Walrus ($WAL) is a decentralized data storage protocol and application development platform built on the Sui blockchain, enabling applications to publish, read, and program large data files and rich media content such as videos, images, and audio. Below are some of its advantages compared to other tokens:
Focus on Large File Storage
- Unlike traditional decentralized storage protocols such as IPFS or Arweave, Walrus specifically addresses the challenges of storing large binary files ("blobs") on-chain, making it highly suitable for applications managing large volumes of data such as multimedia, large datasets, and extensive databases.
Benefits of Blockchain Sui
- Benefits from Sui's high performance and low latency, enabling fast data transactions, better scalability, and lower costs, significantly enhancing the user experience.
High Data Reliability and Availability
- Uses Byzantine fault tolerance mechanisms to distribute data across many decentralized nodes, ensuring data accessibility and integrity remain intact even under difficult conditions, making it highly reliable for critical applications.
Cost Efficiency and Scalability
- By decentralizing data storage across its network, its operational costs are significantly lower than centralized storage services, providing a cost-effective and scalable solution for developers building Web3 applications.
Programmable Storage
- Connects storage with native smart contract programming capabilities, unlocking new use cases not available on many other storage platforms, enabling Web3 projects to manage and leverage their data in more advanced ways.
