Mysten Labs Technology Prototype On Sui Provides First Proof Of Elastic Blockchain Scaling

  • 📰 hackernoon
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Sui leads the industry in throughput by leveraging multiple cores for parallel transaction execution within individual validators.

**PALO ALTO, California, March 20th, 2024/Chainwire/--**Pilotfish, a prototype Sui extension, was able to grow smart contract execution throughput in direct proportion to the number of machines used. Mysten Labs, a team of leading distributed systems, programming languages, and cryptography experts and originators of the Sui Network, today announced a landmark achievement in scaling blockchain capacity.

This new technology not only makes elastic capacity possible, but its auto-scaling architecture, akin to centralized solutions like AWS or Heroku, allows the use of smaller, cheaper servers available on demand. Nearly all other blockchains aiming to scale use some form of batching—grouping transactions together to be added all at once. The downside of this method is significant additional latency.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 532. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mysten Labs Technology Prototype on Sui Provides First Proof of Elastic Blockchain ScalingCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Ripple Labs Hits Rare Win in Payments TechnologyRipple Labs bags award for cross-border payments innovation
Source: Utoday_en - 🏆 295. / 63 Read more »

Southern University of Science and Technology: Advancing Science and Technology in ChinaSouthern University of Science and Technology (SUSTech) is a public research university in Shenzhen, China. It aims to be a globally-renowned university that excels in interdisciplinary research and contributes to the advancement of science and technology. SUSTech's School of Medicine, founded in 2018, focuses on integrating medicine with sciences, engineering, and humanities to train leading medical talents.
Source: Nature - 🏆 64. / 68 Read more »

Palworld Technology List: All Items Unlocked With Technology PointsThe amount of unlockable tech in Palworld can get overwhelming, so here's a full list to help you decide how to spend those points.
Source: Gamepur - 🏆 277. / 63 Read more »