TLDR:
- Market vision: A Stripe report cited in the ecosystem projects that the Artificial Intelligence agent economy will require 1 billion transactions per second globally.
- Current infrastructure: No operational blockchain network in today’s market processes a volume anywhere near the demand estimated by the tech industry.
- Technical launch: Mysten Labs projects the release of a software development kit (SDK) designed to enable on-chain payments with no transaction costs.
The co-founder and Chief Product Officer of Mysten Labs, Eman Abio, stated that the foundational economic design assumptions in the crypto industry have structural flaws and explained how the Sui network aims to replace such models.
AI agents will automate everything in…
