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Imagine getting paid to charge your electric car. That future is here. DLP Labs, a specialist in electric vehicle (EV) data, is launching a groundbreaking rewards system built on the Sui blockchain. This initiative transforms everyday drivers into active participants in a smarter energy grid, all while earning tangible benefits. Let’s explore how this fusion of mobility and Web3 technology works. How Does the Sui Blockchain Power This EV Revolution? The Sui blockchain serves as the secure, transparent backbone for this new ecosystem. DLP Labs will utilize the Walrus (WAL) protocol on Sui to manage a critical asset: your vehicle’s data. Walrus provides a secure, decentralized storage solution, ensuring your driving and charging information remains private and tamper-proof. In return for contributing this data, the system compensates drivers directly. This creates a fair exchange, moving beyond traditional models where data is often taken without clear user benefit. What Rewards Can EV Drivers Actually Earn? This isn’t just about abstract points. The system is designed to deliver real, actionable value to drivers and the environment. Here are the core ways participants can benefit: Cost Reduction: Earn rewards for charging during off-peak hours, which lowers strain on the power grid and can reduce your electricity bill. Grid Support Rewards: Get compensated for actions that stabilize the energy network, like delaying a charge or discharging power back to the grid (vehicle-to-grid). Carbon Credit Generation: Your sustainable driving and charging habits can generate verifiable carbon credits on the Sui blockchain, creating a new environmental asset. Therefore, your EV becomes more than just transport; it’s a tool for earning and contributing to a greener planet. Why Is the Sui Blockchain the Right Choice for This? Blockchain projects live or die by their ability to handle real-world use. The Sui blockchain offers specific advantages crucial for a system involving millions of data points and micro-transactions. Its high throughput and low latency mean reward payouts can be fast and efficient, avoiding network congestion. Moreover, its object-centric model and secure programming language, Move, are ideal for managing unique digital assets like carbon credits and driver profiles with clear ownership rules. What Are the Challenges and the Bigger Picture? Of course, pioneering technology faces hurdles. Mainstream adoption requires simplifying the user experience so drivers don’t need to understand blockchain intricacies. Regulatory clarity around data ownership and tokenized rewards is also evolving. However, the potential is transformative. This model paves the way for a decentralized energy economy where individuals are empowered participants, not just consumers. Conclusion: A Compelling Step Towards a Sustainable Web3 Future DLP Labs’ move onto the Sui blockchain is more than a niche tech story. It’s a compelling blueprint for how blockchain can create tangible, positive incentives in the physical world. By rewarding sustainable behavior with digital assets on a secure ledger, it aligns individual profit with planetary health. This project could accelerate EV adoption and demonstrate a powerful, practical use case for blockchain far beyond speculation. Frequently Asked Questions (FAQs) Q: Do I need to own cryptocurrency or understand blockchain to participate?A: Ideally, the user interface will be designed for simplicity. You might not need direct crypto knowledge, similar to how you don’t need to understand HTTP to browse the web. The rewards would be managed through an app. Q: Is my driving data safe on the Sui blockchain?A The system uses protocols like Walrus for secure, encrypted storage. The Sui blockchain provides transparency and security for transactions, but sensitive personal data is typically stored off-chain or in a highly encrypted manner, with you controlling access. Q: What can I do with the rewards I earn?A Rewards, likely in the form of SUI tokens or other digital assets, could be used to pay for charging, converted to other cryptocurrencies, or potentially traded for traditional currency on exchanges. Q: When will this rewards system be available to all EV drivers?A The announcement is the launch phase. Widespread availability will depend on partnerships with charging networks, automakers, and regional rollout plans. Follow DLP Labs and Sui Network for updates. Q: How does this help the environment beyond just driving an EV?A By incentivizing off-peak charging and grid support, it helps integrate more renewable energy (like solar and wind) into the grid, reducing reliance on fossil-fuel power plants during peak times. Found this fusion of electric vehicles and blockchain rewards fascinating? Share this article on your social media to spark a conversation about the future of sustainable technology and decentralized incentives! To learn more about the latest trends in blockchain utility and real-world applications, explore our article on key developments shaping the future of decentralized technology and institutional adoption. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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Today’s Outlook 1、Bank of Japan Governor Kazuo Ueda signaled a rate hike, saying the inflation trend is approaching the target. 2、Spot silver broke above $57/oz for the first time in history, rising 1.34% intraday. 3、Kevin Hassett: Would be very willing to serve as Fed Chair if nominated by Trump. Macro & Hot Topics. 1、U.S. President Donald Trump: “I know who I will choose as the next Fed Chair, and I will announce it soon.” 2、Wallstreetcn: Goldman Sachs FICC analysts believe that a rate cut at the upcoming December Fed meeting is essentially a done deal. 3、Economic analyst Timothy Peterson: Bitcoin’s current trend is highly similar to the 2022 bear market. On both daily and monthly charts, BTC’s 2024 correlation with 2022 is 80% and 98%, respectively. If history repeats, the real recovery may not come until Q1 next year. Market Trends 1、The crypto market saw $546 million in liquidations in the past 24 hours, including $478 million in long liquidations. BTC liquidations reached $156 million, ETH $141 million, SOL $31 million, and ZEC $15 million. 2、U.S. stocks: Dow +0.61%, S&P 500 +0.54%, Nasdaq +0.65%. 3、Bitget BTC/USDT liquidation map: BTC’s current price of $87,337 is near the lower edge of the dense long high-leverage zone. If price falls further, longs in the $87,100–$88,000 range face concentrated liquidation risk. A breakout above $88,400–$92,500 could trigger consecutive short liquidations and push the market upward. 4、In the past 24 hours, BTC spot inflows totaled $663 million, outflows $839 million, resulting in a net outflow of $176 million. News 1、Tether CEO: S&P may be intentionally targeting Tether; current U.S. Treasury holdings generate about $500 million in monthly yield. 2、Strategy CEO: Will only sell Bitcoin if mNAV falls below 1 and no new capital comes in. 3、Vitalik Buterin: Hopes Zcash can resist the “dark force” of token voting; token voting is bad in every way and even worse than Zcash’s current situation. If ordinary token holders control governance, privacy will inevitably erode over time. Project Updates 1、Grayscale filed an amended S-1 for the LINK Trust; the spot Chainlink ETF is expected to launch this week. 2、Telegram founder Pavel Durov: Cocoon — a decentralized confidential computing network built on TON and the Telegram ecosystem — has officially launched. Initial AI requests have been processed through Cocoon with 100% privacy protection. 3、Rayls is conducting its TGE today. 4、Yesterday, Michael Saylor posted another Bitcoin Tracker update; accumulation data may be disclosed next week. 5、OracleX, a prediction market rebuilt on Proof-of-Behavior Contribution, begins global public testing on December 1. 6、Sui (SUI) unlocked about 55.54 million tokens today, accounting for 0.56% of total supply, worth approximately $85 million. 7、Santos FC Fan Token (SANTOS) unlocked about 5.7 million tokens today, accounting for 19% of total supply, worth about $12.7 million. 8、Walrus (WAL) unlocked about 32.7 million tokens today, accounting for 0.65% of total supply, worth about $5.5 million. 9、Yearn yETH was exploited, with roughly $3 million worth of ETH flowing into Tornado Cash. 10、Data: Around 1.5 million ETH is expected to exit staking by the end of December

WAL/USDT 11,54