Interview with Sui Founder: Leaving Meta at 50 to Start a Business, How to Rebuild the 'Foundation' for the Internet
Evan Cheng, co-founder and CEO of Mysten Labs (the core developer behind the Sui blockchain), shares his journey from working at Apple and Meta to starting his own venture in his 50s. He left Meta’s Libra (Diem) project due to creative constraints and a desire to build foundational internet infrastructure tailored for automation and AI agents.
Cheng believes current web architecture is ill-suited for automation and aims to create a unified, efficient, and secure blockchain layer to support future automated interactions between humans, machines, and agents.
He addresses key industry challenges, including misconceptions about blockchain (e.g., the "blockchain trilemma"), technical immaturity, and fragmented privacy and security models. Sui tackles these with its object-centric architecture, integrated privacy features, and a full-stack approach that offers iOS-like developer convenience.
Sui has attracted major partners like CCP Games, who are building persistent, automated game economies on the network. Cheng also highlights DeepBook, Sui's native central limit order book, which acts as a shared liquidity hub to improve capital efficiency across DeFi applications.
Despite market’s volatility, Cheng remains focused on long-term goals, emphasizing real-world adoption and the need for robust, scalable infrastructure beyond short-term speculation.
marsbit03/05 02:59
