The official project of the Sui network, Walrus Protocol (token symbol $WAL), is stirring up the decentralized storage market. In simple terms: you can store large files like videos, images, AI models, and game assets on-chain at ridiculously low prices, with data dispersed across nodes worldwide. Even if some nodes fail, the complete files can be recovered through redundancy coding.
Compared to competitors like Filecoin and Arweave, Walrus has a clear cost advantage—using erasure coding technology, it only needs 5x redundancy to ensure security, which reduces storage costs by several orders of magnitude. Even more impressive, it can not only store data but also interact directly with Sui smart contracts, enabling the construction of dynamic NFTs, programmable storage, and even decentralized websites.
The project background is also solid: developed by Mysten Labs, with mainnet launch expected in March 2025, it has secured $140 million in funding, led by a16z. The $WAL token is used for paying storage fees, node staking and mining, governance voting, and community airdrops.
If you're tired of being held hostage by centralized cloud services like AWS and Google, and want to store large files at the lowest possible cost while maintaining full control over your data, Walrus is currently the most competitive decentralized storage solution in the Sui ecosystem. If you're interested, check out their documentation and calculate the actual cost of storing 1TB of data—you'll be genuinely surprised.
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LongTermDreamer
· 01-12 18:07
Wait, does Walrus really be able to reduce storage costs by several orders of magnitude? I feel like Filecoin said the same thing three years ago.
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gas_fee_therapist
· 01-11 15:06
Alright, this time Sui finally delivered some real substance.
5x redundancy outperforms Filecoin in speed, the cost advantage is indeed impressive.
Backed by a16z, the mainnet is coming soon, WAL is about to take off?
Filecoin should be nervous now, really.
Decentralized storage is finally becoming somewhat competitive.
But the mainnet hasn't launched yet, let's wait and see.
Early adopters might have to take another hit...
Storing 1TB is really cheap, hard to believe, quite impressive.
This time, the Sui ecosystem has made the right move, locking in.
This is what Web3 should be doing.
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EthMaximalist
· 01-11 13:56
Is 5x redundancy enough? Filecoin must be feeling pretty uncomfortable over there.
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Wait, interacting directly with Sui contracts—this is exactly what I've been wanting.
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a16z invested $140 million, mainnet scheduled for March next year. Looks like it's time to get on board.
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Is being ridiculously cheap just hype, or is it real? Has anyone calculated the costs?
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Another decentralized storage project—can it really replace cloud services? Still early to say it will beat AWS.
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Produced by Mysten Labs, the quality should be good. Just worried that after launch it might turn out to be something else.
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I need to see the data on the actual cost of storing 1TB—don't want it to be just marketing numbers.
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NFT + storage, a good combo. It all depends on how the ecosystem develops.
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FloorSweeper
· 01-11 13:56
erasure coding is just compression with extra steps, ngl... but yeah those filecoin fees are absolutely abysmal rn
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retroactive_airdrop
· 01-11 13:51
Really, 5x redundancy is enough, Filecoin is directly slaughtered.
View OriginalReply0
ZenMiner
· 01-11 13:50
Damn, 5x redundancy can instantly beat Filecoin. This technical route is really awesome.
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Mysten Labs is up to something new again. This time, they really want to overthrow centralized cloud services.
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Storing 1TB costs only a few bucks? Don't believe it, you have to do the math yourself.
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Wait, interacting directly with Sui contracts is a bit interesting. What kind of tricks can you play?
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a16z invested 140 million dollars. Looks like this time they’re not here to cut the leeks.
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Mainnet launched in March. Is there still a chance to participate? Does anyone know?
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Compared to the chaotic stuff like Arweave, this one is definitely much cleaner.
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The staking and mining part is a bit vague. What’s the approximate yield?
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I've long been fed up with the monopolistic prices of cloud service providers. Finally, an alternative has arrived.
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I need to look into the principles of erasure coding. Don’t buy blindly if you don’t understand.
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pumpamentalist
· 01-11 13:49
Wow, a 5x redundancy cost reduction directly drops by several orders of magnitude? Is this a dream?
Filecoin is now booming, Walrus is really about to take off.
A project backed by a16z, March mainnet... we gotta get on board, brother.
I'm really curious about how cheap 1TB actually is. Can the official say it openly?
The Sui ecosystem has found a new way out, pretty interesting.
If it can truly interact with chains and support dynamic NFTs, game developers will be ecstatic.
The official project of the Sui network, Walrus Protocol (token symbol $WAL), is stirring up the decentralized storage market. In simple terms: you can store large files like videos, images, AI models, and game assets on-chain at ridiculously low prices, with data dispersed across nodes worldwide. Even if some nodes fail, the complete files can be recovered through redundancy coding.
Compared to competitors like Filecoin and Arweave, Walrus has a clear cost advantage—using erasure coding technology, it only needs 5x redundancy to ensure security, which reduces storage costs by several orders of magnitude. Even more impressive, it can not only store data but also interact directly with Sui smart contracts, enabling the construction of dynamic NFTs, programmable storage, and even decentralized websites.
The project background is also solid: developed by Mysten Labs, with mainnet launch expected in March 2025, it has secured $140 million in funding, led by a16z. The $WAL token is used for paying storage fees, node staking and mining, governance voting, and community airdrops.
If you're tired of being held hostage by centralized cloud services like AWS and Google, and want to store large files at the lowest possible cost while maintaining full control over your data, Walrus is currently the most competitive decentralized storage solution in the Sui ecosystem. If you're interested, check out their documentation and calculate the actual cost of storing 1TB of data—you'll be genuinely surprised.