Which Network Is SUI On? The Complete Guide to Understanding the SUI Blockchain

Overview of the SUI Network

SUI is a Layer 1 standalone blockchain operating on its own independent network. Many people ask, "Which network is SUI on?" The answer: SUI does not run on any other blockchain network. It’s a purpose-built blockchain developed from scratch with a unique architecture.

Key Features of the SUI Network

Independent Layer 1 Blockchain

SUI is categorized as a Layer 1 blockchain network, meaning:

• Independent Network: SUI runs its own blockchain infrastructure without relying on other networks.
• Native Consensus Protocol: It employs an optimized proof-of-stake consensus mechanism.
• Self-Sustained Ecosystem: SUI independently develops its DeFi, NFT, and decentralized application ecosystem.

Core Technologies

SUI leverages advanced blockchain technologies:

• Move Programming Language: Purpose-built for digital asset security.
• Parallel Transaction Processing: Enables high throughput through parallel transaction execution.
• Object-Centric Model: A distinctive approach to managing on-chain data.

How SUI Differs from Other Networks

Not an EVM-Based Network

When discussing SUI’s network, it’s important to clarify:

• SUI is not part of the Ethereum ecosystem.
• It does not use the Ethereum Virtual Machine (EVM).
• SUI has its own token and smart contract standards.

Unique Ecosystem

SUI builds its own ecosystem featuring:

• Native decentralized applications (dApps).
• DeFi projects designed specifically for the SUI network.
• NFT and gaming platforms leveraging SUI’s network speed.

SUI Network Infrastructure

Validator Network

SUI operates a globally distributed validator network to:

• Validate transactions.
• Secure the network.
• Maintain decentralization.

Nodes and RPC

The SUI network is supported by:

• Full nodes storing the complete blockchain data.
• RPC endpoints for application interaction.
• Reliable and scalable infrastructure.

How to Interact with the SUI Network

Compatible Wallets

To access the SUI network, users can choose from:

• SUI Wallet: The official wallet for SUI.
• Multi-Chain Wallets: Several wallet providers support SUI.
• Browser Extensions: Dedicated browser extensions for the SUI ecosystem.

Trading Platforms

SUI is available for trading on multiple platforms:

• Global centralized exchanges.
• Decentralized exchanges within the SUI ecosystem.
• Exchange services supporting SUI.

Advantages of the SUI Network

High Scalability

SUI’s blockchain network delivers:

• Extremely high transaction throughput.
• Consistently low and stable gas fees.
• Rapid transaction finality.

Security

SUI’s network architecture prioritizes:

• User asset protection.
• Prevention of smart contract vulnerabilities.
• A more secure programming model.

DeFi Ecosystem on SUI

Key Protocols

SUI is driving DeFi ecosystem development with:

• DEX (Decentralized Exchanges): On-chain asset trading platforms.
• Lending Protocols: Lending and borrowing platforms.
• Liquid Staking: Flexible staking solutions.

Ecosystem Opportunities

Users can leverage SUI for:

• Yield farming with competitive returns.
• Staking SUI tokens to earn rewards.
• Participating in innovative new projects.

SUI Network Growth

Accelerating Adoption

The SUI network continues to grow in:

• Increasing daily transaction volume.
• Total value locked (TVL) in its DeFi ecosystem.
• The number of projects launching on SUI.

Development Roadmap

SUI’s roadmap includes new features such as:

• Scaling network capacity.
• Cross-chain protocol integration.
• Expanding gaming and NFT ecosystems.

Conclusion

Which network is SUI on? SUI is an independent Layer 1 blockchain with its own network. Unlike tokens built on other blockchains, SUI offers proprietary infrastructure, consensus protocol, and ecosystem. The network delivers high scalability, strong security, and a rapidly evolving ecosystem, making it an appealing choice for developers and users seeking a fast and efficient blockchain solution.

Recognizing SUI as an independent Layer 1 blockchain helps users better evaluate its potential and unique position in the competitive cryptocurrency space.

FAQ

What network does SUI use?

SUI is a Layer 1 blockchain developed by Mysten Labs. It’s designed for high scalability, low latency, and high throughput in the web3 ecosystem.

Who developed SUI?

SUI is a Layer 1 blockchain built by a team of former Facebook engineers. The project launched in 2021 with a protocol focused on scalable and efficient transactions.

Who created the SUI coin?

The SUI coin was created by Mysten Labs, a team of experienced developers previously involved in the Diem project. Mysten Labs is the primary developer of the SUI blockchain.