What is Sui?The Sui blockchain is a Layer 1 open-source blockchain platform that was established to provide an efficient, secure, and scalable environment for decentralized application developers. The platform operates on a permissionless model and is powered by a proof-of-stake (PoS) consensus algorithm, providing a high level of security and energy efficiency while enabling immediate settlement and high throughput. Sui aims to address the limitations of current blockchain technologies and p...