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Alireza 🎭

@alirezavk

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Sui Blockchain Overview Type: Layer-1 blockchain designed for high scalability, low latency, and parallel transaction processing. Purpose: Built to support decentralized applications (dApps) with a focus on speed, low-cost transactions, and developer-friendly infrastructure. Consensus Mechanism: Uses a variant of Delegated Proof-of-Stake (DPoS) with Narwhal and Tusk for transaction processing and consensus, enabling high throughput (up to 297,000 TPS in tests). Key Features: Object-Centric Data Model: Assets are represented as programmable objects, allowing flexible and complex smart contract interactions. Parallel Execution: Processes independent transactions simultaneously, reducing congestion and improving scalability. Move Programming Language: Uses a Rust-based language (originally from Diem/Libra) for secure and efficient smart contract development. Horizontal Scaling: Validators can scale by adding more resources, maintaining performance as network demand grows.
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Donald Trump’s pro-crypto stance, a shift from his earlier skepticism, could significantly influence the cryptocurrency market. His administration’s policies, including a strategic Bitcoin reserve, deregulation, and support for crypto-friendly legislation, aim to position the U.S. as the β€œcrypto capital.” This has already driven Bitcoin to record highs, with prices surpassing $100,000 in late 2024, and boosted altcoins like Ethereum, XRP, Solana, and Cardano. However, his personal ventures, like the $TRUMP meme coin and World Liberty Financial, raise conflict-of-interest concerns, potentially undermining legislative support and market stability. While short-term bullishness prevails, critics warn of volatility, speculative bubbles, and risks to financial stability if unregulated growth leads to market manipulation or crashes.
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