Over 1,000 builders, partners, investors and enthusiasts meet at the first global event to celebrate SUI

Over 1,000 builders, partners, investors and enthusiasts meet at the first global event to celebrate SUI

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

The annual event is a highlight of SUIS extraordinary debut

over 1,000 projects, partners, investors and enthusiasts from 65 countries around the world gathered in Paris last week to celebrate Sui on the first global sui baseecamp conference of the much-tied level 1.

At his very first annual event during the Paris Blockchain Week, Sui was celebrated by developers and builders from all over the world during a two-day event. The speakers in the Sui Basecamp covered all aspects of the industry, from payments to gaming and e-commerce to major League sports, and offered comments in keynotes, panels and fireplace.

The event was interrupted by three important announcements. In cooperation with Playtron, the SUI team announced the Suiplay0x1, the world's first light handheld gaming device with native web3 functions and promising new gaming experiences. In addition, First Digital Labs agreed that FDUSD, the fastest growing stable coin in the crypto area, the first native dollar-supported stable coin on SUI, will be a blessing for the defi ecosystem from SUI, which is already the fastest growing in the industry. Finally, Sui Enoki announced that you make a suite of web3 service programs that will make it very easy to use decentralized solutions in your applications, products and services.

Participant of the SUI BaseCamps from 65 countries had the opportunity to get to know each other personally.

"When building SUI, we started with an empty canvas, with the aim of creating the outstanding platform for decentralized applications without the structural restrictions that we saw in other blockchains," said Evan Cheng, co-founder and CEO of Mysten Labs, the founder of the SUI network. "Less than a year after the start of Suis Mainet, the remarkable strength of Suis performance has confirmed the approach. From almost unlimited horizontal scalability to industry -leading execution speed to the achievement of most transactions on a single day of all blocks of all time, the performance of SUI was only extraordinary and the network only scratched the surface."

The industry veterans who founded SUI started their Mainnet almost a year ago with great expectations, and the network developed exceptionally well. Instead of cloning an existing network, the SUI team began at zero and built up a completely new infrastructure layer that removes the defects of existing blockchains. They started developing Move, a new, intelligent contractual language, and also created a new architecture that focuses on objects and enables performance and functionality that are simply not available on existing blockchains. The result is a blockchain unique in the industry - the universal coordination layer for intelligent assets.

SUI is an industry leader with lightning -fast transactions, the time of which is only 400 milliseconds until the final. The scalability of SUI is also at the peak and reaches 297,000 TPS in a controlled environment. The SUI team also constantly improves the technology. At the conference, members of the SUI team presented the next progress in terms of speed and scalability: MysticTi, which SUIS accelerates time until final validity, and pilotfish, which enables almost unlimited horizontal scaling by validators.

and beyond the performance in test environments, Sui broke the record for a single day at just four months and achieved a higher value than any existing blockchain, while the fees remained low and stable. It is noteworthy that Sui has not experienced a single minute downtime in almost a year of his Minneet.

gradually, after a series of community events around the world, media reports, the SUIS remarkable early milestones, sustainable ecosystem growth and several stories of builders highlight the other blockchains to use the SUI network, start to understand builders, developers, investors and the wider community Blockchain technology. The crowds that gathered for the Sui Basecamp 2024 were the highlight of Suis.

"The overwhelming participation and lively enthusiasm at the first Sui Basecamp event reflect a SUI community that is fascinated by Suis potential to improve people," said Greg Siourounis, Managing Director of Sui Foundation. "In the coming months, the SUI Foundation will continue to concentrate on the expansion of the ecosystem of projects that use SUI, and the number of users who benefit from these applications while we are working on making SUI one of the most widespread blockchains." With the latest technology and the most committed and professional web3 community in the back, the previous progress of SUI is only a foretaste of what this network will achieve. ”

Users can read more about the event on the website Sui-Blog .

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Source: Coinlist.me