The Sui ecosystem welcomes a new option for Decentralization storage

The decentralized storage network Arweave has successfully achieved a rebound in token prices, ecosystem, and popularity by launching the computing layer AO. As a general-purpose computing chain, Sui has also launched its own decentralized storage network Walrus. What impact will this have on the industry?

Project Background

Walrus is the latest decentralized storage network product launched by Mysten Labs, the development company behind Sui. It is worth noting that the majority of the founders and employees of Mysten Labs come from Meta('s former blockchain project Diem, which has been dissolved.

Although Walrus is built on Sui and utilizes Sui for coordinating storage space and metadata sales, using Walrus does not require applications or products to be built on Sui. Additionally, Walrus will launch a separate governance token, WAL, instead of using the SUI token.

![Interpretation of Walrus: Sui official's direct involvement, Decentralization storage new solution])https://img-cdn.gateio.im/webp-social/moments-2dfa1731724c1c9f23512e4dde102873.webp(

Technological Innovation

In light of the challenges faced by existing Decentralization storage, Walrus has proposed some innovative solutions:

1. Adopts a new 2D coding algorithm called RedStuff, specifically designed for Byzantine fault tolerance. This algorithm is based on fountain codes and combines fast operation with high reliability.

2. RedStuff encodes data into primary slices and secondary slices through a simple XOR operation, distributing them across storage nodes. Different thresholds are used for encoding in different dimensions, achieving asynchronous writing and asynchronous storage proof.

![Interpretation of Walrus: The official Sui is coming down, Decentralization storage new solution])https://img-cdn.gateio.im/webp-social/moments-82ebbcca05a9500a2b8a529b9e9f8c21.webp(

3. Compared to traditional Reed-Solomon coding, RedStuff's encoding/decoding speed is faster, storage overhead is lower, and scalability is stronger.

4. Introduce an efficient committee reconfiguration protocol to address the natural attrition of storage nodes and ensure continuous data availability.

5. Use asynchronous challenge protocol to verify node storage, with costs expanding logarithmically with the number of stored files.

![Interpretation of Walrus: Sui Officially Enters the Field, Decentralization Storage New Solution])https://img-cdn.gateio.im/webp-social/moments-409ff7427b3e7c53eaf0af11ba241798.webp(

6. The economic model is based on staking, combined with reward and penalty mechanisms, which reduces the cost of document storage.

These innovations enable Walrus to provide Decentralization and greater fault tolerance while maintaining a low replication factor of )4-5 times (.

![Interpreting Walrus: Official Sui Launch, Decentralization Storage New Solution])https://img-cdn.gateio.im/webp-social/moments-77573f0c59d76ca0ec3db10aa78742e2.webp(

Potential Opportunities

With the upcoming launch of the Walrus testnet, the mainnet launch time is yet to be determined. Based on the experience of similar projects, holding SUI tokens may be a way to receive WAL token airdrops.

For developers, the official documentation now provides guidance on how to use Walrus to deploy their own websites. This offers a new storage solution for building Decentralization applications.

Overall, Walrus, as an important component of the Sui ecosystem, brings new technological solutions and application possibilities to the field of Decentralization storage. Its development will be worth the continued attention of industry insiders.

![Interpretation of Walrus: Official Sui's Next Move, Decentralization Storage New Solution])https://img-cdn.gateio.im/webp-social/moments-40698c0a69b6906c400786c0f390f456.webp(