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Details: https://www.gate.com/announcements/article/47889
Imagine, is there a way to protect transaction privacy without being tied down by traditional cloud services? The Walrus protocol has done something interesting on Sui — it combines privacy-friendly on-chain interactions with decentralized storage.
How does it work? Through erasure coding and blob storage technology, large files are dispersed across the entire network of nodes, which reduces storage costs and naturally provides resistance to censorship. There are no single points of failure, and no centralized institutions can forcibly freeze or tamper with data.
The WAL token plays multiple roles in this ecosystem — participating in network governance decisions, staking for nodes, and interacting with various ecosystem dApps. In simple terms, it allows users to truly own their data.