Convert Sui to Internet Computer Price Calculator & sui vs. icp Comparison

With the ever-fluctuating cryptocurrency market, keeping track of real-time prices between Sui and Internet Computer can be challenging. Our dedicated Sui to Internet Computer 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 sui vs. icp. Stay ahead of the market and make informed decisions by accessing the most up-to-date data at your fingertips

1 Sui (sui) == 0.15109266055046 Internet Computer (icp).
Rate : 0.15109266055046

Sui (sui) Price: 0.494073$
Internet Computer (icp) Price: 3.27$

Sui vs Internet Computer (ICP): A Comparison and Review

Sui

Sui is a layer-1 blockchain that focuses on optimizing low-latency blockchain transfers. With its emphasis on instant transaction finality and high-speed transaction throughput, Sui is well-suited for on-chain use cases like games, finance, and real-time applications.

Features

• Smart contracts written in Move, a Rust-based programming language prioritizing fast and secure transaction executions
• "Horizontal scaling" achieved through transaction parallelization, enabling parallel agreement across different types of transactions
• Data organization as independent objects, allowing validation of independent transactions by Sui nodes via a byzantine fault-tolerant proof-of-stake (PoS) consensus mechanism

Internet Computer (ICP)

Internet Computer, created by the DFINITY Foundation, is the world's first blockchain capable of running at web speed and unrestricted capacities. It aims to revolutionize the web by supporting smart contract development at scale and changing the way people interact using web services.

Features

• Extending the public internet to become the world's decentralized computing platform
• Enabling the design of the crypto economy and overhauling traditional software services
• ICP utility token with roles in network governance, production of cycles for compute, and rewarding users for participating in the network

Comparison

Market Cap Rank

Sui is currently ranked 99th in terms of market capitalization, while Internet Computer (ICP) holds the 33rd spot.

Price Change Percentage in 30 Days

Sui has experienced a significant price increase of 99% in the past 30 days. In contrast, Internet Computer (ICP) has seen a decrease of -14.08% in the same period.

Use Cases

Sui is a suitable platform for on-chain use cases such as games, finance, and real-time applications. On the other hand, Internet Computer (ICP) aims to revolutionize the design of the crypto economy and transform traditional software services.

Governance and Token Utility

While Sui's information doesn't mention specific governance mechanisms or token utility, Internet Computer (ICP) places importance on network governance, rewards users for participation, and allows conversion of ICP into cycles for network access.

Conclusion

Both Sui and Internet Computer (ICP) offer unique features and aim to transform different aspects of blockchain technology and web services. Sui optimizes for low-latency transfers and is suitable for on-chain use cases, while Internet Computer (ICP) seeks to extend the capabilities of the public internet and revolutionize the crypto economy. Investors and developers interested in these projects should carefully evaluate their specific requirements and goals to make informed decisions.