Coinbase Cloud, one of the leading custodial solutions in the cryptocurrency industry, recently announced a new collaboration with Sui. This partnership allows Coinbase to provide developers with a non-custodial staking infrastructure to be integrated with their custodial solution. This offers developers the ability to offer staking services to its end users in a secure and trusted way.

The technology used in Sui’s gas price mechanism is the Gas Price Survey and the Tally Rules, designed to provide low, predictable transaction fees and hinder spikes in network fees that occur during times of high activity. To ensure a better performance in transactions, this blockchain is running two protocols: Move, developed by Facebook, and Aptos (APT).

The process ended with the mining of SUI tokens and their listing for trading on major exchanges, such as Binance, OKX, Huobi, Kucoin and Bitfinex. As of this writing, validators are staking up to 4.2 billion tokens, validated through more than 2,100 nodes located in the US, Germany, Eastern Europe and East Asia.

Sui’s collaboration with Coinbase Cloud has certainly been a big step forward for blockchain technology as non-custodial staking servers are becoming more accessible and can be integrated with custodial solutions. This opens a broad range of possibilities for developers and companies that wish to offer both, custodial and non-custodial services, while delivering a secure and reliable network to its users.



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