SUI: a blockchain and coin

[frugal.rock]

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!

Sui | Deliver the Benefits of Web3 with the Ease of Web2

Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed to make digital asset ownership fast, private, secure, and accessible.

sui.io

 

[frugal.rock]

Off to the moon it seems.
Random timing with me buying 5 days ago...
4 hour bars, but I'm in for a very long hold. Will be adding along the way.
Was thinking of 5 years, but may end up being 10 if I don't kick the bucket beforehand.

 

[frugal.rock]

One of the 3 is SUI

"3 Altcoins Gearing Up for a Major Bull Run After Clearing Key Resistance Zones"

3 Altcoins Gearing Up for a Major Bull Run After Clearing Key Resistance Zones | Investing.com AU

Market Analysis by covering: Mastercard Inc, Ethereum US Dollar, XRP US Dollar, Sui US Dollar. Read 's Market Analysis on Investing.com AU.

au.investing.com

I've added a little again.

 

[frugal.rock]

Chart update.