# Sns

By [Sns](https://paragraph.com/@sns-12) · 2023-01-17

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Sui is a brand-new Proof-of-Stake Layer 1 blockchain created by the Mysten Labs team. The group consists of former Meta personnel who worked on Facebook’s unsuccessful blockchain projects Diem and Libra.

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*Originally published on [Sns](https://paragraph.com/@sns-12/sns)*