BREAKING: Sui Network’s Mainet To Launch On May 3rd

Key Points:

• Sui Network’s mainnet will launch on May 3rd at 12 pm UTC.

Sui Network has announced that its mainnet will launch on May 3rd at 12 pm UTC. The announcement came after Sui achieved impressive performance results.

The Sui network, with 100 globally distributed validators, recently achieved peak throughput ranging from 10,871 TPS to 297,000 TPS on various workloads.

To achieve high-fidelity and realistic performance results, Sui’s performance characterization was conducted using a globally-distributed setup that mirrored Mainnet regarding hardware configurations, number of validators, the geographic distribution of validators, and voting power distribution. A scalable load generator was explicitly developed for this exercise.

One of Sui’s most powerful core developer primitives is Programmable Transaction Blocks (PTB), which allows developers to customize their applications by constructing increasingly sophisticated PTBs. As Sui’s programmability was highly expressive even before PTB, a single execution can perform up to 1024 heterogeneous operations, each of which would otherwise be an individual transaction on most other blockchains.

Sui’s time to finality is approximately 480 milliseconds, a promising result for the protocol’s future. The time to finality measures the point in the transaction lifecycle where both the transaction itself as well as the effects of the transaction are final and can be used in subsequent transactions.

The Sui protocol has come a long way from its inception and has shown promising early performance results. Yet there are still many opportunities for optimization and scalability. In the near future, scalability and coverage of benchmark tooling, horizontal scalability to support intra-validator scaling across multiple machines, and resilience to under-performance of individual validators will be refined on Sui.

What is Sui Network?

Sui is a blockchain that offers low latency and high throughput, making it ideal for on-chain use cases like DeFi and GameFi due to its instant transaction finality. The blockchain is created using Rust, a programming language that prioritizes fast and secure transaction execution. Notably, Rust is also used by Solana, another high-speed blockchain.

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