Aptos and Sui Derived from Facebook’s Diem blockchain project, although the Diem project was later shut down, the Move language was left behind. 4 co-founders discovered Mysten Labs on their own and started building Sui.
In October 2022, Aptos’ Stealth will be released followed by numerous airdrops. The new public network ecosystem is getting chaotic again. Sui, which is expected to launch on the mainnet soon, has attracted more than 490k followers on Twitter and more than 750k on Discord, with a 10% increase in interest compared to Figures last month, and the mainnet will be officially launched on May 3, Sui has attracted attention once again.
Start by understanding how Sui works.
Sui has the potential to reach 120,000 transactions per second (TPS) based on the transaction categorization and consensus system. And complex transactions will follow a whole set of consensus. In addition, the consensus layer separates messaging from consensus operations. This makes it possible to execute transactions in parallel.
Sui’s architecture consists of three components: Object, Transaction, and Validator.
Sui uses DPoS consensus, implemented using Byzantine fault-tolerant Narwhal and Bullshark running DAG (an improved version of Tusk). The architecture enables Sui to perform parallel transactions and generate consensus quickly.
According to the design of the DAG, each transaction generation and consensus propagation is divided into multiple rounds. All nodes on the Sui blockchain are connected to the 12+1 origin block and the first round of verification begins. next transaction And Sui’s blockchain started working. Based on this consensus mechanism, Sui was able to successfully complete parallel transactions. separate information from consensus and realized the creation of block technology
Difference Between Sui and Aptos
Sui and Aptos are public networks that inherit the Move language, and have attracted the attention of leading investors since the launch of a16z. Aptos As of March 2022, Aptos’ current market capitalization is approximately $1.99 billion (token issued) and Sui is valued at over $2 billion following its Series B funding round.
Both Sui and Aptos are from the Diem project and aim to improve TPS, scalability, and scalability. and safety Both use Proof of Stake (PoS) consensus and parallel transactions. But the algorithm behind it is different.
ecosystem comparison
The Aptos ecosystem is growing rapidly. From infrastructure services such as wallets and Oracle to functional applications such as DeFi, NFT and games, Aptos has gradually built a well-structured ecosystem. Diversity and constant development In contrast, Sui’s development was much slower. In June 2022, Devnet was launched, powered by four nodes operated by Mysten Labs for developer testing. Sui Testnet Wave 1 will be released from November to early December 2022 and will feature hundreds of users. Out of 28,000 applicants in August to run the Sui validator and full nodes. This includes 20 validators and 500 nodes.
Wallet
The wallet is the first gateway for users in the public network ecosystem. According to Sui Global and the Aptos Foundation, there are 7 wallet projects under development on Sui and at least 14 on Aptos.
Aptos
Sui
Cross-chain Bridge
Aptos
Sui
LayerZero and Wormhole are two of the largest cross-chain bridge projects on Sui and will be integrated after the mainnet goes live. There is no better option on the market right now. Considering that neither project has issued a token and the upcoming release of the airdrop has not been confirmed yet. Therefore, there is no need to pay much attention to investment.
DeFi
Aptos
Sui
As a mainnet-launched project, Aptos hasn’t made any notable progress in the DeFi space with its low TVL and low attention to network data. On the other hand, Sui hasn’t launched mainnet yet, so no publicly available information. But it has received attention and is on a par with Aptos.
NFT
Aptos
Sui
The NFT market on Aptos is very similar. While the SUI-based NFT platform incorporated some features of the MVOE NFT and made some changes to reflect the nature of the game and its NFT variants.
game
Aptos
Sui
Game projects on Aptos and Sui are in early stages and of average quality. Therefore, it should continue to monitor progress.
Infrastructure and tools
Aptos
Sui
Infrastructure projects that issue Aptos tokens are mostly migrated from other ecosystems. But none of these projects performed well in terms of token price or market capitalization. Sui’s infrastructure projects are still in early stages and development is slow. But it’s worth following continuously.
Sui Foundation and Aptos Foundation
Aptos Foundation
The Aptos Foundation focuses on the development of the Aptos network and ecosystem, with the primary goal of supporting the development of the Aptos blockchain. The Foundation is responsible for developing funding programs, promoting Aptos globally, and nurturing the Aptos ecosystem. Aptos has held two grant events and received applications from more than 500 teams.
Sui Foundation
The Sui Foundation was established specifically to support the development of the Sui ecosystem. It operates independently of Sui, but acts as an official organization. The Sui Foundation has currently launched six ecosystem programs primarily aimed at accelerating the development of ecosystem participants and organizations, highlighted by the following three programs:
- developer funding program
Developer grants range from $1 to $10,000 and eligible projects may be awarded in SUI tokens. The program currently covers the following categories: Review and Governance. Business and digital products information and law Developer Tools Finance Games Payments Productivity Social & Tokenization
- Sui Representative Program
Representative program for community members who want to contribute to the Sui ecosystem but don’t have the resources and funding. but must be considered first The purpose of this program is to allow community members to apply for SUI token grants from the Sui Foundation and stake them with community validators.
- community outreach program
The latest community outreach program launched in December 2022 in response to the community’s strong desire to hold SUI tokens. Two main points:
- Increase geographic coverage as much as possible
- b) Ensure fair participation and distribution of SUI. At the same time it encouraged early Sui supporters and supporters to participate.
Conclusion
Sui is still in the early stages. And it hasn’t achieved a very impressive performance yet. There are few simple projects in the ecosystem which are slow growing and overshadowed by Aptos working hard to build its own ecosystem. and leading projects from various fields, which have firmly established themselves in the market Sui is still behind Aptos right now. However, Sui’s team will vigorously promote the launch of new projects, such as demonstrating the technical capabilities and functionality of public networks through Capy NFT, and providing development ideas and possibilities for the app. Other Apps The Sui team also works with Suia to provide weekly business hours for projects that want to migrate to their platform.
According to Sui’s official information, it is expected to launch mainnet on May 3rd. Sui’s performance in the secondary market is acceptable. And many projects in the Sui ecosystem have started to warm up to some extent. which is considered worth the wait
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