Walrus, a decentralized storage protocol based on Sui, has recently sparked quite a bit of discussion. Its native token WAL serves as the value carrier of the ecosystem, supporting a distributed storage system centered on privacy and security.

From a technical architecture perspective, Walrus's innovations are mainly reflected in two aspects. One is erasure coding — after splitting and encoding raw data, even if some storage nodes fail or go offline, the remaining fragments can still fully recover the data. This fault-tolerance mechanism is more efficient than traditional replication redundancy. The other is the blob storage mechanism, optimized specifically for unstructured large files, which significantly reduces storage costs through distributed management and eliminates single-point censorship risks.

What are the practical benefits of this scheme? The data speaks for itself: compared to traditional centralized cloud services, Walrus's storage costs have decreased by over 70%. More importantly, users truly control their data sovereignty and are no longer bound by centralized platforms.

On the functional level, the protocol offers mechanisms such as private transactions (transaction details and identities are hidden), governance participation (WAL holders can propose and vote), and staking incentives (users contribute resources and earn rewards). These designs enable Walrus to find applications in various scenarios including dApp development, enterprise data hosting, and personal privacy file protection.

As the Sui ecosystem expands, the imagination space for Walrus continues to grow — from decentralized media storage to sensitive information backup, new application scenarios are emerging. With technological iterations and increasing ecosystem participants, the potential for WAL value realization is worth paying attention to.