Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»TRADING NEWS»More than 1,000 builders, partners, investors and enthusiasts gathered at the first global event to celebrate Sui.
TRADING NEWS

More than 1,000 builders, partners, investors and enthusiasts gathered at the first global event to celebrate Sui.

By Crypto FlexsApril 18, 20244 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
More than 1,000 builders, partners, investors and enthusiasts gathered at the first global event to celebrate Sui.
Share
Facebook Twitter LinkedIn Pinterest Email

Grand Cayman, Cayman Islands, April 18, 2024, Chainwire

The annual event is the culmination of Sui’s unconventional debut.

More than 1,000 projects, partners, investors and enthusiasts from 65 countries around the world gathered in Paris last week to celebrate Sui at Layer 1’s proudly first global Sui Basecamp conference.

At the first annual event held during Paris Blockchain Week, Sui was welcomed by developers and builders from around the world during the two-day event. Speakers at Sui Basecamp covered all aspects of the industry, from payments to gaming, e-commerce, and major league sports, providing commentary in keynotes, panels, and fireside chats.

The event concluded with three key announcements: In collaboration with Playtron, the Sui team announced: SuiPlay0x1 is the world’s first lightweight portable gaming device with native Web3 functionality and promised new gaming experiences. First Digital Labs also joined the announcement that FDUSD, the fastest-growing stablecoin in the cryptocurrency industry, will become Sui’s first dollar-backed stablecoin. This will benefit Sui’s DeFi ecosystem, which is already one of the fastest growing in the industry. Finally, Sui announced Enoki, a suite of Web3 utilities that makes it very simple for enterprises to leverage decentralized solutions within their applications, products, and services.

Sui Base Camp attendees from 65 countries had the opportunity to meet each other face-to-face.

“When building Sui, we started with a blank canvas, with the goal of creating a great platform for decentralized applications without the structural constraints found in other blockchains,” said Evan Cheng, co-founder and CEO of Mysten Labs, creator of Sui Network. “He said. . “Less than a year after launching Sui’s mainnet, Sui’s incredible performance confirms this approach. From near-unlimited horizontal scalability to industry-leading execution speeds to achieving the most transactions per day of any blockchain of all time, Sui’s performance has been outstanding and the network has only scratched the surface.”

The industry veterans who founded Sui launched the mainnet almost a year ago with high expectations, and the network has performed exceptionally well. Rather than replicating an existing network, the Sui team started from scratch to build an entirely new infrastructure layer that addresses the shortcomings of existing blockchains. They started by creating Move, a new smart contract language, and on top of that they created a new object-centric architecture that enabled performance and functionality not available in traditional blockchains. The result is the industry’s only blockchain, a universal orchestration layer for intelligent assets.

Sui is the industry leader in providing lightning-fast transactions, taking just 400 milliseconds to finalize. Likewise, Sui’s scalability is also top-notch, reaching 297,000 TPS in a controlled environment. But the Sui team is also constantly improving its technology. At the conference, Sui team members unveiled the next generation of advancements in speed and scalability in the form of Mysticeti, which significantly accelerates Sui’s final completion time, and Pilotfish, which enables nearly unlimited horizontal scaling by validators.

And beyond performing in a test environment, Sui broke the record for transactions executed per day in just four months, surpassing existing blockchains while keeping fees low and stable. In particular, in almost a year of mainnet operation, Sui has not experienced a single minute of downtime.

After a series of community events around the world, media articles highlighting Sui’s incredible early milestones, continued ecosystem growth, and builders, builders, developers, investors and the wider community shunning other blockchains to leverage the Sui Network. I’m starting to understand. The potential of Sui’s groundbreaking blockchain technology. The crowds gathered for Sui Base Camp 2024 symbolized the arrival of Sui.

“The overwhelming turnout and vibrant enthusiasm for our first Sui Basecamp event reflects a Sui community captivated by Sui’s potential to make people’s lives better,” said Greg Siourounis, Executive Director of the Sui Foundation. “Over the coming months, the Sui Foundation will continue to focus on expanding the ecosystem of projects leveraging Sui and the number of users who benefit from their applications, working to make Sui one of the most widely adopted blockchains for solving real-world problems. no see. With cutting-edge technology and web3’s most dedicated and expert community behind it, Sui’s progress to date only provides a glimpse of the results this network will achieve.”

Users can read more about the event on the Sui blog.

contact

Sui Foundation
media@sui.io

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ark Invest sells coinbase stocks and invests in BitMine.

July 22, 2025

Little PEPE surpasses $ 4 million in pre -sales, emerging as one of the main memes in 2025.

July 21, 2025

Ether Lee Rium breaks $ 3K with 7,200% of the virus L2 coin eyes.

July 20, 2025
Add A Comment

Comments are closed.

Recent Posts

MultiBank Group’s $MBG Token TGE Is Live On MexC, Gate.io, Uniswap And Multibank.io.

July 22, 2025

Ark Invest sells coinbase stocks and invests in BitMine.

July 22, 2025

Altcoin benefits of capital rotation

July 22, 2025

KAITO unveils Capital Launchpad, a Web3 crowdfunding platform that will be released later this week.

July 22, 2025

CARV Advances AI Beings Roadmap With Hackathon And 12+ Ecosystem Partnerships

July 22, 2025

POLYMARKET will re -enter the United States after the acquisition of QCEX $ 112 million.

July 22, 2025

FTT increases by 7% as the backpack starts the platform to help victims clear liquidation.

July 21, 2025

Monarq Asset Management Appoints Sam Gaer As CIO To Lead Directional Strategy

July 21, 2025

Little PEPE surpasses $ 4 million in pre -sales, emerging as one of the main memes in 2025.

July 21, 2025

Bitcoin Price $ 123K Explosion -Trader Brace for Brake Out

July 20, 2025

Ether Lee Rium breaks $ 3K with 7,200% of the virus L2 coin eyes.

July 20, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

MultiBank Group’s $MBG Token TGE Is Live On MexC, Gate.io, Uniswap And Multibank.io.

July 22, 2025

Ark Invest sells coinbase stocks and invests in BitMine.

July 22, 2025

Altcoin benefits of capital rotation

July 22, 2025
Most Popular

Why Scottie Pippen’s Ethereum Venture Has Fans Furious

August 3, 2024

World Trade Franc Announced: Official Ethereum Stablecoin

March 10, 2024

Craig Wright’s $7.6 million assets frozen over Satoshi allegations

March 29, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.