THE PROTOCOL: Sui as a Global Coordination Layer for Intelligent Assets

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4.7 • 698 Ratings

🗓️ 28 June 2024

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

Adeniyi Abiodun envisions a long-term goal for Sui to develop a decentralized web stack, leading to a fully decentralized internet infrastructure. Follow the show here for more. This installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk interview Adeniyi Abiodun, co-founder of Mysten Labs and the Sui blockchain,.They discuss the vision and goals of Sui as a global coordination layer for intelligent assets. Adeniyi highlights the importance of creating a blockchain accessible to developers outside the Web3 native community, focusing on usability and ease of adoption. He explains the differences between Sui and other blockchains, such as its object-based system and unlimited throughput, emphasizing Sui's potential in various industries, including gaming and AI, and the importance of bringing Web3 to Web2 users. Takeaways Sui aims to be a global coordination layer for intelligent assets, focusing on usability and accessibility for developers outside of the Web3 native community. The Sui blockchain differentiates itself with its object-based system and unlimited throughput, allowing for faster and more scalable transactions. Sui has applications in various industries, including gaming and AI, and aims to bring Web3 to Web2 users by providing seamless integration and improved user experiences. The upcoming release of Mysticeti, the new consensus engine, will further enhance the speed and efficiency of the Sui blockchain. The long-term vision of Sui is to build a decentralized web stack that encompasses various layers, including storage, bandwidth, and more, to create a fully decentralized internet infrastructure. Chapters | 00:00 Introduction and Background 02:20 Working at Facebook Meta 06:07 Comparison with Aptos and Move Language 09:21 SWE as the Blockchain for Developers 11:12 Differences between Move and Solidity 14:08 Bringing Web3 to Web2 20:07 Future Plans and Mississetti Consensus Engine 25:25 SWE's Vision: Coordination of Intelligent Assets 28:06 Asset Model and Non-Financial Applications 32:14 Importance of Mysticeti Consensus Engine - Sign Up for THE PROTOCOL NEWSLETTER EPISODE LINKS | Sui Mysten Labs Sui Concepts Overview Move Concepts | Sui Documentation - The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	dive deep into the blockchain realm with the protocol podcast with coin desk founding editor of the
0:10.0	protocol newsletter brad count and tech journalists sam kessler and margo nikirk they unravel the
0:16.4	intricate technologies powering cryptocurrencies like bitcoin and Ethereum, one block at a time.
0:22.7	Just a reminder, CoinDesk is a news source and does not provide investment advice.
0:31.1	Protocol podcast. I'm Brad Count here with my co-host Margo Nykirk. Sam Kessleressler is off this week we're excited to dive into
0:40.6	today's show with the latest news and developments and technology behind crypto and blockchains
0:45.6	first please do not forget to subscribe to our weekly newsletter the protocol on coin desk.com and
0:51.5	let's dive right into it uh today our our guest, Adni Abiodin, he is the co-founder and
0:59.8	chief product officer of Mistin Labs, which is behind the main developer behind the sui
1:08.5	blockchain, which is definitely one of the names that we keep
1:13.5	hearing more about. And I met Adani at Consensus a couple weeks ago. We had a really good
1:19.9	conversation. Welcome to the show, Adani. Thank you very much for having me, Toma, to be on.
1:25.9	Yeah. Well, you know, I think one of the super, the things I found super interesting about that
1:32.1	first conversation we had a couple of weeks ago, a consensus on the sidelines, was your,
1:38.6	some of your comments about what it was like to work in Facebook in the early team.
1:44.3	And let's get to that.
1:45.3	But I also was looking at your LinkedIn.
1:47.2	And you actually worked, had some engineering jobs at J.P. Morgan and HSBC earlier in your career in the early 2010s.
1:56.9	I'm curious, what was that like working at the big banks and any lessons from that?
2:03.2	Yeah, I've had the privilege of working on trading systems and algos for hedge funds and
2:08.8	investment banks for a lot of my career. And that was a time when I found about Bitcoin. And during
2:14.3	that time in JP Morgan, I actually realized how convoluted the whole financial
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