What is [Sui](https://github.com/MystenLabs/sui) by Mysten Labs as a smart contract platform? Sui by Mysten Labs is a smart contract platform that aims to provide a secure and scalable infrastructure for decentralized applications (dApps). It is built on top of the Ethereum blockchain and utilizes Layer 2 scaling solutions to overcome the limitations of the Ethereum network. Its Github page is: https://github.com/MystenLabs/sui The platform focuses on three main aspects: security, scalability, and usability. In terms of security, Sui implements various measures such as formal verification techniques to ensure the correctness of smart contracts and reduce vulnerabilities. It also incorporates a permissionless architecture where users can audit and verify the code before interacting with it. Scalability is achieved through Layer 2 solutions like optimistic rollups, which enable high throughput and low transaction costs while maintaining compatibility with existing Ethereum dApps. This allows Sui to handle a larger number of transactions per second compared to the Ethereum mainnet. Usability is another key feature of Sui. The platform aims to simplify the development process for dApps by providing developer-friendly tools, libraries, and developer environments. This makes it easier for developers to build and deploy smart contracts on the platform, reducing barriers to entry for building decentralized applications. # A diagrammatic representation ![[SuiArchitecture.excalidraw|800|center]] Overall, Sui by Mysten Labs aims to address some of the major challenges faced by existing smart contract platforms, such as scalability issues and security vulnerabilities. By providing a secure and scalable infrastructure with enhanced usability, Sui seeks to empower developers in building innovative dApps. # References