Sui is a decentralized smart contract platform maintained by a permissionless group of validators, similar to those in other blockchain systems. It provides unparalleled low-latency and scalability for straightforward use cases, enabling most transactions to be processed in parallel. By better utilizing processing resources and allowing throughput increases through added resources, Sui achieves improved performance.
Sui utilizes a Byzantine consistent broadcast protocol among authorities to safeguard common asset operations, resulting in lower latency and improved scalability compared to Byzantine agreement. Sui's smart contract execution is parallelized when possible, and it supports both light clients, which can authenticate reads, and full clients, which can audit all transitions for integrity. This enables trust-minimized bridges to other blockchains.
The native asset, SUI, is used to pay for gas for all operations and allows owners to delegate stake to authorities for platform operation within epochs. Authorities are periodically reconfigured based on the stake delegated to them. Gas fees are distributed to authorities and their delegates in proportion to their stake and contribution to Sui's operation.
On March 29 2023, Sui's Permanent Testnet, a decentralized and permissionless environment, was launched and will continue running even after Mainnet launch.
Follow the below steps to get the SUI test Tokens, keep in mind that SUI tokens are NOT traded on any exchange and there is NO giveaway for acquiring them .
Install and Configure the wallet
Step 1) Download Sui Wallet
Sui Wallet allows testing on the developing Sui network, where tokens hold no real value. You can hold test tokens & NFT on the wallet.
Install the chrome extension here
Step 2 ) Install the wallet, configure it and "Open Sui Wallet"
Get Test Token from the wallet
You can explore different features for the wallet here
Get Test Token through Discord
Use Sui Explorer to check your balances or look at some key stats. You might need to click "request testnet SUI tokens" if it doesn't work in one click. There are 5.455 Millions wallet address since genesis as per Sui Explorer. You can send / recieve tokens & NFTs , as well try the apps using the Sui wallet. Refer the official guide here
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