What is SUI? Beginner’s guide how to get free airdrop in SUI

🎁 Airdrop Link ➡️ https://event.coinbpad.top/sui/?partner=meret923kunem
🕰️ Don’t miss out, this offer is limited time⏱

✅ Sui is an L1 blockchain build with Move smart contract language. Its goal is to be super fast and super secure.

#sui #cryptoairdrop #crypto

Note: I’m not a financial adviser and these videos are just for entertainment & educational purposes only and should not be taken as professional investment advice. Knightron Crypto and its video creators shall not be held liable for any loss, so before you invest do your research and your responsible for your own financial loss.

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Many investors are watching and focusing on the crypto and web 3 space looking for the next hot Trend that will kickart the next wave of hype that will send us into an exponential bull market it is a known fact that anytime there’s a crypto Bull Run there’s always new technology

Innovations that come into the scene that captures a lot of attention for example in the last bull market we saw the likes of binance small chain Avalanche polygon mic and Solana building a strong ecosystem on boing new amazing projects like pancake swab steppen Etc despite being in a bare

Market developers in the crypto space are still building and developing blockchains and apps with real world use cases another promising blockchain built on the Move programming language variant is set to launch its mainnet and token just like Aptos very soon I promise to share my thoughts on sui blockchain so

What is sui sui is the first permissionless layer one blockchain completely designed from the ground up they are a decentralized proof of stake blockchain with horizontally scalable throughput and storage think of it like the difference between how a CPU and a GPU operates sui is looking to become

The GPU of blockchain technology so who is creating this ex-members of the meta team came together to form M and Labs the company behind sui they’re also building move which is an open-source smart contract programming language however sui is not a derivative or an add-on of the deam network instead it is

Real new advancements in blockchain technology that is designed to allow creators and developers to build experiences for web 3 users what are Su is main features and what are they doing different from other blockchains number one feature is su’s ability to scale horizontally without any upper bounds this Ena them to meet application

Demands while maintaining extremely low operating costs making transaction fees low to the point of almost nothing secondly the design of sui is groundbreaking in that it eliminates a critical bottleneck in existing blockchains in traditional blockchains independent transactions are pushed into sequential blocks which creates wasteful computational power Su Innovation is

That they will organize data into independent objects meaning that transactions can be executed in parallel another amazing feature to also note is that the network is capable of scaling throughput horizontally it enables parallel agreement on Independent transactions they achieve this through bisontine consistent broadcast which basically eliminates the overhead of the

Global consensus Network that we are using today for example for Bitcoin ethereum and so on now this is groundbreaking because all of this is being added without sacrificing safety which is one of the most important parts here of blockchain so unique features mean that there will be unmatched scalability and instant settlements of

Transactions the platform can scale horizontally to meet the increasing demand of applications and su’s authorities can add workers to increase processing power in order to meet the growing network capacity the result of this would be lower gas fees even when Network traffic is high and thus a better user experience for web 3

Applications that is being built on sui now who are the investors of sui just like Aptos sui has so far raised $330 million in series A and B funding these funding rounds were led by a16 said red Point light speed coinbase Ventures Electric Capital Samsung next slow Ventures standard crypto binance

Lab among others I I wanted to mention as many of them as possible without going too crazy because it’s really good to know who are investing in this projects now onto the tokenomics of sui the sui token is the native asset of the sui blockchain with a total Supply

Capped at 10 billion a portion of the Su total Supply will be released at the mainnet launch of the platform and the remaining of the tokens will be vested over the coming years or distributed as future staking rewards the suie token will have four main purposes staking gas

Fees as an underlying asset of the economy and lastly for governance there are rumors and reports that there would be a Suey token pre-sale which retail investors like you and me would be able to participate in this would be great because this would give us early access

To the Token at a price closer to that of the seed round investors also there are rumors of a possible airdrop on their Discord for being early part of the community that sums it up for zoie thank you all for watching subscribing so you don’t miss future crypto projects

That I will cover until next time