SUI

Sui (SUI) is a high-performance Layer 1 blockchain designed for scalability, low latency, and efficient decentralized application (dApp) development.

Built on the Move programming language, Sui leverages a unique consensus mechanism called Narwhal and Tusk, which separates transaction ordering from consensus, enabling fast and parallel transaction processing.

The SUI token is used for transaction fees, staking, and governance, empowering users to participate in securing the network and making key decisions.

With its focus on scalability, simplicity, and developer-friendliness, Sui aims to enhance user experiences and drive the adoption of decentralized applications across various industries, including gaming, finance, and NFTs.

See project homepage: sui.io where "Sui delivers the benefits of Web3 with the ease of Web2"