1. Importance of Consistent Documentation

Kostas emphasized that many blockchain projects fail to update their documentation in alignment with their white papers. He pointed out that continuous iteration of white papers and clear documentation is essential for guiding developers and users through the evolving landscape of blockchain technology. By ensuring consistent documentation, Sui is aiming to simplify the onboarding process for new developers and users, thereby fostering greater adoption.

2. The Role of AI in Blockchain

Kostas proposed that artificial intelligence could serve as a bridge between various blockchains, enhancing interoperability and efficiency. He believes that AI can identify vulnerabilities in smart contracts and blockchain systems that may go unnoticed by human developers. By integrating AI into blockchain discussions, new opportunities for innovation and security enhancements can be unlocked, making it a crucial component of future developments.

3. Real-World Applications of Blockchain Technology

Kostas noted that blockchain applications extend beyond financial assets to include tangible real-world sectors such as energy and tourism. He mentioned the potential transformations in industries like government services and education, where ownership can be tracked through blockchain technology. By creating NFTs for university certificates, for instance, it could change the way credentials are verified, adding a layer of security and transparency.

4. Innovations for Accessibility in Blockchain

Kostas highlighted the necessity of making blockchain more accessible to the general public. He mentioned that a significantly larger number of developers are familiar with Web 2.0 technologies compared to those proficient in blockchain programming. To bridge this gap, he emphasized the importance of user-friendly onboarding processes, such as one-click account creation using existing social media logins, to simplify user interactions with blockchain.

5. The Concept of Decentralized Storage Systems

Kostas introduced a new storage solution designed to work seamlessly with blockchain networks, which he refers to as “Walrus.” This solution aims to ensure a more efficient and decentralized approach to data storage by minimizing latency and optimizing routing within blockchain transactions. He believes that this would enable applications such as streaming services to operate directly on blockchain networks, further pushing the boundaries of what blockchain can accomplish.