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Cryptocurrency News Video

Sui: A Low-Latency Smart Contract Platform Whitepaper

Aug 03, 2025 at 11:00 pm Bonsai Masters - The Explainer

The provided whitepaper introduces Sui, a decentralized smart contract platform designed for efficient asset management with low latency. It leverages the Move programming language to define assets as objects, allowing for custom rules regarding their creation, transfer, and mutation. The platform operates through a permissionless network of authorities, similar to validators, using a Byzantine consistent broadcast protocol for common operations and Byzantine agreement for shared objects and governance, enabling parallelized smart contract execution. A native SUI token is utilized for gas fees and stake delegation, incentivizing authorities and their delegates. The document outlines Sui's programming model, transaction processing, and system architecture, including how it achieves scalability and finality, and its support for light clients and cross-blockchain bridges.
Video source:Youtube

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