Project Updates

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The Deputy Chief Information Security Officer of Mysten Labs discusses the security of the Sui Blockchain. Recently, we had the privilege of having an in-depth conversation with Christian Thompson, the Deputy Chief Information Security Officer of Mysten Labs, discussing the interconnections of security practices, as well as his observations and evaluations of security practices for Sui developers. Responsibilities of a CISO in a technology company The Chief Information Security Officer (CISO) has a broad range of responsibilities and is crucial for protecting the security of the digital environment. The main tasks include: - Collect threat intelligence to gain insights into the thinking and behavior patterns of potential attackers. - Establish a defense system to promptly detect and respond to suspicious activities. - Covers multiple areas including cybersecurity, data management, risk assessment, architecture, compliance, and governance. - Protect internal team members, assess and manage the risks of team members The security of Sui Blockchain

Support for policies in the Crypto Assets field in the past week In the past week, the United States has consistently released positive policies in the Crypto Assets field, with the White House, SEC, CFTC, and Congress all advancing simultaneously, promoting the regulation and institutional development of digital assets to a more lenient stage.

The Foundation of the Web3 Trust System: Repeated Games and the Commitment to "Not Leaving" In the Web3 world, the concept of "immutability" is often viewed as the cornerstone of ultimate trust. However, this is merely an entry-level threshold. For the assets themselves, an immutable ledger is indeed sufficient to establish trust - for example, the total supply cap of 21 million Bitcoin lays the foundation of confidence in the blockchain world. The balance of an ERC20 token, ownership of an NFT, and the completion of cross-chain transfers are all credible as long as they are recorded on the chain, without the need to rely on human factors or emotional judgments. However, for business entities, financial institutions, protocols, and project parties, an immutable ledger is just a basic feature. What truly inspires trust is not just that it "cannot be changed", but more importantly, that it "cannot leave" and "is unwilling to leave". The path of trust in Web3 is not merely found in consensus mechanisms or nodes, but is embedded in various