This Schelling Point episode features a dynamic conversation between GSBN CEO Bertrand Chen, CTO Kirill Pavlov and Adeniyi Abiodun, Co-founder & Chief Product Officer of Mysten Labs. Adeniyi shares his personal journey from finance to the SUI blockchain network: a Web 3 infrastructure to enable Web 2 use cases.
The discussion dives deep into the lessons learned from Facebook’s Libra project, which aimed to make sending money as easy as sending an email but never made it to launch due to regulatory hurdles. Rather than replicating old frameworks developed at Facebook, Adeniyi and his 4 co-founders decided instead to start from scratch. Their first significant decision is to adopt an object-oriented approach for a new blockchain network, to ensure that their network is designed to scale for Web 2 use cases.
This seemingly simple technical decision solves one of the biggest drawbacks of blockchain engineering: blockspace scarcity. A network with infinite blockspaces enables true horizontal scalability, parallel transaction processing, making transaction costs cheap and predictable. This technical choice also makes development on SUI intuitive for developers and dramatically increases the potential talent pool which can build on top of SUI.
Adeniyi also shares his nuanced take on centralisation versus decentralization, emphasizing that it should be applied thoughtfully depending on each use case. The main benefit he sees for their approach is to offer true composability to drive adoption in sectors like Gaming, DeFi, and commerce.
This episode is an essential listen for anyone interested in learning the origin story of one of the most popular blockchain networks today and the design principles shaping a cost-efficient, composable and truly scalable blockchain network built for Web 2 use cases.
Want to listen to more of The Schelling Point?
🔗 Listen to Episode 7 with Eric Johnson: VCs burnt billions on Logistics Tech. Can AI save them? | Eric Johnson
🔗 Listen to Episode 11 with Jason Lau: Global Trade, Stablecoin, Genius Act | Don’t miss out on the Future of Money | Jason Lau OKX
📌 Don’t forget to like, subscribe, and hit the bell icon to stay updated on future episodes of The Schelling Point.
📬 For feedback or guest suggestions, drop us a comment or connect with us on LinkedIn https://hk.linkedin.com/company/gsbn
#GlobalTrade #TheSchellingPoint #Blockchain #SUI #AdeniyiAbiodun #Innovation #DigitalInfrastructure #ObjectOriented #Scalability #Web3 #DigitalEconomy #DeveloperExperience #Crypto #DigitalAssets #decentralisation
01:20 – From Finance to Crypto. Meet Adeniyi Abiodun.
03:40 – Inside Facebook’s Libra Product Team
05:03 – Why did Meta Abandon Libra ?
06:40 – SUI: Objects, Objects, Objects.
07:22 – Infinite Block Space: No More Crypto Congestion
09:03 – How to get to 300,000 TPS
15:30 – Walrus: Storing Data on chain at web2 cost
18:03 – SEAL: Private, Manageable Data on a Public Blockchain
21:20 – zKLogin: Who wants to use a wallet?
24:30 – DeepBook: a true centralized exchange experience onchain!
29:50- Nautilus: How to Run Private AI Models on Decentralized Data?
40:01 – Agentic Payments: One of the real use cases for stablecoins.
40:40 – SUI’s Grand Vision: a Truly Composable Internet
41:58 – 2026 & Beyond: Developers, Developers, Developers!
45:30 – SUI’s Founding Team: Silicon Valley Avengers