Decentralised networks are not anarchy networks

Description

Today, Sui network validators have ceased processing transaction requests from the individual responsible for stealing over $220 million worth of cryptocurrency from Cetus Protocol. Dr. Rasit Tavus, the founder and CEO of LegalBlock comments on the recent incidents on Sui.

Publish date

May 26, 2025 - 12:00am

Publisher

DL News

Related projects

SUI

Cetus Protocol

Referenced by

Validators on the Sui network are members of the SUI network partnership. When users interact with a blockchain — by transacting, paying for services, or relying on its security — they are entering into an implicit agreement with the network and its operators. Users inherently trust that the blockchain will protect their assets. That trust places a duty on validators and miners to maintain the network’s safety, which can be understood as a semi-custodial relationship.

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However, it is important to clarify that decentralisation does not equate to anarchy. Validators and miners are not passive observers; they hold real responsibilities in maintaining the integrity of the network.

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Was Sui's validator coordination a good emergency response or a concerning sign of centralization?

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