πŸ’§Building on Sui

Sui: A Next-Generation Blockchain for Scalable dApps

Sui is a new blockchain developed by Mysten Labs, a team of former Meta engineers. It is designed for fast, scalable applications and introduces unique features like object-based data models and parallel processing. These innovations help Sui handle more transactions quickly, making it a great choice for complex dApps and resource intensive calculations.

Sui’s architecture is built to avoid the delays seen in older blockchains, providing high throughput and low latency. It also focuses on developer-friendly tools and fast transaction processing, which catched attention by Rentible as well, to recognzie Sui as a key player in the future of blockchain, ready to meet the needs of both developers and users.

Move: The Smart Contract Language for Sui

Move is the smart contract language for Sui, created by engineers from Meta’s Diem project. It focuses on resource safety and secure asset management, reducing the risk of common smart contract errors like reentrancy attacks.

Move’s design allows developers to create safer, more efficient contracts. It features a strong type system and tools for verifying contract behavior, giving developers confidence in their code. With its focus on asset ownership and secure transfers, Move is well-suited for building financial products and next-gen dApps. Rentible believe that the combination of Move’s advanced features and Sui’s scalable network will play a big role in shaping the future of Real World Assets (RWA).

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