Components of Sui Blockchain

Sui uses the Move programming language which gives:

Sui only checks the pieces of data instead of examining the complete chain. It works on the object-centric model. The data isn’t centered around accounts but around objects. The transactions are managed individually. The Sui consensus engine is divided into two types, Bullshark which manages order involving shared objects and Narwhal which manages data.

What are these objects on Sui? These are smart contracts that are created via programming. These objects have a global unique ID and are owned by a single address. Objects are divided into two types

Sui has better on-chain data handling seamless. The development team has designed it so that anyone can use the on-chain storage and pay for it as per the usage.

Transferring the ownership of assets becomes easy as the owned assets belong to a single address the transactions of the owned digital assets is independent. If there is shared ownership.

Here are some of the challenges Sui comes with that the network will overcome with time.

The TPS is extremely slow as compared to other popular networks and thus requires more testing and upgradation.

E-commerce companies can opt for blockchain-based loyalty programs. Currently, Sui is working on deploying airdrops that reach the millions through low-cost transactions.

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