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What is Sui?
Sui is a smart contract platform for decentralized applications (a blockchain). Sui was founded by Evan Cheng, Sam Blackshear, Adeniyi Abiodun, George Danezis and launched in 2022.How does Sui work?
Validators process transactions and receive fees from users (supply-side fees).Who governs Sui?
Sui (Mysten Labs) team & investors own and govern the protocol. They currently don’t take a cut of the total transaction fees paid by users (revenue). Sui's investors include a16z, Coinbase Ventures, Electric Capital, etc.Related posts
How Sui achieves +270k TPS: tech, traction, KPIs, building for mass adoption & more | Fundamentals ep.81
In this episode, were joined by Adeniyi, the Co-Founder and CPO of Mysten Labs – the team behind the Sui blockchain. We dive into the intricacies of the Sui blockchain and how it is designed to achieve unprecedented levels of scalability and user experience.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.