Walrus Protocol: An Important Supplement to the Sui Network

The Walrus protocol, as the latest project from Mysten Labs, has attracted widespread attention. Although there are various options in the decentralized storage market, Walrus stands out for its cost-effectiveness, security, and programmability. This article will explore the unique aspects of Walrus and its deep integration with the Sui network.

Advantages of Walrus

storage cost efficiency

Walrus uses Red-Stuff encoding, which is more cost-effective than Arweave and Filecoin. It combines the advantages of both by minimizing data loss risk and reducing replication costs. As the network grows, Walrus's structure alleviates the burden on each node, further improving storage efficiency.

programmability

The most notable feature of Walrus is its ability to achieve programmability of stored data through the Sui network. This allows smart contracts to directly reference or trigger stored data, providing new possibilities for applications such as NFTs. In contrast, Arweave and Filecoin have more limited dynamic integration with on-chain applications.

Data Control

Walrus allows users to modify or delete data when needed, a feature that is particularly important for organizations and businesses that need to store sensitive information. This enhances Walrus's application potential in traditional enterprises and Web2 companies.

The Collaboration between Walrus and the Sui Network

Walrus does not distract from the focus on Sui, but rather enhances the applications on Sui as a storage stack. The two form a symbiotic relationship:

1. Walrus alleviates the burden on the Sui network by storing large-scale blob data.
2. The storage fund mechanism of Sui provides economic incentives and sustainability assurance for Walrus.
3. The use of Walrus has increased the demand for SUI tokens, potentially making it a deflationary asset.

Future Outlook of Walrus

Walrus not only serves the Sui ecosystem but may also become a storage solution for other blockchains. It has the potential to surpass existing storage protocols and become a representative storage protocol in the Web3 domain. As more applications are integrated, Walrus could become a bridge connecting Sui with the broader Web3 world.

Mysten Labs is building a complete Web3 decentralized infrastructure, with Walrus as a key component, showcasing tremendous development potential. As technology continues to evolve, Walrus is expected to take a leading position in the storage sector, bringing revolutionary impacts to the entire blockchain ecosystem.