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When it comes to decentralized storage, many people still view the issue with old ideas. Projects like Filecoin use full replica backups to ensure data security, but what’s the result? Not only is hardware waste serious, but storage costs have also remained high, becoming a pain point for many applications.
Recently, the popular Walrus has taken a different approach by introducing erasure coding technology. Simply put, it breaks files into countless mathematical fragments stored across different nodes, so even if a large number of nodes go offline, the original data can be restored immediately. The brilliance of this solution is that—storage costs can be cheaper than AWS. In business competition, price is the strongest competitive advantage.
Imagine when Web3 games and video platforms discover that using such services can save money and achieve decentralization, switching will be inevitable. This is the real market opportunity.