SUI Archives - QuantLenz

Smart Contracts on SUI – Features & Best Practices

Introduction Smart contracts are revolutionizing the blockchain space by enabling trustless, automated, and transparent transactions. The SUI blockchain, with its innovative architecture and enhanced scalability, is quickly becoming a top choice for developers looking to build efficient decentralized applications (dApps). In this article, we explore the features of smart contracts on SUI, how they differ […]

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Which Cryptocurrencies Performed Best in 2024?

Knowledge / user

Introduction The cryptocurrency market in 2024 witnessed significant growth, with several altcoins outperforming Bitcoin in percentage gains. While Bitcoin remained a dominant force in the market, meme coins, Layer-1 blockchains, and utility-based tokens saw some of the highest returns. In this article, we highlight the top-performing cryptocurrencies of 2024 based on their price percentage increases.

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Common Mistakes to Avoid When Using the SUI Blockchain

Knowledge / user

Introduction The SUI blockchain is a powerful and innovative technology that offers numerous benefits, including enhanced security, transparency, and efficiency. However, like any technology, it comes with its own set of challenges. Avoiding common mistakes can help you make the most of the SUI blockchain and ensure your endeavors are successful. In this article, we

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How Parallel Execution Enhances SUI’s Performance

Knowledge / user

Introduction Parallel execution is a significant advancement in computing that has the potential to revolutionize various applications, including the performance of the Simple User Interface (SUI). By leveraging multi-threading and parallel processing, SUI can achieve remarkable improvements in speed, efficiency, and overall user experience. Understanding Parallel Execution Parallel execution involves the simultaneous processing of multiple

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How SUI is Revolutionizing DeFi

Knowledge / user

Introduction Decentralized Finance (DeFi) has transformed the financial landscape, providing open and permissionless access to financial services. However, scalability, high transaction fees, and slow confirmation times remain challenges in traditional blockchain networks. SUI, a next-generation blockchain, is addressing these issues and revolutionizing DeFi with its cutting-edge technology. What Makes SUI Unique? SUI is designed for

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How to Set Up and Use a SUI Wallet

Knowledge / user

Introduction The SUI blockchain is gaining traction due to its scalability, efficiency, and innovative technology. To interact with the SUI ecosystem, users need a SUI wallet for storing, sending, and receiving SUI tokens. This guide will walk you through setting up and using a SUI wallet securely. Step 1: Choosing a SUI Wallet Before

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SUI for Beginners: A Simple Guide to the Sui Blockchain

Knowledge / user

Introduction to SUI The Sui blockchain is a next-generation blockchain designed for high performance, scalability, and ease of use. Whether you’re new to blockchain or an experienced user, understanding Sui can help you take advantage of its innovative technology and unique features. What is the SUI Blockchain? Sui is a layer-1 blockchain that provides a

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Sui Blockchain vs Traditional Blockchain

Knowledge / user

Sui Blockchain vs Traditional Blockchain 1. Introduction to Blockchain Technology Traditional blockchains, such as Bitcoin and Ethereum, operate as distributed ledgers that record transactions in sequential blocks. These blocks are linked together, forming a chain that ensures the integrity and immutability of the data. Each block contains a set of transactions, a timestamp, and a

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How to Read PnL Analysis in the SUI Network

Knowledge / user

Understanding P&L (Profit and Loss) in Crypto Trading Profit and Loss (PnL, P&L) analysis is a crucial part of crypto trading, helping traders assess their performance over time. In the SUI Network, understanding PnL can provide valuable insights into your trading strategies, risk management, and overall profitability. There are two main types of PnL: Realized

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