Sui plans to launch a new model of compressed mnemonic format, which can reduce 12 words to 8 words

On October 26th, Mysten Labs co-founder and chief cryptographer Kostas Chalkias tweeted that Sui will launch a new mode of compressed mnemonic phrases, which can reduce 12 words to 8 words without losing entropy. They will also provide an API to achieve the conversion and reverse conversion from 12 words to 8 words. The algorithm, dictionary, and API will be released soon and are currently receiving feedback and improvements.