Mysten Labs is proud to present... Sui! Let’s dive into “parallel agreement” — a breakthrough in system design. A 🧵. 1/8 #blockchaintechnology
2/8 - Sui scales horizontally with no upper bound to meet application demand while maintaining extremely low operating costs per transaction. #blockchain
3/8 - Sui's system design breakthrough eliminates a critical bottleneck in existing #blockchains : the need to achieve global consensus on a total-ordered list of transactions.
4/8 - This computation is wasteful given most transactions are not contending for the same resource against other transactions. #blockchaintechnology
5/8 - Sui takes significant leap in scalability by enabling parallel agreement on causally independent tx. Sui authorities commit such tx using Byzantine consistent broadcast, eliminating global consensus's overhead w/out sacrificing safety & liveness guarantees.
6/8 - This breakthrough is only possible with Sui's novel data model. Thanks to its object-centric view & Move's strong ownership types, dependencies are explicitly encoded.#blockchain
7/8 - As a result, Sui both agrees on & executes tx on most objects in parallel, while a minority of tx that affect shared state are ordered via Byzantine fault tolerant consensus & executed in parallel.
8/8 - Read all about Sui’s Parallel Agreement system design here: medium.com/mysten-labs/an…
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