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Recently, I have been following new projects in the Sui ecosystem, and the storage solution offered by Walrus Protocol is indeed impressive.
Speaking of this project, the name itself is interesting, but the focus is not on the name, rather on its actual breakthroughs in the decentralized storage field. Walrus's main selling point is a price of $50/TB/year — this figure is quite hard to believe at first glance.
To understand this price from a different perspective: previously, the cost to store an NFT was significant, but now you can store all your photos, videos, and documents taken from 2010 to now, with extra capacity left for AI model training data. Compared to traditional cloud storage pricing models, this is no longer just a reduction but a price revolution.
The underlying technology support is Redstuff erasure coding, which reduces storage costs from traditional benchmarks to just 1/80 of the original. In simple terms, while others still rely on single storage solutions, Walrus has optimized the balance between redundancy and efficiency to the extreme.
Such technological breakthroughs have indeed attracted top-tier capital attention. The $140 million funding led by a16z reflects industry recognition of this direction — decentralized storage has always had compelling stories, but few projects can truly push costs to such extreme competitiveness.
Walrus's choice to deploy on the Sui blockchain also makes sense. Sui itself is optimized for high-frequency data interactions, and combining storage with on-chain interactions could unlock new application scenarios. From NFTs to AI training data, from personal backups to enterprise-level applications, the significant reduction in storage costs will expand the accessible market.
Of course, technological breakthroughs and price advantages are one thing; ecological applications and real adoption are another. But from current developments, Walrus is indeed advancing this direction with tangible progress.