As Web3 matures, “one of the most overlooked but essential tiers is data storage.” While blockchains are capable of transaction processing, “without robust, scalable, and censorship-resistant storage solutions, decentralized applications will fail to reach their true potential.” This is exactly what @walrusprotocol is helping change.
The intended use of the project is to tackle the underlying challenge in crypto infrastructure regarding the ability to securely store significant amounts of data without requiring the use of centralized servers. The project utilizes superior data availability strategies and the concept of decentralized storage in such a way that the data is always available, verifiable, and reliable even in malicious network environments. The project is particularly useful for NFTs, on-chain games, DeFi analytics, and social dApps when it comes to working with data.
Walrus is unique because it is designed for efficiency and scaling. This is because instead of mere duplicate copies of data, it uses smart strategies to distribute it at a significantly low cost while it is also quite reliable. This is vital because it would meet the required scaling, hence it is a decentralized system. WAL token is instrumental in aligning this ecosystem.
With the rising demand for decentralized data, the likes of Walrus are not considered nice-to-haves but are, in fact, necessary infrastructure. With solid tech underpinnings and a compelling vision, @walrusprotocol is poising itself to be one of the building blocks for the future applications of Web3.
