This article is from Sui, compiled by Odaily translator Katie Gu.

On May 3, the Sui Foundation announced the official launch of the Sui mainnet. Sui is the first Layer 1 blockchain and smart contract platform designed from the bottom up to ensure digital asset ownership is fast, private and secure with no visitor restrictions.

Sui has many advantages over the current underlying blockchain. Sui is a user-friendly platform on which creators and developers can build. Sui's object-centric model supports parallel transaction processing, sub-second transaction speed (only 480 milliseconds on average), and rich on-chain assets. With scalable processing and memory, Sui's speed and low cost support a wide range of applications.

In addition to greatly improving Sui's performance and user experience, Sui has been designed to create a best-in-class developer experience. Sui Move is both expressive and composable, enabling developers to build easily while keeping code safe. Both novice and experienced developers can quickly write robust and secure smart contracts.

As a general-purpose smart contract platform, Sui can power a series of world-class applications in the fields of gaming, finance, commerce, social media and more. Users can access all the core infrastructure needed to support true digital asset ownership and transact with Dapps and other ecosystem participants.New projects will be launched at a steady pace over the coming weeks and months.

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About the Sui Foundation

The Sui Foundation is an independent organization whose mission is to support the growth of the Sui ecosystem. The Sui Foundation supports the Sui community and its projects, empowering individuals and creators to take ownership of their data and content. Sui has formed a community of innovative Founders, Developers and Builders since the network's inception.Sui Discordofficial websiteofficial websitesecondary title

Further reading:Inventory of the first batch of 31 projects launched on the Sui mainnet