By Moamen Basel, September 2026, 4 labs, about 24 minutes
Sui from zero
Objects instead of account rows, and why independent state can finalize without one global order.
Sui went live in May 2023. One disagreement sits at its center. It refuses to treat ordering as something every transaction needs. This page explains the bet from nothing. Every machine on it runs real SHA-256 work in your browser, so you can check the structure instead of trusting my summary of it.
Toy object generator, not a Sui mint. It uses real SHA-256 to turn your name into repeatable sample fields. Sui object IDs come from transaction context, not from a user chosen name. The useful part is the shape: identity, version, type, contents, and ownership.
01Where Sui comes from
Move, the programming language Sui runs on, was born inside Meta. Sam Blackshear wrote it for Diem, Meta's attempt at a payments blockchain. The idea that defined it was already set on day one. Money should be a value in the language that you cannot copy and cannot accidentally throw away. When that project's road ran out, the engineers scattered. In September 2021 a group of them from Novi, Meta's crypto unit, founded Mysten Labs, with Evan Cheng as CEO, Sam Blackshear as CTO, Adeniyi Abiodun as chief product officer, George Danezis as chief scientist. The venture firm a16z invested that December and led a $300 million Series B in 2022.
Sui mainnet launched on May 3, 2023. The split of work since then is simple. Mysten Labs builds the core protocol. The Sui Foundation, seated in Zug, Switzerland, funds and stewards the ecosystem around it. The language came along for the ride, though not unchanged. Sui runs a heavily modified dialect of Move, reshaped around the object model this page is about. If you have never read a blockchain teardown before, the Bitcoin page in this series builds the base layer of intuition. Everything below stands on it.
02A ledger of objects
Most persistent state on Sui is represented as objects.
Ethereum organizes state under accounts in one authenticated state structure. Sui exposes application state as individually versioned objects. An object has a unique ID, a version, a type, contents, and ownership metadata. Look back at the LIVE box you just ran. It prints a reduced teaching view of those fields.
Your wallet's coin holdings can be represented by coin objects, each owned by an address and carrying its own version trail. A collectible is an object. Published packages and Move modules are immutable onchain code, while application state such as a liquidity position, domain name, or in game sword can live in objects. The opening toy prints only a few fields for clarity; real objects also carry a type and contents.
The version number is the quiet field that makes the rest of this page work. When an object changes, its version increments. The transaction that changed it names the version it acted on. Two transactions both claiming to move version 3 of the same object are in conflict. Two transactions touching different objects cannot conflict at all, ever. Hold onto that, because the entire architecture of Sui falls out of it.
03Owned and shared
Sui sorts every object into one of four ownership kinds. Address owned. One address holds the key that can move it, like the coins in your wallet. Shared. Nobody's key alone can move it, and the object accepts writes from anyone, like a marketplace pool. Immutable is frozen forever, readable by all, writable by none, which is where published code usually lives. Object owned is an object belonging to another object, like a sword that belongs to a character.
Here's the move that makes Sui different. If transactions touch disjoint owned objects, their relative order cannot change either result. Shared objects are the mirror case. Writes can collide, so the network must serialize them. The original Sui Lutris design used a separate consensusless quorum path for owned objects. Since Mysticeti v2 became the default in node v1.60, transaction validation is integrated into the consensus DAG and transactions are finalized or rejected concurrently. The fast path remains, but it no longer uses the old separate certificate ceremony shown in early Sui diagrams.
04The fast path, then and now
Historical protocol toy. It models the original Sui Lutris split between a quorum certificate for owned objects and consensus ordering for shared objects. Current Mysticeti v2 integrates validation into its DAG. The lab uses real SHA-256, synthetic validator hashes, and a visible 450 ms pause; it is not an Ed25519 implementation, a network trace, or a latency benchmark.
The lab takes two payments that touch two different owned coins and executes them twice, once in each order. Both runs hash the same toy transaction records, then compare final ledger hashes. They match because the two transactions never meet. The second half aims an operation at one shared pool object, where sequence changes state. This isolates the data dependency lesson. It does not reproduce the current wire protocol.
In the historical Sui Lutris framing, broadcast bought safety while consensus bought order. Mysticeti v2 folded transaction validation into the same DAG used for consensus and made Transaction Driver the default submission path. The object model still lets independent transactions finalize concurrently. The implementation no longer sends each owned transaction through a separate consensusless quorum ceremony.
Contents
01Where Sui comes from 02A ledger of objects 03Owned and shared 04The fast path, then and now 05One DAG, ordering where needed 06Six writers and one counter 07Move safety in one screen 08The type wall 09Sign in with Google, pay with a proof 10What landed in 2025 and 2026 11Sui, Solana, Ethereum05One DAG, ordering where needed
What do contending shared objects pay for? A common order. Consensus is the protocol by which independent machines agree on that order even if some of them crash or lie. Sui launched in May 2023 with two components doing that job. Narwhal was a mempool, meaning the waiting room for pending transactions. It was structured as a directed acyclic graph so validators could gossip many transactions at once without waiting on each other. Bullshark read positions off that graph into an order for shared object work. Shared object transactions finalized in about two seconds. It was visibly slower than the separate owned object path.
July 2024 brought Mysticeti. The earlier consensus design made each DAG block carry a certificate before it could commit. Mysticeti removed that explicit block certification round and reached roughly 400 to 500 ms consensus commits in published measurements. On November 6, 2025, Mysticeti v2 integrated transaction validation into the DAG and introduced Transaction Driver. Validators explicitly vote on rejections while DAG ancestry supplies implicit acceptance votes. Sui's own test results report hundreds of thousands of transactions per second; that is a benchmark, not observed public chain demand.
Underneath the consensus churn, the plumbing is stable. Consensus output gets packed into checkpoints, with no fixed interval. Validators may split or merge commits to build them. A system Clock object at address 0x6 ticks on every commit. That gives contracts a shared sense of time. Time itself is sliced into epochs, meaning 24-hour windows at whose boundary staking rewards are paid out. The validator set is 100-plus machines. Staking, meaning locking coins as collateral to earn the right to validate, paid about 2 percent as of September 2025. A March 2026 writeup by the researchers put post Mysticeti consensus commit latency near 500 ms at world scale.
06Six writers and one counter
Contention is the whole story of this section. Here it is with numbers.
Conceptual serialization model, not a protocol trace. Each pause makes a dependency visible. The hashes and counters are computed in your browser, while validator votes, network timing, and Mysticeti's DAG are simplified away. Increase the slider to see one hot shared object serialize while disjoint owned transfers remain independent.
One shared counter means one version trail. Every increment depends on the version produced by the previous increment, so the toy serializes six writes. The owned side uses six disjoint coins, so those state transitions can complete independently. Current Mysticeti v2 handles both through its DAG rather than issuing the toy certificates printed here. The invariant survives the simplification: contention creates a dependency chain, while disjoint objects do not.
07Move safety in one screen
The object model sets the stage. Move is the language that keeps actors honest on it. The linear resource is the point. A value that represents an asset can be used exactly once. The compiler refuses to copy it, and it refuses to let that value silently fall out of scope at the end of a function. Every code path has to explicitly transfer it somewhere. If a function takes a Coin as an argument, that coin must end up returned, sent, or destroyed by an explicit, typed operation, on every branch, or the program does not compile. There are no pointers you can alias behind the compiler's back. There's no way to reach into another module's storage. A module can only move resources through the public entry points other modules choose to expose.
Types carry the guarantees. A Coin<SUI> and a Coin<BTC> are built from the same struct definition, but the type parameter makes them as incompatible as two unrelated types. The check happens before anything executes. Generic containers stay honest the same way. A bag that holds Sui coins cannot silently accept a Bitcoin coin. Its slot has a type. The value has a type. The two have to agree. That's the entire subject of the next lab.
The third layer is verification. The Move Prover, a formal verifier with lineage going back to the original Move work at Meta, takes a contract plus a list of invariants, statements like "this pool's reserves can never decrease without a matching withdrawal", and either proves them across all possible executions or returns a counterexample. Testing samples behaviors. A prover exhausts them. Sui's side of this lineage went public in January 2026, when a Sui Prover was open sourced. Certora, a company that has sold formal verification for Ethereum contracts for years, ships its own Sui prover as a product. None of this makes contracts correct. It makes specific, stated properties checkable by a machine, which is a different and more durable promise.
08The type wall
A toy of the type system, honestly labeled: the type tags are hashed with real SHA-256 and compared nybble by nybble, and the slot rule (a Bag<T> accepts only T) is the real structural rule. Move's compiler does this check statically before a transaction ever runs; the lab does it at transfer time so you can watch it refuse.
The lab hashes the type tag of Coin<SUI> and the tag of Coin<BTC> into two fingerprints. It shows you how far apart they land. Nybble by nybble, almost all of them differ. Then it offers a Sui coin to a bag whose slot demands Bitcoin coins. The transfer refuses. There's no error message after the fact. It refuses to exist, because no valid transaction can even be formed that moves the wrong type into that slot. The third act is the one to sit with. Replay the same wrong transfer on an untyped ledger, where a balance is just bytes in a cell, and it goes through silently. The bag now believes it holds more Bitcoin than anyone ever deposited. Nothing anywhere is going to complain.
09Sign in with Google, pay with a proof
Every blockchain has an onboarding wall. It's usually the seed phrase. Twelve or twenty four words, and those words are the actual master key, written on paper. A normal person finds that terrifying. Sui's answer is zkLogin, shipped and audited by zkSecurity. You sign in with Google, Apple, or Twitch. Ordinary OAuth flow. You approve an app and it receives a credential called a JWT, a signed token asserting who you are. Your wallet combines that JWT with a secret salt to derive your Sui address. I know the next question. Does Google now sit between you and your money?
No. That's where the word zero knowledge earns its place. When you transact, your wallet builds a Groth16 zero knowledge proof, the same family of proof systems the Zcash page explains from scratch. The proof takes four private inputs, the JWT, its randomness, your salt, and a maximum epoch after which the login expires. The chain verifies the proof against the public keys Google already publishes for its JWTs. It confirms that some valid Google login stands behind this address, and that the same salt which derived the address signed this transaction. It doesn't learn which Google account, which email, or anything else the JWT asserts. Google is never asked to approve a transaction and holds no custody of anything. The proof carries the authority. The identity claims stay off chain entirely.
The second half of the wall is gas, the small fee every transaction pays. Sponsored transactions make the gas payer a separate party from the sender, natively at the protocol level, so an application can pay for you. Services like Shinami exist just to operate that faucet at scale. Put the two together. A person signs in with an account they already have, clicks send, never sees a seed phrase, and never had to buy a coin to pay for their first action. Stack on Programmable Transaction Blocks, which bundle up to 1,024 Move calls into one all or nothing transaction, and multi step operations like swap then deposit then register become a single click that cannot half fail.
10What landed in 2025 and 2026
A protocol is a claim. A stack is evidence. This is what the fact sheet confirms has actually shipped, with dates, as of September 2026.
- 2024-09-02 SuiPlay0X1, a handheld gaming console built with Playtron for Web3 games, opened pre orders at $599, with units shipping through 2025.
- 2024-10-14 DeepBook V3, Sui's native central limit order book, launched on mainnet with the DEEP token, flash loans, and governance.
- 2025-03-27 Walrus, a separate decentralized blob storage network by Mysten Labs, reached mainnet.
- 2025-05-30 Sui Prover, a formal verifier developed by Asymptotic for Sui Move, became available as open source software.
- 2025-09-03 Seal reached mainnet with encryption and access control for data stored on Walrus, using policies enforced by Move contracts. Its newer decentralized MPC key server remained on testnet in March 2026.
- 2025-11-06 Mysticeti v2 rolled out across mainnet, as covered in section 5.
- 2026-02-24 The 21Shares spot SUI product, ticker TSUI, began trading on Nasdaq. Nasdaq approved its listing; this page does not describe that as SEC endorsement.
- 2026-05-20 Gasless stablecoin transfers began rolling out on mainnet, powered by Address Balances, an account style layer for plain payments.
- 2026-06-08 Confidential Transfers entered public beta on devnet. Balances and amounts can be hidden while sender, receiver, and scoped auditability remain available. The launch post targets testnet later and gives no mainnet date.
- 2026-07-04 A public experiment using programmable offchain tunnels peaked at 6,086,766 operations per second across games, payments, and chat. Channels settled to Sui mainnet when closed, so this was an offchain channel peak, not base layer TPS. The Sui Foundation report states that boundary directly.
The headline 6,086,766 figure above is an offchain channel peak, not sustained mainnet throughput. Closed channels settle their mutually signed result to Sui. That makes the experiment useful evidence for the channel design, but it cannot be compared directly with base layer transactions per second.
The money design underneath is worth one paragraph. Gas has separate computation and storage components. The storage component flows into the Storage Fund, which shifts storage rewards across epochs so future validators can be paid for retaining old data. Deleting eligible objects can return a storage rebate. These are protocol rules described in the Sui tokenomics paper, unlike market activity figures that change every day.
11Sui, Solana, Ethereum
The same question about order gets three answers, one from each chain.
| Ethereum | Solana | Sui | |
|---|---|---|---|
| State shape | accounts in one global trie | accounts under one global order | objects, each with an owner |
| What gets a total order | every transaction | every transaction | contending shared object traffic |
| A plain owned coin transfer | waits in the global sequence | waits in the global sequence | DAG integrated validation, no total order against unrelated state |
| Safety from | consensus on every step | consensus on every step | Mysticeti v2 DAG finalization, with serialization where state contends |
Ethereum and Solana expose one broad execution order. Solana's bet, the Proof of History clock described in its page here, is a hardware and pipeline bet on making that sequence run quickly. Sui's object model reveals when transactions are independent. Mysticeti v2 still finalizes them through its DAG, while avoiding a single serial execution queue for disjoint state.
The honest ledger has entries on both sides. Mysticeti's published production measurement put consensus commit latency near 400 ms after the 2024 rollout. The data model makes parallel execution natural because disjoint objects cannot interact. The onboarding path combines zkLogin and sponsored transactions. Against it, the chain is young. Mainnet has been live since May 2023. The validator set is a hundred plus rather than thousands. The 6 million headline came from offchain channels, not base layer demand. Shared state such as one order book still creates a serialization point. The object model also moves complexity into application design: developers must decide which state is owned, shared, or immutable.
The closing comparison refuses to crown a winner. The ranking depends entirely on what your transaction touches. If your ledger is a pile of property that changes hands, Sui's fast path fits the dependency pattern. If your transaction lives inside one hot pool with a thousand other traders, those writes still need serialization. The difference between chains then narrows to how fast their arbiters run. For the economics of paying validators to be those arbiters at all, read the proof of stake essay. For the chain that emphasizes one fast global order, the Solana page is next door.