: : What Is the "Party Object" in Sui? Until now, Sui has categorized objects that define state or actors into three types: Owned, Shared, and Immutable. 1. "Owned" objects are tied to a specific user and are mainly used to represent personal assets. 2. "Shared" objects can be accessed by multiple users simultaneously, making them suitable for smart contract states that require concurrency control. 3. "Immutable" objects cannot be altered once created, making them ideal for metadata or rules where trust and permanence are essential. The newly introduced "Party" object combines some of elements of both Owned and Shared. It allows one or more actors to own an object, with its version controlled through consensus - at present, only single-address ownership is supported, while multi-ownership and more granular access control have yet to be implemented. Examples might include on-chain registries or escrow service operator objects. With Party objects, many business logics in Sui...
Party Objects are here on Sui mainnet!
Think of them as a new type of object that blends:
🔒 Control of owned objects
📑 Consensus versioning of shared objects
That means objects you can move between fastpath & consensus, with built-in versioning - and soon, multi-owner + granular permissions.
Learn more 👇
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