A Golden Finance report stated that the Sui Foundation announced the successful deployment of the Mysticeti testnet. The team mentioned that this is a new consensus protocol that can reduce the consensus time on Sui by 80% to 390 milliseconds, making it the fastest consensus layer in the industry. Mysticeti was developed through in-depth research on the Byzantine Fault Tolerant (BFT) consensus mechanism and represents the progress of Narwhal-Bullshark. Sui has introduced the consensus algorithm in its mainnet. This enhancement optimizes resource utilization, reduces developer complexity, and allows the Sui network to process tens of thousands of transactions per second, with a latency far below one second.