Sui to Hold AMA on X on November 21st
2024-11-19


Sui will host an AMA on X with Grayscale on the integration of traditional finance with cryptocurrency. The dialogue will focus on the shaping of the evolving financial landscape, facilitated by Sui and DeFi. The discussion is scheduled to occur on November 21st at 6 pm UTC.
 Refer to the official tweet by SUI: 
🎙ï¸ For our next X Space, we'll be talking with @Grayscale about how traditional finance is embracing crypto, and how Sui and DeFi are helping shape the evolving financial landscape.
📆 Thursday, November 21
🕙 10am PT
â° Set your reminders! https://t.co/BofPXw1QEe
SUI Info
Sui is a first-tier blockchain designed to address certain challenges associated with Web3.
One of the major innovations offered by Sui is parallel transaction execution. On other platforms that process smart contracts, transactions are executed one at a time, usually in the order they are received. This leads to longer processing times. However, the Sui blockchain accepts transactions in parallel, and simple operations bypass consensus, allowing them to be completed almost instantaneously.
The Sui network supports smart contracts through the Sui Move language, which is an upgraded version of the Move language. Move is a programming language based on the popular Rust language and prioritizes fast and secure transaction execution.
SUI is the native token of the Sui blockchain. Tokens can be used for staking and as payment for gas fees in the Sui PoS network.