To answer all the haters, lovers, and everything in between… why the Sui Name Service is building on Sui. But First, What is Sui? Sui is a new Proof-of-Stake Layer 1 blockchain, created by the team at Mysten Labs. The team is ex-Meta employees who worked on the Diem and Libra projects — AKA Facebook’s failed attempts at blockchains. However, unlike Libra or Diem, Mysten’s Sui is already valued at $2 Billion. Yes. Billion with a B. And you’re probably thinking why? Sui improves on other Layer ...