Blockchain

Sui Builders Now to Run on AWS Blockchain Node Runners

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    Grand Cayman, Cayman Islands, July 23rd, 2024, Chainwire

     

    Sui joins an exclusive list of AWS-integrated blockchains

    Sui Foundation, the organization dedicated to the advancement and adoption of the layer 1 blockchain of the same name, today announced the integration of Amazon Web Service’s (AWS) Blockchain Node Runners on Sui, providing developers with a self-managed node deployment solution.

    Through this integration, builders on Sui will be able to easily set up and deploy Sui full nodes within the AWS environment, benefitting from the high availability, scalability, and reliability of AWS’s robust cloud infrastructure. AWS Blockchain Node Runners simplifies the process of running blockchain nodes, allowing users to easily deploy, scale, manage, and monitor secure blockchain nodes. As of today, Navi, a leading liquidity protocol, will be engaged as a Node Runner user to deploy full nodes on Sui.

    Kathryn Van Nuys, Global Head of Startups in Specialized Segments at AWS, said, “AWS Blockchain Node Runners was designed to support builders at all stages of the application lifecycle, offering blueprints to meet specific requirements, from enhanced security and compliance to ease of deployment and monitoring. We are excited to bring these and other features to empower developers to deploy and manage Sui nodes on the AWS cloud.”

    Node Runners offers several key technical advantages for deploying blockchain nodes. It provides validated, best-practice deployment templates for scalable node operations across multiple geographies. High availability is ensured through multi-node deployment options across different availability zones. The deployment code is fully open-source and available on GitHub, allowing users to review it before deployment. Integrated with the AWS Well-Architected Framework, Node Runners helps organizations build secure, high-performing, resilient, and efficient node infrastructures. Full nodes on Sui validate on-chain activities such as transactions, checkpoints, and epoch changes, as well as store the stake and history to better service client queries. By offloading query servicing from validator nodes, validators are able to focus on transaction processing and updates to the nodes when new transactions are completed.

    Navi, a leading liquidity on Sui, is one of the first users to engage with Node Runners on Sui, and have deployed their first node via AWS’s service as of today.

    As part of AWS and Sui Foundation’s commitment to empowering Sui builders, developers and startups who utilize AWS Blockchain Node Runners or are building on Sui may be eligible for up to $5,000 in Activate credits. Sui Foundation has also joined the AWS Web3 Provider program, which offers access to tools, resources, content, and credits to Sui developers

    Henrik Johansson, Global Head of Community at Sui Foundation, said, “The integration of AWS Node Runners on Sui marks a pivotal advancement to enhancing blockchain infrastructure. Sui nodes are fundamental to the operation and accessibility of Sui. This integration with AWS not only provides developers with more tools to simplify node deployment but also financial support to utilize and develop on AWS.”

    For more information on utilizing AWS Blockchain Node Runners on Sui, users can visit https://aws-samples.github.io/aws-blockchain-node-runners/docs/Blueprints/Sui.

     

    Contact

    Sui Foundation
    [email protected]

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    Snutx Invests in the Future: Launching $200 Million Fund to Foster Cryptocurrency Technology Development

    2024-10-03T11:16:09Z

    NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Snutx Venture Capital, the venture capital arm of Snutx Cryptocurrency Exchange, has launched a $200 million funding program targeting core technologies poised to transform the traditional financial sector. This initiative focuses on the cryptocurrency trading market, payment system technologies, and innovative AI startups integrating cryptocurrency and blockchain.

    This substantial investment reflects Snutx's strong confidence in and commitment to the future of financial technology development. By identifying and supporting innovative projects, Snutx aims to catalyze technological revolutions that will accelerate the widespread adoption of cryptocurrency and blockchain technologies. These technologies are increasingly becoming integral to global payment systems and the evolving structures of financial markets.

    Snutx Venture Capital’s investment strategy is centered on discovering and funding enterprises capable of disrupting traditional financial models through technological innovation. Cryptocurrency and blockchain technologies hold tremendous potential for enhancing transaction efficiency, reducing costs, and improving security within the financial system. By investing in these startups, Snutx not only fosters technological advancement but also creates new growth opportunities for its own business and reinforces its market leadership.

    Collaborating with these startups positions Snutx at the forefront of technological innovation and allows it to capitalize on opportunities in emerging markets. This strategic approach not only strengthens the platform's market position but also enhances its competitiveness in the rapidly evolving global fintech landscape.

    Particularly in the field of artificial intelligence, Snutx Venture Capital is keen on solutions that optimize cryptocurrency trading and management processes. These technological integrations aim to provide users with a faster, smarter, and safer service experience, which is crucial in today’s fast-paced digital economy. Investing in transformative technologies aligns with Snutx’s long-term strategic goals and propels significant industrial development.

    These investment activities enhance Snutx's competitiveness in technology innovation and financial services while contributing positively to the long-term growth of the cryptocurrency market. Through this funding initiative, Snutx deepens its market impact and sets new benchmarks for future trends. By investing in cutting-edge cryptocurrency technologies and promising AI startups, Snutx reinforces its capability to deliver a safer, more advanced trading experience. As the market continues to evolve and technology advances, Snutx is poised to maintain its significant influence in the global cryptocurrency and fintech sectors, driving forward innovation and growth.

    CONTACT: Media Contact
Felix Bauer: [email protected]

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