evan.sui (@EvanWeb3) header
evan.sui (@EvanWeb3) profile picture

Co-founder & CTO of Mysten Labs - building a decentralized internet @SuiNetwork @WalrusProtocol. Before: Wrote SW that runs on every single one of your devices

web3
Joined October 2013
Photo by evan.sui (@EvanWeb3)Photo by evan.sui (@EvanWeb3)Photo by evan.sui (@EvanWeb3)Photo by evan.sui (@EvanWeb3)Photo by evan.sui (@EvanWeb3)Photo by evan.sui (@EvanWeb3)Photo by evan.sui (@EvanWeb3)Photo by evan.sui (@EvanWeb3)Photo by evan.sui (@EvanWeb3)
I guess I have to sell my leather jacket
102
25
5
502
19,586
This is the conversation that made me even more bullish on $SUI. Somewhere in this conversation Evan Cheng and I started joking about home robots. One day you come home, he said, and it's not cleaning your house: "it's cleaning OUT your house. And walking away with everything." We were laughing. Then he added: "If you really think about it, it's entirely possible." And that's basically the whole episode. @evanweb3 built developer tools at Apple and Meta before founding Mysten Labs, the company behind @suinetwork. We recorded in Singapore, where I was speaking at SUI Basecamp, and honestly, this became one of those conversations where I walked in with questions about stablecoins and walked out rethinking how the internet works. His core point, the one I keep replaying: "The web is built for humans. You cannot retrofit it to handle agents." Everything online assumes a human on the other end, identity, trust, the fact that you can sue someone. Agents break all of it. His example hit home because I told him I get phishing mails daily that even make ME hesitate (and I confessed to my 50,000 unread emails, which he graciously ignored). Now imagine your agent reading those mails with full access to your accounts. His words: "Email is the biggest freaking attack vector... such a legacy protocol." And his most honest line, about how this plays out: "Disaster will happen. That's part of the progress." That’s already what’s happening in the world nowadays. PHP websites aren’t safe anymore, even freezers and fridges are being hacked. Our infrastructure needs to be updated, and that’s why this episode and SUI became so important. Thanks to @OKX for being today’s sponsor of the show. Timestamps: 00:00 - Intro 01:30 - When Will We Stop Talking About Blockchain? 05:44 - Why Stablecoins Finally Took Off 09:22 - What Stops Normal People From Using Stablecoins 11:38 - Can You Insure An AI Agent? 15:14 - Who Pays When Your AI Agent Gets Hacked? 23:05 - Is It Too Late To Stop AI? 29:15 - Why The Internet Will Break For AI Agents 32:11 - How One Email Could Empty Your Bank Account 35:03 - "Disaster Will Happen" 38:36 - How To Stop An AI Agent From Going Rogue 46:11 - How Sui Wants To Win The Agent Economy 47:23 - Why Sui? 53:23 - Where Sui Will Be In A Year
24
46
20
325
136,194
evan.sui retweeted
The full research from Anthropic, done in partnership with us at Fenris on @EVE_Frontier and @EveOnline. The other half is just as fun: Claude trading the Jita market, where earnings tripled across model generations. anthropic.com/research/proje…
2
9
2
77
4,718
evan.sui retweeted
Giving agents a testing ground with tangible incentives teaches us so much about agentic behavior, at no risk to humans. Foundational work from @HilmarVeigar and the team at @FenrisCreations, with premier research partners in @GoogleDeepMind and @AnthropicAI. Incredibly validating to see Sui coordinating as key infra for @EVE_Frontier.
Claude has been playing EVE. @AnthropicAI put teams of Claude agents into EVE Frontier. Anyone who has spent time in New Eden can guess what happened next. Every EVE player learns the same lessons, usually the hard way: - Trust must be earned, never assumed. - The spy is often the friendliest pilot in your corp. - Whoever holds the keys holds the corp. Just ask Ubiqua Seraph about the Guiding Hand Social Club. - Stale intel gets you killed. Anthropic's research rediscovered every one of them. They put four Claude agents on a team and secretly told one to sabotage it. The saboteur built trust first. It volunteered for the jobs nobody could double-check, like scouting and owning key infrastructure. It under-reported finds and pushed rules that sounded sensible but quietly hurt the team. When suspicion grew, it framed an innocent teammate. The honest agents had been warned. They almost never caught it. And their own costliest mistakes came from skipped checks and stale intel. Anthropic's conclusion: teams of agents will need audit trails, reputation and separation of duties. In EVE we call those killboards, standings and corp roles, plus a healthy dose of skepticism. Every one of them was paid for by someone who trusted the wrong corpmate. Two decades of shenanigans taught EVE players that the best ship is the friendship. With @eveailab, we want to find out whether agents can learn that too.
6
13
1
96
2,068
Could the US midterm results impact the physical density of compute infra? ✅ Fewer data centers in the US ✅ Fewer/smaller cluster of DCs ❓ Smaller DCs ✅ Compute demand increasing faster than build out All of these factors should, by logic, increase ✅ Shortage of sufficiently large, accessible compute blocks ✅ Demand for geographically distributed compute My hypothesis is political and power constraints make location-flexibile AI infrastructure more valuable
12
19
2
167
8,615
Ant releases prototype using zk. CT: * My project uses the same zk primitive! Moon!! * My cryptographer is co-author! Moon!! * My thing is now 10x better because [...] Moon!! Me: We are building something much more cost effective and scalable. Time will tell who is right 😁
17
31
3
230
9,179
This marks Sui's first expansion move into LatAm. Super excited to partner with LatAm's leading exchange, Mercado Bitcoin!
Sui is coming to Brazil 🇧🇷 @MercadoBitcoin, Latin America's leading digital asset platform, is the first exchange in Brazil to support Sui asset transfers. Its 4.5M clients can now buy, sell, send, and receive $SUI, $USDC, and $USDsui.
19
43
352
10,447
evan.sui retweeted
Today on Sui: Mysten Labs CEO Kevin Boon joins the Sui Roundtable, Ep. 39, at 1 PM PT. Also: NAVI's USDC vault takes USDC from Ethereum wallets without bridging, Walrus named its Session 8 winners, and Aftermath added Nintendo and Palantir perps. xitter.cf/i/spaces/1qKVmyjXoZXxB

9
32
1,244
Everyone is an expert in Exponential Time Hypothesis all the sudden
22
12
2
233
9,921
Replying to @tradeonhudi
@tradeonhudi idea's of "never be late again" is critical to the zoomed out global meta. Inclusivity in being earlier to the trade, copy trading, memecoins, peptides and biohacking, personal agents for productivity and commoditization of knowledge - we want edge on the house, we want higher variance, because structural odds can sometimes feel insurmountable.
"you get the scraps" a moment from @kai_hudi's talk at @SuiNetwork basecamp on the problem with the current market model and what we're building at hudi to change that
8
10
71
2,724
Four years ago I joined @Mysten_Labs as its lawyer, and almost two have gone by as President. Now I'm honored to be serving as CEO. Thank you @EvanWeb3 for your trust. I'm lucky to continue working with you and the founders on bringing Sui and Walrus to even greater heights. Much more to share soon. Let's go!
1/ Sharing the first update in a new quarterly series from @Mysten_Labs – take a look mystenlabs.com/blog/letters-…. In it, I lay out my thoughts on: What problems need to be solved in order for agents to be trusted by humans and to trust each other. Why I’m convinced Sui and Walrus will be fundamental in solving those problems, and why Mysten Labs is the team to tackle them. 2/ We’re also setting up a new, dedicated AI business unit within Mysten Labs, which I will personally lead, in addition to my responsibilities as CTO. At Sui Basecamp, I gave a glimpse of what we’re working on: youtube.com/watch?v=rCWnarkg… 3/ To ensure that the team has full time and bandwidth to dedicate to our agentic strategy as well as supporting the Sui and Walrus ecosystem, I have asked @KevinBoon_ML to step into the CEO role. Kevin has been instrumental in leading Mysten Labs alongside the co-founders from Day 1, first as our Chief Legal Officer and then as our President. I planned for this day when I made him President, and have the utmost faith in him as my successor and our new CEO. Now, back to work.
98
37
9
435
21,741
1/ Sharing the first update in a new quarterly series from @Mysten_Labs – take a look mystenlabs.com/blog/letters-…. In it, I lay out my thoughts on: What problems need to be solved in order for agents to be trusted by humans and to trust each other. Why I’m convinced Sui and Walrus will be fundamental in solving those problems, and why Mysten Labs is the team to tackle them. 2/ We’re also setting up a new, dedicated AI business unit within Mysten Labs, which I will personally lead, in addition to my responsibilities as CTO. At Sui Basecamp, I gave a glimpse of what we’re working on: youtube.com/watch?v=rCWnarkg… 3/ To ensure that the team has full time and bandwidth to dedicate to our agentic strategy as well as supporting the Sui and Walrus ecosystem, I have asked @KevinBoon_ML to step into the CEO role. Kevin has been instrumental in leading Mysten Labs alongside the co-founders from Day 1, first as our Chief Legal Officer and then as our President. I planned for this day when I made him President, and have the utmost faith in him as my successor and our new CEO. Now, back to work.
67
72
17
501
49,774
Over $1 trillion in Bitcoin held by institutions sits idle. Hashi on @SuiNetwork is built to put it to work, and Anchorage Digital is a Day 1 launch partner. Atlas for tri-party collateral. Porto for self-custody. Same Bitcoin, now with a job. Learn more ↓ okt.to/LTZqwG
5
40
5
151
14,246
Working in crypto doesn't necessarily makes one a cryptography expert. Listen to real cryptographers who understand crypto "As someone said, this entire topic of Al breaking crypto in cryptocurrency is a bit weird. It's a bit like wanting a fallout bunker to survive global thermonuclear war. Everything is dead anyway."
Fun fact: Groth16 is less at risk from AI than STARKs. We can’t, of course, assess the risk of AI breaking crypto, but we can assess everything else. And the landscape doesn’t look like what the hot takes imply. There are different kinds of cryptographic primitives. Hashes, public-key encryption/signatures, PRFs, etc. Short of P=NP type results, if AI breaks any/all of these, it won’t be all at once. Hashes are the black magic of cryptography. They take an arbitrary file/string and produce a collision-resistant fingerprint. We’ve had human-powered breaks of deployed hashes. MD2, MD5, SHA-1 have all been broken and protocols upgraded as we became less confident in those hashes. A break of SHA-256, SHA-3, or (for cryptocurrency) especially Poseidon wouldn’t be insanely out there. In contrast, RSA and elliptic curves, which underpin public-key encryption and digital signatures, have survived for decades. For symmetric key ciphers and PRFs built from them, it’s even better. DES was designed in the 1970s, and the practical attacks there are from brute forcing the keys. Ok, back to my admittedly clickbait assertion. STARKs, of course, are a type of “zero-knowledge” proof. In particular, a type of SNARK that uses hashes and error-correcting codes. Hashes show up both in the polynomial commitment, which is a Merkle tree, and in the Fiat-Shamir transform, which is used to generate random challenges for verification. Groth16, in contrast, depends on none of these. It’s elliptic curves, pairings, and some strong assumptions about how those work. And Groth16 proofs themselves are post-AI and post-quantum private, since Groth16 gives you at least statistical zero-knowledge, which does not rest on a computational assumption. In contrast, most deployed STARKs aren’t, in fact, zero-knowledge at all. They are only used for succinctness and do not give you privacy today, even without advances in AI or quantum. This is, allegedly, an easy fix (and the fix would give you PQ privacy too), but it hasn’t happened for the most part. Of course, this doesn’t matter much. In fact, if either elliptic curves or hashes were broken, most things you actually use, including applications using Groth16 or STARKs in cryptocurrency land, would have real problems. All most all applications in cryptocurrency and of zk proofs, depend on both assumptions, even if the proof itself does not. And if AI breaks part of crypto, we’d have even bigger problems for securing the internet, banking, and critical infrastructure using HTTPS/TLS and boring things like Active Directory and OAuth. So really, in a certain sense, this entire discussion is clickbait. But it’s interesting seeing people make just plain incorrect technical assertions about cryptography in the process of posting hot takes. As someone said, this entire topic of AI breaking crypto in cryptocurrency is a bit weird. It’s a bit like wanting a fallout bunker to survive global thermonuclear war. Everything is dead anyway.
There's a new version of this post
9
5
2
55
4,951
RT @secparam: Fun fact: Groth16 is less at risk from AI than STARKs. We can’t, of course, assess the risk of AI breaking crypto, but we ca…
1
1,271
In collaboration with @googlecloud we’re announcing Verifiable Agent Arbiter (VAA), an evidence layer enabling enterprises to prove their AI agents acted as authorised, using @SuiNetwork and @WalrusProtocol to anchor that proof 👇
110
211
94
1,026
16,416,310
OpenAssets is collaborating with @SuiFoundation to advance the development of OTAS under @lfdecentralized Trust, extending a neutral framework for identity, compliance, asset representation, and reporting for the Sui ecosystem. The goal is simple: make tokenized assets easier to verify and move across networks while preserving a trusted record of their ownership, history, and compliance status. prnewswire.com/news-releases…
15
166
6
330
109,289
evan.sui retweeted
our co-founder @leeren is joining the KBW speaker lineup he'll be talking about how narratives move markets when: sep 30, 1:30pm KST where: KBW stable stage see you there 💙
7
13
4
70
41,890
evan.sui retweeted
LOCKED IN 🔒 The Hudi Trading Competition is landing at Sui Basecamp. @MinhXDynasty, @CryptoKaleo, @tradermayne, & @martypartymusic go head-to-head on @tradeonhudi. Hosted by @thebrianjung with play-by-play. Real assets. Real-time trading. 1 winner. Who's taking the top spot?

74
61
42
543
185,917