Published On Apr 29, 2024
At Sui Basecamp 2024, Evan Cheng, CEO and Co-Founder at Mysten Labs, kicks off the conference with his opening keynote, discussing the fundamental reasons behind why Web3 exists, what the Web3 movement is trying to achieve, and how Sui and its underlying technology are uniquely positioned to reimagine the future of ownership and interaction.
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Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Based on the Move programming language, its object-centric model enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences.
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