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Sui Sets the Standard for Blockchain Speed with New Mainnet Consensus Mechanism

Aug 9, 2024 #仮想通貨
Sui Sets the Standard for Blockchain Speed with New Mainnet Consensus Mechanism

Sui has deployed a new consensus mechanism called Mysticeti on its mainnet, significantly reducing transaction latency and establishing itself as the fastest blockchain in the industry.

Points

  • Sui’s new Mysticeti protocol cuts consensus latency to 390 milliseconds.
  • Mysticeti enhances Sui’s industry-leading performance and scalability.
  • The protocol improves transaction speeds and overall network efficiency.
  • Key industry players acknowledge Mysticeti’s impact on the blockchain ecosystem.

Sui, a pioneering Layer 1 blockchain known for its industry-leading performance and scalability, has successfully deployed a new consensus mechanism called Mysticeti on its mainnet. This innovative protocol significantly reduces consensus latency to an astonishing 390 milliseconds, setting a new standard for blockchain speed.

Developed from extensive research into Byzantine fault tolerance (BFT) consensus mechanisms, Mysticeti represents a major advancement from the previously used Narwhal-Bullshark consensus algorithms. This new protocol minimizes cross-validator communication and fully utilizes network bandwidth, resulting in lower latencies and higher throughput.

Sui’s unique object-oriented architecture allows the network to process transactions differently based on their characteristics. Transactions involving “owned objects,” such as peer-to-peer transfers, bypass the need for consensus and follow a fast-path execution. With Mysticeti, even transactions involving shared objects, such as those in marketplaces or collaborative game assets, are processed with optimized BFT consensus, achieving latencies similar to owned object transactions.

The successful deployment of Mysticeti on Sui Mainnet follows three months of testing on Testnet, where it achieved an 80% reduction in latency. This update has already generated significant buzz within the developer community and has begun to show tangible results in terms of latency reductions across various sectors on Sui.

解説

  • Sui’s new Mysticeti protocol sets a new standard for blockchain transaction speeds.
  • The protocol’s deployment on Mainnet follows successful testing on Testnet.
  • Mysticeti’s reduced latency and high throughput enhance network efficiency.
  • Industry players acknowledge Mysticeti’s significant impact on the blockchain ecosystem.

In summary, Sui’s deployment of the Mysticeti protocol on its mainnet marks a significant milestone in the blockchain industry. By drastically reducing transaction latency and improving overall network efficiency, Mysticeti sets a new benchmark for blockchain speed and performance. This development is poised to enhance Sui’s reputation as a leading blockchain platform, driving further innovation and adoption in the industry.