I first “got” @Walrus 🦭/acc the moment I stopped thinking about it like a cloud drive, and started thinking about it like a contract with consequences. Youn know what In normal storage, you’re basically trusting a company to stay honest forever. In Walrus, the promise is different: it tries to make honesty the cheapest option.
#Walrus is a way to store files on many computers instead of one company’s server.
When you pay to store data on Walrus, you pay with $WAL tokens for a set amount of time. Many different “storage nodes” hold pieces of your data.
To keep nodes honest, Walrus uses money pressure:
Nodes must lock up WAL (stake).
If a node does a bad job or tries to cheat, the system is designed to punish it by taking some of that locked WAL (this is called slashing).
So the idea is: you don’t trust a company’s promise. You trust a system where cheating costs real money, and good behavior earns rewards.
One important note: some punishments like slashing may depend on what features are already turned on in the network right now.
WAL
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