Data Network Abandons Independent Blockchain and Moves to Sui

Data Network, a project previously known as Story, has abandoned its independent blockchain and is transferring its AI training data protocol to the Sui network. This transition is accompanied by a $30 million investment from the Sui Foundation, although Data has stated that this investment is a separate part of the agreement between the two parties. The Trace registry, launched to record the provenance and licensing rights of AI training data, will join the Sui ecosystem. Additionally, Walrus, Sui's decentralized storage platform, will become the default storage layer for applications managed by the Data Foundation. A spokesperson for the Data Foundation stated that managing a dedicated blockchain for a specific application incurs costs for validators, network security, and infrastructure. They added that building storage infrastructure and access control independently means reconstructing capabilities that Sui has through Walrus and Seal. The current Data Network blockchain will remain active until the upgrade is completed, and the project has announced that it will publish a detailed timeline and asset transfer plan before migration.

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