Sui Development Company Renames Sui Capys to SuiFrens and Tests Online

According to reports, Sui development company Mysten Labs tweeted that Sui Capys has been renamed SuiFrens and is currently testing online. Capys is now a member of the Sui Frens family. Previously, it was reported that Sui will be launched on the main network on May 3rd. In addition, the test network version has been updated to v0.32.0, with new features including adding a secondary index for the get Balances/Coins series endpoints (such as suix_getBalance) to improve query efficiency, adding DeepBook packages to the Sui Framework to allow Sui developers to build on DeepBook, and enabling new cost tables to calculate gas fees.

MystenLabs: Sui Capys renamed SuiFrens

Introduction

The cryptocurrency market has been abuzz with news of an update in the testing phase of Sui Capys – a decentralised cryptocurrency built on the Sui blockchain. According to reports, the Sui development company, Mysten Labs, has tweeted that Sui Capys has been renamed to SuiFrens and is currently undergoing online testing.

SuiFrens Joins the Sui Frens Family

The tweet by Mysten Labs also announced that SuiFrens is now a part of the Sui Frens family, which consists of various decentralised applications built on the Sui blockchain. This move is expected to strengthen the overall ecosystem of the Sui blockchain and promote the adoption of SuiFrens among users.

Launch Date Rescheduled

Previously, it was reported that Sui Capys was scheduled to be launched on the main network on May 3rd. However, with the name change and the new updates, the launch of SuiFrens may be delayed. Experts in the crypto space believe that the launches of new cryptocurrencies depend significantly on various factors, including the token’s network strength, adoption rate, and market demand.

Enhancements in the Test Network Version

In addition to the renaming update, the test network version of Sui Capys has been updated to v0.32.0. The new changes include adding a secondary index to the get Balances/Coins series endpoints (such as suix_getBalance) to improve query efficiency. This update will enhance the overall network speed and enable smoother transactions when using SuiFrens.

Building with DeepBook Packages

Another significant update in the Sui Framework is the addition of DeepBook packages, which will allow Sui developers to build on DeepBook. DeepBook is a python library that provides a user-friendly interface for accessing and manipulating blockchain data. This integration will provide developers with more resources to explore and build on top of the Sui blockchain.

New Cost Tables

The Sui blockchain protocol calculates gas fees based on the complexity and computational power of the transactions. In the latest update, new cost tables have been enabled to calculate gas fees, ensuring more transparent and cost-effective transactions. This feature will make SuiFrens a more accessible and user-friendly cryptocurrency for general use by average consumers and businesses around the world.

Conclusion

The rebranding of Sui Capys to SuiFrens and its addition to the Sui Frens family is a significant step towards promoting the Sui blockchain’s decentralised applications. The integration of DeepBook and the addition of new cost tables will allow developers to build innovative applications on the futuristic platform, while improving the overall transaction speed, ensuring better efficiency, and transparency.
# FAQs

Q1. What is SuiFrens?

SuiFrens is a decentralised cryptocurrency built on the Sui blockchain.

Q2. Why was Sui Capys renamed to SuiFrens?

Mysten Labs, the Sui development company, announced that Sui Capys has been renamed to SuiFrens and is now a part of the Sui Frens family of decentralised applications.

Q3. What are the new updates in Sui Capys?

The new updates include adding a secondary index to improve query efficiency, integrating DeepBook packages for developers, and enabling new cost tables to calculate gas fees in a more transparent and cost-effective manner.