Today at the #SUI learning conference in Bali, the sharing from the #SUI founder was incredibly insightful and strengthened my determination to hold #SUI. Long-time followers know that during this cycle, we have favored S-Class projects and have reaped substantial rewards. I remember leading the community to increase our holdings in #SUI when @SuiPlay was launched, and at that time, the coin price was under $1!

At the beginning of the learning conference, #SUI introduced the core team from #Facebook, expressing the regrets of the #Libra project and the great vision for the future of #SUI, which aims to provide inclusive financial services to billions of people using blockchain technology. Currently, #SUI is achieving this through extreme security, accessibility, and innovation.

Since the launch of the #SUI mainnet in the past two years, the strong growth in data has been evident to all, especially with the establishment of a solid ecosystem, as shown in 👇Image 2. During the learning conference, @WalrusProtocol impressed everyone with its trustworthy data layer logic born from the #AI era. Additionally, @DeepBookonSui, which focuses on the liquidity layer of the #SUI DEFI market, has shown remarkable growth.

Next was the financial password segment, where @EmanAbio introduced many upcoming projects in the future ecosystem, especially those highlighted in red in 👇Image 3, which are key areas worth paying attention to.

Finally, I found the most impressive demonstration to be the ability to provide transfer and payment functions without internet or signal, using solutions like SMS, Bluetooth, or satellite.

Typically, we need internet access for blockchain payments and data transmission because transactions must be broadcast to nodes for validation and packaging on the chain. But what if there is no internet (for example, in a blackout, basement, or on a plane)? #SUI proposed a completely new approach: allowing transactions to run "locally" first and then synchronize with the blockchain when the internet is available.

So how does #SUI achieve this? There are two key points:

1️⃣ Object Model (Object-centric)

In #SUI, assets are "objects," and each object has only one owner. If a transaction only involves objects owned by a single owner (for example, if I transfer an NFT or a certificate to you), there is no need for global consensus. Such transactions can be confirmed directly in a peer-to-peer manner, similar to "just sign it," without waiting for votes from all network nodes.

2️⃣ Offline Signing + Local Transmission

Even without internet, I can use my private key on my phone to sign and generate a "transaction certificate." This certificate can be directly transmitted to the other party via Bluetooth, NFC, QR code, or even sound waves. Once the other party receives it, they already "own" the object. When the internet is available, the certificate can be broadcast, and the status on the chain will be officially updated.

This model differs from ETH and BTC, which require global consensus where every transaction must be confirmed by all nodes. #SUI essentially allows transactions to be "pre-written checks" or "pre-transfers," enabling payments and transfers to be completed even without internet. Once online, this "check" will be officially recorded by the bank (blockchain). This solution brings significant convenience to many future payment and consumption scenarios. 🧐

Looking forward to more innovations from #SUI and its thriving ecosystem, we are very optimistic about the new alpha opportunities that #SUI will bring in the fields of #DEFI, payments, #RWA, and gaming! Let's look forward together! 😚

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