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Sui Mainnet Is Currently Down... Sui Network (Sui) officially reports a mainnet stall as the core development team investigates an ongoing technical outage. Transactions across the blockchain are currently paused while engineers work to identify and resolve the root cause of the block production failure.

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35,889 views • 2 months ago •via X (Twitter)

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Most $SUI holders know one thing about the token: total supply is capped at 10 billion. They have never read the mechanic that makes that cap matter. It is called the Storage Fund. And it is the most important thing in the $SUI tokenomics docs that nobody is talking about. Here is exactly how it works: Every time a transaction adds data to the Sui blockchain, the user pays a storage fee. That fee does not go to validators directly. It goes into the Storage Fund, a pool of SUI that never fully depletes. Here is where it gets interesting. The Storage Fund has its own stake in the network. It earns staking rewards the same way every other stakeholder does. Those rewards are then distributed to validators to compensate them for storing historical data. This solves a problem every other blockchain ignores: When a new validator joins Sui, they have to store all the historical data from transactions that happened before they existed. Why would a new validator pay to store someone else's old data? The Storage Fund pays them for it. Past users who created the storage requirements in the first place funded the pool. Future validators get compensated from that pool indefinitely. The fund pays out only the returns on its capital, never the principal. It cannot be drained. It is designed to survive forever. Now here is the part that directly connects to $SUI token value. The Sui docs state this explicitly: Deflation is a feature of Sui, not a bug. Here is why: Total supply is capped at 10 billion SUI. As network activity increases, more transactions are processed. More transactions mean more storage fees flowing into the Storage Fund. As the Storage Fund grows, it holds more SUI. More SUI held in the fund means less SUI in active circulation. Less circulating supply against the same or growing demand means the value of each SUI token increases. Network growth directly reduces circulating supply. That is not speculation. That is the economic model built into the protocol at the architecture level. One more detail worth knowing: If you delete data you stored on chain, you receive a partial refund of your original storage fees. The system charges for storage, rewards deletion, and compounds the fund's stake indefinitely. Most people holding $SUI today are pricing the speed narrative: The parallel transaction processing. The sub-second finality. The Move language safety. They have not started pricing the storage fund deflation mechanic. That gap between what the tokenomics actually does and what the market currently understands is where the long-term thesis lives. The people who read the docs always buy before the people who read the price.

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NEW TRAILER 🎬 Is Sui "The Apple of Web3"? The Fastest, Most Scalable Blockchain Ever! - Brian Rose with Kostas Chalkias 🚀🔥 Is Sui the game-changer Web3 has been waiting for? 🤯💡 With unparalleled speed, scalability, and innovation, could this be the Apple of blockchain? 🍏💎 In this mind-blowing interview, Brian Rose sits down with Kostas Chalkias to uncover: ⚡ Why Sui is the fastest blockchain ever built 🌍 How it’s revolutionizing scalability & decentralization 📈 What makes it different from Ethereum & Solana 🔮 The future of Web3 and how Sui fits in If you're serious about crypto, blockchain, and the future of finance, this is a must-watch! 🔥 Get ahead of the curve—watch now! 💰 🍿Watch The Full Episode: 💰 The Investment Club: 💰Crypto & DeFi Academy: #KostasChalkias #MystenLabs #SUI #SUINetwork #crypto #blockchain #Web3 #DeFi #BTC #bitcoin Sui Kostas Kryptos Ghaf Labs Ghaf Capital Partners
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NEW TRAILER 🎬 Is Sui "The Apple of Web3"? The Fastest, Most Scalable Blockchain Ever! - Brian Rose with Kostas Chalkias 🚀🔥 Is Sui the game-changer Web3 has been waiting for? 🤯💡 With unparalleled speed, scalability, and innovation, could this be the Apple of blockchain? 🍏💎 In this mind-blowing interview, Brian Rose sits down with Kostas Chalkias to uncover: ⚡ Why Sui is the fastest blockchain ever built 🌍 How it’s revolutionizing scalability & decentralization 📈 What makes it different from Ethereum & Solana 🔮 The future of Web3 and how Sui fits in If you're serious about crypto, blockchain, and the future of finance, this is a must-watch! 🔥 Get ahead of the curve—watch now! 💰 🍿Watch The Full Episode: 💰 The Investment Club: 💰Crypto & DeFi Academy: #KostasChalkias #MystenLabs #SUI #SUINetwork #crypto #blockchain #Web3 #DeFi #BTC #bitcoin Sui Kostas Kryptos Ghaf Labs Ghaf Capital Partners

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34,394 views • 1 year ago

3 years of Sui mainnet and we shipped what other chains said wasn't possible the next phase is going to be the most exciting in Sui's history this year alone we are bringing free & private payments a whole new class of financial primitives to DeepBook Protocol on Sui some really exciting AI use cases to Walrus 🦭/acc and so much more is in the pipeline LFG🚀
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3 years of Sui mainnet and we shipped what other chains said wasn't possible the next phase is going to be the most exciting in Sui's history this year alone we are bringing free & private payments a whole new class of financial primitives to DeepBook Protocol on Sui some really exciting AI use cases to Walrus 🦭/acc and so much more is in the pipeline LFG🚀

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27,374 views • 3 months ago