🌊After Devnet, multiple Testnet waves, Frenemies, #CapyHolidays, Builder Houses, and much more – what a monumental moment for the Sui community: Sui Mainnet has launched!💥
Let’s dive into what that means for all of you and why you should #BuildOnSui!
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📰 “Today is a monumental milestone for the entire Sui community and the digital asset ecosystem as a whole.” said Greg Siourounis, Managing Director of @SuiFoundation.
🧐Check out the newly launched Sui Explorer for Mainnet, where you can see real-time info on Sui’s performance, including network TPS, the current epoch, gas price, and checkpoints.
Stay up-to-date with the latest network activity here: suiexplorer.com
👉The Network Information Page showcases the differences between Mainnet, Testnet, and Devnet, and provides links to the endpoints for each: sui.io/networkinfo
🚦Remember to reference the Sui Status Page, which provides real-time operational status of the network and details any incidents that may have recently occurred: status.sui.io
🫶This moment is the result of the tremendous effort put forth by everyone in the Sui community. Thank you to all of the dedicated contributors who helped the network get here!
The Sui community has grown immensely, so we recently published a blog that overviews the basics of Sui’s tokenomics to get everyone up-to-date.
🧵Let’s dive in👇
The goal of Sui’s tokenomics is a flourishing economy where:
💧fees are low enough for people to use the chain
💧building costs are low + predictable for a sustainable business model
💧activity is high + reliable for operators to plan their budget
The Sui economy has three main sets of participants:
1️⃣users who create, change, or transfer digital assets or use apps on Sui
2️⃣SUI holders who either stake funds to validators or pay fees to interact with assets + apps on-chain
3️⃣validators who manage txn processing + execution
🫶We wanted to share a note of celebration to the Sui community:
From the launch of Devnet to today, Sui has had an incredibly vibrant and committed community. Thank you for being an integral part of this journey.🤩
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🤝We believe that everyone should be able to fully participate on, and ultimately own, the network. Power must not be concentrated in the hands of a small group but spread amongst everyone.
🙌The Sui Foundation is dedicated to fostering a strong, sustainable Sui ecosystem and celebrating the individuals and teams that make up the Sui community. We are grateful for everything that has been built so far and look forward to seeing what’s next.
Let’s dive into the new features, core developer primitives, and more 👇🧵
🏃Long-running: unlike Testnet Waves 1 and 2, Permanent Testnet will continue running even after Mainnet is live, and it won’t be wiped after each software update.
🔓Permissionless: validator candidates that meet sufficient stake requirements can join the network, and active validators can leave the network, at epoch boundaries.
🏄The Wave to Mainnet has begun – but what does that mean? 🤔
A quick FAQ in 🧵👇
❔: What is The Wave to Mainnet🏄?
👉The Wave to Mainnet🌊 is a series of events and content to further educate the community about the potential for Sui protocol to transform web3 in the lead up to Mainnet.
❔When is Sui Mainnet launching?
👉Sui Mainnet will launch in Q2 of this year. We’ll share more information as soon as possible.