With the ever-fluctuating cryptocurrency market, keeping track of real-time prices between MultiversX and Sui can be challenging. Our dedicated MultiversX to Sui price converter & calculator makes this task seamless and straightforward. Whether you're an investor, trader, or crypto enthusiast, leverage our tool to get the latest conversion rates of egld vs. sui. Stay ahead of the market and make informed decisions by accessing the most up-to-date data at your fingertips
1 MultiversX (egld) == 55.279493386802 Sui (sui).
Rate : 55.279493386802
MultiversX (egld) Price: 24.73$
Sui (sui) Price: 0.447363$
1 MultiversX is 55.279493386802 Sui.
MultiversX, previously known as Elrond, is a technology ecosystem for the new internet. It provides a smart contracts execution platform capable of handling 15,000 transactions per second (TPS), with a low latency of 5 seconds and a transaction cost of only $0.001. It focuses on areas such as fintech, decentralized finance (DeFi), and the Internet of Things (IoT).
MultiversX offers the money and DeFi app called Maiar, which aims to provide a user-friendly blockchain experience. It prioritizes progressive security measures and employs a gamified approach to unlock more useful features.
The economic model of MultiversX is based on Proof of Stake (PoS) and has a limited supply. Its native token, eGold, is designed to convey the concept of a digital store of value to the next billion users.
Sui is a layer-1 blockchain that focuses on optimizing low-latency blockchain transfers. It prioritizes instant transaction finality and high-speed transaction throughput, making it suitable for on-chain use cases like gaming, finance, and real-time applications.
Sui's smart contracts are written in Move, a Rust-based programming language that emphasizes fast and secure transaction executions. The platform achieves horizontal scaling through a process called "transaction parallelization." This allows for parallel agreement across different independent types of transactions. Transactions that are independent of each other are validated by Sui nodes using a byzantine fault-tolerant proof-of-stake (PoS) consensus mechanism.
|Smart Contracts||EVM-based smart contracts||Move programming language with fast and secure execution|
|Transaction Throughput||15,000 TPS||High-speed transaction throughput|
|Latency||5 seconds||Low-latency blockchain transfers|
|Ecosystem Focus||Fintech, DeFi, IoT||Gaming, Finance, Real-time applications|
|Economic Model||Proof of Stake (PoS)||Byzantine fault-tolerant PoS|
Both MultiversX (Elrond) and Sui offer unique features and capabilities in the blockchain space. MultiversX excels in transaction throughput, low latency, and its focus on fintech, DeFi, and IoT. On the other hand, Sui stands out with its optimized low-latency transfers, move-based smart contracts, and focus on gaming, finance, and real-time applications. The choice between the two largely depends on the specific use case and requirements of the project at hand.