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Mainnet Sui Upgraded To New V1.5.0 Version

Key Points:

  • Sui mainnet has announced new update V1.5.0 .
  • Updates in this version include: the minimum budget for gas fees has been changed to the minimum, support for writing linters has been added, the compiler will provide more Warnings and some improvements performance and bug fixes.
  • Sui Network hits 1M active addresses within two months of mainnet launch.
According to the official announcement, the Sui mainnet has been upgraded to the new V1.5.0 version with many notable updates.

Updates in this version include: the minimum budget for gas fees has been changed to the minimum, support for writing linters has been added, the compiler will provide more Warnings and some improvements performance and bug fixes.

The minimum budget for gas fees has been changed to the minimum fee. With the current changes, only transactions whose budget includes the minimum fee will be accepted. It should be noted that there will be no change in gas fees for any previous successful transactions. In other words, the scope of this change is limited to specific transactions that previously failed due to “insufficient gas fees” and these transactions will now not be able to enter the system.

Especially in this update, developers can choose to run lint code tools when building/testing/release/upgrade of packages by specifying the -lint flag in the CLI. A linting tool is a tool that automatically analyzes source code to detect potential bugs, security holes, or coding style issues. They are designed to help developers catch bugs before they become problems and to promote coding best practices.

Sui is an L1 public chain redesigned and built on first principles that aims to provide creators and developers with a development platform capable of carrying billions of users further. follow in Web3. Applications on Sui are based on the Move smart contract language and are horizontally scalable, allowing developers to support a wide variety of application development quickly and at low cost.

This Layer 1 hit 1 million active addresses less than two months after the mainnet’s launch, according to a July 14 press release. Despite widespread adoption and network usage, Sui’s price has met significant difficulty, trading at less than $1 since the beginning of June.

24h SUI price chart. Source: CoinMarketCap

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Victor

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