This is a good breakdown of @WalrusProtocol and why it matters
The full report is comprehensive and some of the areas covered include:
• how it cuts the cost of onchain data
• use cases like NFTs, AI and decentralized websites
• WAL token design + staking
• early partners already building on it
Worth a read if you’re tracking storage + data infra
: : [Report] Walrus: Do More With Your Data
Written by @100y_eth & @Steve_4P
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State bloat is an inevitable issue for any blockchain network. It refers to the growing size of the distributed ledger over time, which burdens future nodes. While most blockchain projects try to solve this through technical means, the Sui Network proposes an incentive-based solution called the Storage Fund.
Although a blockchain is a distributed database, it's not ideal for storing large binary objects (blobs) like images and videos. To address this, integrating decentralized storage solutions becomes essential. That’s why Mysten Labs is introducing Walrus.
The first major strength of Walrus compared to other storage protocols is its Red Stuff encoding. This allows for much faster read/write operations and data recovery, even when parts of the data are lost—outperforming methods used by Filecoin, Arweave, Storj, and Sia.
The second strength is that Walrus storage is programmable. By leveraging the Sui Network, Walrus enables lifecycle management for storage nodes and blobs, as well as more dynamic and flexible data interactions.
The third strength is that Walrus has potential beyond simple data storage. Walrus not only stores data securely but also enables computation on sensitive data in a privacy preserving way through SEAL and Nautilus. Based on this, it provides a foundation for participants in the ecosystem to freely utilize and monetize data.
Thanks to these advantages, Walrus has been able to support a wide range of use cases and ecosystems. One flagship example is Walrus Sites, which enables developers to deploy fully decentralized frontends using Sui and Walrus, instead of relying on centralized hosting services like AWS.
Walrus is not limited to the Sui ecosystem. Anyone from any ecosystem can adopt Walrus as their storage solution. In the internet vision redefined by Mysten Labs, Walrus is expected to play a key role as the backbone of decentralized storage.
▫️ The Need for Decentralized Storage Protocols
▫️ Walrus: A Next-Generation Data Storage Protocol
▫️ Red Stuff: Walrus’ Core Encoding Method
▫️ How Walrus Works
▫️ Toward Sustainable Economics
▫️ WAL Tokenomics
▫️ Walrus Sites
▫️ Walrus Ecosystem
▫️ Conclusion
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