lianyanshe

When ETH's market value exceeded Alibaba's, I bought Alibaba. At that time, ETH was still over three thousand dollars, and Alibaba was less than 100 dollars. In the past couple of days, E Guardian has raised its head, pulling up a big stick of 20cm, but now ETH is just over two thousand dollars, and Alibaba is $125.

I no longer believe in the story of Ethereum as a world computer; I've kept 1 ETH as a family heirloom. The global direction of web3 ultimately depends on its commercialization capability, and ETH will inevitably be surpassed by BNB, SOL, and Sui. The Ethereum Foundation lacks this operational capability; they only sell coins, and all profits rely on contributions from Ethereum's believers. Every time it declines, it’s so miserable. V Dog, as the leader, is unqualified, and the brainwashing efforts need to be strengthened. Otherwise, why do so many people sell when it rises? There’s no faith at all. Every time the Ethereum Foundation keeps selling coins, they are shocking these believers; they should wake up.

This time, when ETH rises, if you don’t run, will you keep it as a family heirloom?

Bitcoin has surpassed Google in the global asset rankings, now ranking fifth globally, but I'm not suggesting you should buy BTC now; rather, Google has reached a good hitting point.

Recently, Google has plummeted due to Apple considering to incorporate more AI search, and its current price-to-earnings ratio is now the lowest among the seven major US tech giants.

AI's impact is greatest in three areas: advertising, finance, and gaming. These are the three areas closest to money. AppLovin (APP) successfully reached a valuation of 100 billion dollars by relying on AI-optimized advertising algorithms. Clearly, for Google, optimizing existing ad placements is more important than its share in the search market.

Based on several major logics, Google is not yet at the point of being sentenced to death; rather, it could potentially see a significant increase in revenue due to AI.
1. In the field of AI, Google is not weak, with ratings second only to OpenAI.
2. Google has products like Search, Maps, YouTube, and Android, accumulating a vast amount of user and behavioral data. In the era of AI, data is gold, and the potential for utilization is enormous.
3. Search advertising revenue has not decreased due to the reduction in market share; revenue has exceeded past financial reports.

So unlucky, after finally getting a lucky last digit of 6 for an airdrop, I only ended up with 45U, and 23U was taken away by V Dog 🤡

《Decoding Sui 'Trio': The Innovative Path of Web3 Infrastructure》，Sui's three core native infrastructure components (Walrus, Seal, and Nautilus) and their key points in addressing practical applications of Web3: The original content is from @Kyrie_DeFi, interpreted and illustrated by @lianyanshe.

A visual guide to understanding Sui's Web3 innovation journey.
Below is a detailed introduction👇

Why has Ethereum been in a continuous decline? Because Ethereum has already lost its growth and is not generating more revenue; its share in the public chain has been constantly eroded.

Ethereum is currently in a state of inflation, so your held assets are continuously being diluted. To understand it in terms of stocks, when a company has lost its growth, future revenues will also decrease, and its market share is continuously declining.

At this time, if the company is still issuing more shares for financing and the board of directors occasionally sells shares in the market, honestly, would you really buy such a company? Or are you thinking about BlackRock coming in to take over?

The current ETH is suitable to be kept as a family heirloom, proudly saying I bought ETH above 4000; can you say that’s impressive or not?

Walrus: In-Depth Analysis of Next-Generation Decentralized Storage Protocol and Commercial Application Cases

1️⃣ Introduction:
With the popularization of blockchain technology, on-chain data is growing explosively. Taking Bitcoin and Ethereum as examples, the former has reached 650GB of on-chain data, while Ethereum's archive nodes are as high as 21.2TB. Currently, most incentive mechanisms still only focus on computational resources, neglecting storage incentives.

The Sui network addresses this pain point by designing a 'Storage Fund', which collects user storage fees in advance and returns them to validators in installments, incentivizing long-term data availability and encouraging users to delete unnecessary data to reduce the burden on the entire network.

2️⃣ Walrus - A Decentralized Storage Protocol Designed for Large-Scale Data @Walrus_CN

In on-chain storage, transaction data is usually small in size and crucial for state computation, and must be fully preserved by each node. However, large Blob data such as images, videos, and documents do not need to be redundantly stored by every node in the network. To this end, Mysten Labs has introduced the Walrus protocol, designed for the decentralized and efficient storage of large files, which is their biggest bet this year.

In March 2025, the Walrus Foundation completed $140 million in financing, with investors including top crypto funds like a16z crypto, Standard Crypto, and Electric Capital, reflecting the capital market's high recognition of its technology and commercial prospects. Walrus is deeply integrated with the Sui ecosystem and will further incentivize ecosystem development through the $WAL token in the future.

3️⃣ Core Technologies and Innovations of Walrus
🔸 Non-Blockchain Architecture: Walrus itself is not a blockchain but utilizes the Sui network to manage storage nodes, incentive distribution, and metadata on-chain.
🔸 Efficient Encoding Mechanism: It uses the 'Red Stuff' two-dimensional erasure code to split large files into 'slivers' and 'symbols', distributed across nodes, achieving a redundancy replication rate of 4-5 times, significantly reducing storage and recovery costs.
🔸 Compatibility with Traditional Systems: It supports CLI, SDK, and HTTP interfaces, allowing seamless integration with traditional content distribution networks such as caching and CDN, achieving low latency and high availability.
🔸 Incentives and Lifecycle Management: Based on Sui smart contracts, it implements node lifecycle management and incentive distribution, ensuring long-term data availability.

Comparison with Current Mainstream Storage Protocols

4️⃣ Commercial Application Cases
1. NFT and Digital Art Certification
Solving the problem of NFT 'losing images' due to traditional IPFS nodes going offline.

2. Decentralized AI Training Data Storage
AI model training requires massive high-quality datasets, and Walrus can provide AI companies with secure, low-cost, and verifiable data storage infrastructure, ensuring data integrity and traceability, supporting transparent training and compliance auditing of AI models.

3. Web3 Content Distribution and Decentralized Frontend
Decentralized applications (dApps) can host frontend code, static resources, and more on Walrus, combined with CDN acceleration to achieve censorship resistance and globally high availability for Web3 content distribution networks.

4. Rollup Chains and Layer 2 Scalability Data Archiving
Layer 2 rollup chains need to regularly archive transaction batch data (blobs), and Walrus can provide efficient and low-cost storage solutions, enhancing data availability guarantees for main chains like Ethereum.

5️⃣ WAL's Economic Model: Sustainable Incentives and Community First
Walrus builds a self-driven ecosystem through token economics and staking mechanisms:
• WAL Token Functions:
🔹 Payment: Users pay storage fees with WAL, distributed to nodes on an epoch basis.
🔹 Staking and Security: Nodes stake WAL to participate in storage, and malicious behavior will lead to penalties.
🔹 Governance: Token holders vote to determine protocol parameters, such as penalty ratios and recovery rules.

• Token Distribution:
- Total supply 5 billion, with community reserves accounting for 43%, airdrop for 10% (priority for mainnet users), and only 7% for investors, highlighting the community-driven concept. The initial airdrop of $WAL is 4%, with another 6% reserved for future community incentives.

• Economic Incentives:
• Nodes distribute storage tasks based on staking ratios, with rewards linked to contributions; users can receive refunds for deleting redundant data, reducing network load.

6️⃣ Ecological Synergy: The Multiplier Effect of the Sui Network
Walrus is deeply integrated with Sui, forming a complementary technology
• On-Chain and Off-Chain Collaboration: Metadata on-chain ensures verifiability, while Blob data off-chain storage improves efficiency.
• Cross-Chain Value Capture: The use of Walrus creates external demand for SUI tokens, enhancing the ecological value network.

7️⃣ Competitive Advantages of Walrus
• Technical Barriers: The efficient recovery capability of Red Stuff has no competitive products to rival.
• First-Mover Advantage in Ecosystem: Leveraging Sui's mature developer community and Mysten Labs' technological reserves, a diverse application ecosystem has been built.
• Market Positioning: Aiming at the blue ocean of unstructured data, filling the demand gap between Filecoin and Arweave.

8️⃣ Conclusion: Reshaping Internet Storage
Walrus is not only the infrastructure of the Sui ecosystem but also a paradigm shift in the decentralized storage field. With extreme cost advantages, smart contract friendliness, and strong ecological incentives, it provides a future-oriented decentralized storage solution for Web3 and the broader digital economy.

Providing an efficient, economical, and verifiable large-scale data storage infrastructure for the Web3 world. It demonstrates strong commercial potential in scenarios such as NFTs, AI, decentralized content distribution, and Layer 2 data archiving.

#WAL

Today, Suiplay's presentation was fantastic, delving into the gaming sector, a market with a scale of hundreds of billions.

Core Theme

The strategic planning of hardware devices, blockchain technology integration, and the new stablecoin Game Dollar surrounding the Playtron gaming ecosystem aims to enhance user experience through technological innovation and build a decentralized gaming economy.

Key Content Breakdown

1. Hardware Device Strategy

• Target User Coverage: Plans to reach 3.3 billion users through multi-form devices (such as handheld devices, TV set-top boxes) by 2030, emphasizing portability and high performance.

• Device Performance:

◦ Suiplay: A handheld device launched in the summer of 2023, supporting PC-level games (such as Cyberpunk 2077), outperforming the Nintendo Switch, supporting 4K streaming, and cross-platform game library integration (Steam, Epic, etc.).

◦ Technical Advantages: Low power consumption, high-definition display, and expandable functionality with external devices.

2. Blockchain and Payment Innovation

• Pain Point Solution: Traditional game payments have friction (such as regional restrictions, high fees) and need to achieve borderless payments and user incentives through blockchain technology.

• Game Dollar Stablecoin:

◦ Customized Economic Model: Co-development allows developers to customize token behavior (such as discounts, loyalty rewards, revenue sharing).

◦ Application Scenarios:

▪ Player Incentives: Providing in-game discounts through Game Dollar (for example, a game priced at $50 is only 45 Game Dollars), and cross-market asset trading.

▪ Developer Empowerment: Medium and small game developers can aggregate multiple market values, reducing user acquisition costs and improving retention.

◦ Compliance and Expansion: Plans to migrate to the Sui blockchain to support more decentralized use cases.

3. Operating System and Ecosystem Integration

• Playtron OS: A customized system based on Linux, integrating multiple game stores (Steam, Epic), supporting players to synchronize game libraries, friend lists, and social functions across platforms.

• Developer Support: Providing SDKs and interfaces, allowing seamless integration of Game Dollar and on-chain asset functionalities.

4. Market Vision

• Disrupting Traditional Models: Challenging the closed ecosystems of iOS/Android app stores, promoting an open market (such as supporting third-party app stores to use Game Dollar for settlement).

• Mainstream Path: Promoting the adoption of cryptocurrency in the mass market by lowering user entry barriers (such as gas-free login) and enhancing gaming fun.

Technical Partners

• Providing stablecoin underlying protocols to support developers in creating ‘application-specific digital dollars’ (such as Game Dollar), separating dollar value from usage rules to achieve flexible economic designs.

• Sui Blockchain: A high-performance public chain that will support on-chain transactions and smart contract functions of Game Dollar in the future.

Summary

Playtron builds a decentralized gaming ecosystem through a three-layer strategy of hardware + operating system + blockchain economy: high-performance devices lower the user entry barrier, the customized stablecoin Game Dollar reshapes in-game payments and incentives, and the open platform attracts developers and third-party market participation. The goal is to seamlessly integrate cryptocurrency technology into mainstream gaming scenarios, ultimately driving the large-scale adoption of the Web3 gaming economy.