⛔ Stop guessing ⛔ Use our free stock screener to find new opportunities fast Try Free Screener

Sui Unveils Dev Portal in Preparation for Mainnet Launch, Token Listing

Published 2023-04-27, 08:35 a/m
© Reuters.  Sui Unveils Dev Portal in Preparation for Mainnet Launch, Token Listing

U.Today - The Sui Network has the launch of its Dev Portal as it doubles down on its efforts to have a flawless next week. As revealed by the protocol, the Dev Portal will serve as a one-stop shop where builders within its community can access educational resources as well as technical support.

The radar beamed on the Sui Network months ago when its technological capacity became somewhat obvious. Designed from the ground up by Mysten Labs, whose core founders are former engineers who worked for the Facebook (NASDAQ:META) Libra/Diem project, the Sui Blockchain is designed to compete with existing alternatives that are, relatively, not as scalable.

Designed to offer negligible or no transaction fees for network participants, the Sui protocol is designed to revolutionize payments and microtransactions. By virtue of its design and growing ecosystem expansion, Sui is notably being pitched as one that will gain immense traction in a shorter time following its mainnet release.

Per the Dev Portal, Sui Blockchain has made it possible to get all needed help a developer will require in building on the platform, while also permitting users to submit any tutorial that can bolster accessibility.

Sui token launch

Ahead of the mainnet, a number of speculations have been growing with respect to the native token of the Sui Network. While its token is not yet distributed, CoinList has the digital currency on its platform by May 3. KuCoin is also the protocol.

Judging by the traction that Aptos (APT) recorded when it was launched, speculation surrounding the potential success of Sui is now high. The correlation between Sui Network and Aptos is that both were developed using the Move Programming Language created by Mysten Labs.

For what it’s worth, both protocols may brandish a similar functionality, and the prospects of what the future holds is enticing for the community.

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.