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When it comes to the Web3 data storage sector, Walrus and Filecoin are often compared. The two projects actually follow quite different paths.
What makes Walrus attractive? Mainly three points—significant cost advantages, strong smart contract programmability, and low entry barriers. This combination is very developer-friendly, especially in scenarios where data storage costs are sensitive. As for Filecoin, their advantage lies in having already established an ecosystem, with a large number of storage nodes and a relatively mature application ecosystem.
Speaking of which, in the era of Web3 data explosion, who can truly succeed? It still depends on who can maximize the two core competitive advantages: cost and programmability. From a market capitalization perspective, Walrus is currently only about one-tenth the market cap of Filecoin. What does this mean? Some see the risk, others see growth potential. The market’s valuation gap may hide a lot of imagination behind it.