Ethereum's Tech Upgrade: A Catalyst for Soaring Success

Mysten Labs' CEO, Evan Cheng, believes that Ethereum is fundamentally flawed and that the current wave of crypto companies investing in Ethereum is a mistake. Cheng's blockchain, Sui, offers a programming language called Move that allows for faster, cheaper, and safer creation of decentralized applications. Sui's real-time asset updating feature could be a game changer, particularly for the video gaming community. Cheng aims to bring high-quality games onto Sui and has already signed up 30 development studios. Despite facing tough competition from Ethereum, Cheng's backers, including Andreesen Horowitz and Samsung, are betting on Sui's potential to disrupt the industry.