Rust is Layer 1 and is competing against EVM. Solana and SUI are converging. When will Polkadot catch up?

This is very much like Ethereum in the early days. Capital and miners helped it thrive, but eventually it rose in the west and fell in the east, becoming a mere tool.

Written by Zuo Ye

After Aptos and Sui, the two main players of the Move language, started building high-rise buildings respectively, the lack of ecology and the desolation of construction caused people to not understand for a long time why the Meta public chain, which was born with a silver spoon in its mouth, has fallen to this day and can only rely on “selling coins” Maintain a luxurious life.

Solend on Solana suddenly “settled” in the Sui public chain, which is famous as a “game chain” but does not actually have games. The principle is very simple, because they are all a family, and of course they must support each other. After all, the real danger is not each other. It’s the giant called Ethereum.

A scream from SUI: It is better to engage in DeFi than to engage in games

The joint fight against Ethereum is the current strategic offensive of the heterogeneous Alt Layer 1. It is aimed at the Ethereum ecosystem. A large group of public chains called EVM have built L1/L2/L3 like a stacked bed frame house, hoping to build high walls and He accumulated grain widely and formed a three-dimensional roller-style defense to maintain his throne.

At this time, Solend on Solana unexpectedly launched the Suilend loan product on Sui. There are two points that make people wonder why the projects on Solana did not choose to be compatible with EVM, but defected to the Sui (Move) ecosystem; secondly, Did Sui stop playing games and start working on DeFi?

To answer this question, let’s first look at the following two messages:

1. Solana’s lock-in volume exceeds US$1.5 billion
2. SUI lock-up volume exceeds US$200 million

Relationship between commonly used programming languages in blockchain

Image source: Chainlink Blog

In addition, to add some knowledge to everyone, (to put it loosely) Move is a variant of Rust. Solana said that the genetic relationship is similar to that of Qin and Zhao. Everyone is the Zhao family. There is no reproductive isolation and they can intermarry with each other. therefore:

1. The cost for Rust developers in the Solana ecosystem to migrate to Move-based public chains such as Sui is much smaller than moving to EVM;
2. The Move public chain is actually an all-round paradigm and is also following the path of high-performance L1. Facing Solana’s charge, Sui also has to help out;
3. Sui continues to release unlocking tokens. There are 4 million $SUI to be unlocked on the 31st of this month. Raising some first can always reduce some losses;

This is roughly the strategic offensive situation of the current public chain (L2) battle. Solana and others are actually from the same school. High-performance L1 is fighting against Ethereum L2, and has not yet reached the doorstep of Ethereum.

In the name of Move, implement Rust

Shenchao published an article yesterday, noting that parallel EVM will become the mainstream technology trend next year, and also cited former Polygon Lianchuang to prove it. I would like to point out that parallelism is not a new concept. It has been used in the computer field for a long time, and it is not a new concept for blockchain. , at least Sui focuses on parallel computing.

To simply understand, parallelism means diverting traffic when there is a traffic jam, whether it is widening lanes or building viaducts. With the latest technology, replacing fuel vehicles with electric smart vehicles and comprehensively optimizing route planning is also a new idea.

That’s it for the technical topic, but I just lament that Sui is parallel, one step ahead, and you become a prophet. Three steps ahead, you will be doomed. Technical leadership is indeed not as straightforward as pulling the market.

When I think of Sui, I think of the domestically produced Starcoin public chain with Move + PoW mechanism. This was an early pioneer in developing public chains using Move outside of Meta (Facebook). However, it failed to catch up with the raging wave and has now become a tear of the times. @ jolestar was once a member of Starcoin and hopes that Chinese people can make new achievements in the Move field.

Move is actually a variant of Rust. Nowadays, Solana and Sui have begun to join forces ecologically, but Aptos, Polkadot, and Cosmos have not yet caught up. If these public chains can jointly respond to the EVM ecosystem, Solana’s application space can be expanded, and Solana’s application space can also be expanded. It can supplement the mainstream projects in the industry for latecomers, without being crowded on Ethereum.

In the increasingly prosperous Alt L1 field, the first one to emerge was the first-generation Ethereum killer Polkadot, followed by Cosmos. However, the former was affected by the bizarre parachain auction, and the latter was promoted to the top and then pulled down by Luna-UST, but from then on In terms of technological evolution, they formed the early development paradigm of Rust until Solana stabilized its position.

Looking back at the early days of the Move language public chain, most people couldn’t understand why one language could become synonymous with many public chains. In fact, Move itself is a keyword of Rust, and it was not so much invented by Sui’s CTO Sam Blackshear. Move language, it is better to say that it transformed Rust.

It is worth mentioning that Huawei is also a sponsor of the Rust Foundation, and wonderful knowledge points were instantly connected. The layout and exploration of the Chinese people in the field of Rust was like getting up early and catching up late.

Where did Polkadot go?

The great alliance of Rust (Move) languages cannot be without Polkadot, but in this wave, Polkadot did not perform well. Perhaps Gavin Wood got rich too early and lost the motivation to move forward.

This question can be changed to: why only EVM has formed an ecosystem, but not the Rust system.

In the past, people would reflect on institutional issues, such as Rust being difficult to learn, the number of developers being small, the number of users and TVL being insufficient, project retention and user conversion rates being low, and other reasons.

But after Solana emerged, everything became very different.

It turns out that there is no big brother taking the lead. EVM has an absolute core and ballast. The excellence and excellence of Ethereum have created the second hard currency ETH in the industry, which has stabilized the developers of the EVM ecosystem and given them the patience to go through the cycle. , after several times of bull-bear transition, the rest of the ecology has either been merged or surpassed. This is the true face of everything. If you want others to say you can do it, you must first do it yourself.

Many Solana projects are native. Take DEX as an example. If you have used Raydium, you will definitely be amazed by its experience. A transaction of 1000 U is completed almost instantly, and the handling fee is approximately zero. In the face of absolute cheapness and efficiency , all the accusations against the computer room chain have disappeared. It is all PoS anyway, why not choose one that is fast and cheap?

So where did Polkadot go? Maybe he got lost in the big House.

Conclusion

It seems to be talking about Sui, but it is actually expressing the opportunities in Rust. We have captured it before. This is very much like the early Ethereum. Capital and miners helped it thrive, but in the end it rose in the west and fell in the east, becoming a pure tool man. .

I hope developers and capital can seize this wave of opportunities and build the future of Buidl!

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