Walrus is not just any other project in crypto. When thinking of Walrus and the personification of WAL, the idea that comes to my mind is the one that is attempting to answer a very logical and very burning question in digital world that is how we save our information and how we envision our online self without losing our privacy and control.
Walrus protocol is based on the privacy and decentralization priority. The reason why Walrus is a substitute in a world is the presence of a large company that is central to servers holding our data; therefore, it can control most of our data. It assists individuals to save their data and conduct a business through the assistance of one authority. This can be reduced to suggest reduced possibility of censorship, reduced possibility of user and data authority abuse.
It is the most interesting of the inner working of Walrus. It is based on Sui blockchain that is also claimed to be high-speed and also scaled. Otherwise, it is also equipped with certain high-techs that Walrus has, like erasure coding and blobness. In that, there would be no data center, as it is dissectional and multi-dimensionally dispersed all over the network. Even in the event that some of them will not be available, the information can be retried. This is an intelligent design and logical in terms of spacious files and programs that may be utilized.
Walrus protocol also possesses an indigenous coin called WAL which is handy in the maintenance of the protocol. It is applied in communication to the network, facilitation of decisions of governance and in staking. This does not simply do any good to its users but does give it a voice. This is also among my individual likes as the users are made to be participants and not just customers.
The focus of technology/purpose, in its turn, in my mind is the strength of Walrus. It is not just chasing hype. It is attempting to create some form of storage and transaction platform that, presumably, can be compared to the existing cloud services and will not be a secret of the decentralization and privacy concept. This may be among the alternatives that can later be used to replace the developers, including the enterprises and the common citizens.
Naturally, all the projects of the decentralized space are problematic. The process of adoption is a long process and schooling plays a very significant role. Although most of the individuals are not material enough yet to appreciate the need to know the importance of decentralized storage or personal transactions. However, as far as I am concerned, Walrus is heading in the right direction. It is well structured and its ambitions seemed to be the well intended ones.
Personally, I consider that Walrus is a digitless blockchain trend that is topical. And it does not matter though not loud but concentrated. One such issue is whether we are going to live in a decentralised future of the internet or not where the projects such as Walrus will certainly make a future mark in the electronic world with regards to how we store the information, how we preserve the privacy, and how we would like to communicate to the extent and in lots of different ways.
