know: You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors.
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