Walrus: Decentralized Data Layer for Web3
Walrus addresses the limitations of existing blockchain infrastructures by providing a scalable, privacy-aware data storage solution for Web3. While blockchains excel in transaction processing, they struggle with large-scale data management needed by modern decentralized applications (dApps).
Key Features
Data Sovereignty: Users control their data with cryptographic protections, preventing centralized censorship.
Technical Architecture: Built on the Sui blockchain, it uses a blob-based storage model and erasure coding to optimize data integrity while minimizing storage overhead.
$WAL Token: This token incentivizes storage providers, ensuring reliability and accountability.
Decentralized Governance: $WAL holders participate in protocol decisions, fostering transparency and user alignment.
Advantages
Privacy: Data is encrypted, restricting access and ensuring confidentiality.
Cost-Efficiency: A decentralized marketplace allows for competitive pricing based on supply and demand.
Censorship Resistance: The distributed nature protects against single points of control.
Walrus marks a fundamental shift by treating data as core infrastructure, supporting a truly decentralized, user-owned internet as Web3 evolves.
