This is the SUI Name Service (SUINS) . This allows users to purchase addresses that can be connected to their own wallet. In this way, transactions can take place at blockchain addresses without having to know the alphanumeric character string itself.
Instead, domains are used that consist of self-chosen words and are therefore much easier for people to remember. The principle is already known from the Ethereum Name Service (ENS).
In addition, the open source Sui Wallet and the Sui Explorer were released shortly after SUI itself. In addition to transactions, the explorer also shows other data about the network. 2,216 nodes are already participating in the network. Most of them are located in the USA and Germany.
At the time of writing, the network handles 17 transactions per second. At the start, the blockchain reached its practical maximum of 137 transactions per second. According to Mysten Labs, peak values of over 300,000 transactions per second have already been achieved in test runs.
The cryptocurrency SUI can be traded on several well-known crypto exchanges – such as Binance , KuCoin or OKX.