The Latest Update of Sui Network: New Programmable Transactions and Other Changes

On March 7, the public chain Sui Network released the next version of 0.28 document. Specific functional changes will include the introduction of new programmable transactions that replace batch processing transactions and ordinary transactions, the adjustment from 20 bytes to 32 bytes (in hexadecimal, from 40 to 64), and the change of gas budget to use SUI instead of gas units.

Sui Network released a new version of 0.28 documents, including the introduction of programmable new transactions

Sui Network, a public blockchain platform, has recently released the next version of its 0.28 document on March 7. This update includes several functional changes that aim to enhance the efficiency and flexibility of the platform. In this article, we will discuss the specifics of these changes and their potential impact on the blockchain community.

Introduction

Sui Network, also known as the Sui Chain or SuiCoin, is a decentralized blockchain platform that facilitates secure and transparent transactions. One of the primary goals of Sui Network is to provide a high-performance blockchain solution that can handle large-scale applications and services. To achieve this, Sui Network has been actively developing and upgrading its technology, which includes the recent release of its 0.28 document.

Key Functional Changes

The following are the key functional changes that have been introduced in the latest version of the Sui Network:

1. New Programmable Transactions

One of the most significant changes in the 0.28 document is the introduction of new programmable transactions. These new transactions will replace batch processing transactions and ordinary transactions, providing a more efficient and flexible way to process transactions on the Sui Network. The new programmable transactions come with a set of rules and parameters that can be customized according to the users’ needs.

2. Adjustment from 20 Bytes to 32 Bytes

Another change in the latest version of the Sui Network is the increase of byte size from 20 to 32. This change is significant because it increases the capacity of the platform, allowing it to handle more transactions at a faster speed. The increase in byte size is also expected to improve the overall security and reliability of the platform.

3. Change of Gas Budget to Use SUI Instead of Gas Units

The third functional change in the 0.28 document is the replacement of gas units with SUI as the currency for gas budget. This change aims to simplify the gas budget process, making it easier for developers and users to estimate the cost of running their applications on the Sui Network. The change is also expected to reduce the overall cost of transactions, making it more affordable for users.

Potential Impact on the Blockchain Community

The introduction of new programmable transactions, the increase of byte size, and the change of gas budget to use SUI are significant changes to the Sui Network. These changes have the potential to make the platform more efficient, secure, and reliable, which could attract more developers and users to the platform. The new programmable transactions, in particular, are expected to provide more flexibility and customization options for developers, making it easier for them to build decentralized applications on the Sui Network.

Conclusion

The latest version of the Sui Network 0.28 document includes significant functional changes, including new programmable transactions, an increase of byte size, and the change of gas budget to use SUI. These changes have the potential to enhance the efficiency, security, and reliability of the platform, and attract more developers and users to the Sui Network. If these changes are successful, it could become a significant player in the blockchain space.

FAQs

1. What is Sui Network?
Sui Network is a public blockchain platform that facilitates secure and transparent transactions.
2. What are the key functional changes in the 0.28 document of Sui Network?
The key functional changes include the introduction of new programmable transactions, an increase of byte size from 20 to 32, and the replacement of gas units with SUI as the currency for gas budget.
3. How will the new programmable transactions impact the Sui Network?
The new programmable transactions are expected to provide more flexibility and customization options for developers, making it easier for them to build decentralized applications on the Sui Network.