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Traditional blockchain systems excel at managing decentralized computation, but struggle with efficiently storing and retrieving substantial chunks of data. Enter Walrus (WAL), a groundbreaking decentralized storage protocol built on the Sui blockchain.
Designed to solve storage limitations while maintaining the security and decentralization principles of web3, Walrus represents a significant advancement in blockchain infrastructure. This article explores what Walrus is, how it works and why it might be the future of decentralized data storage.
Key Takeaways:
Walrus is a decentralized storage protocol that efficiently manages large data files (blobs) through an innovative encoding method called Red Stuff.
Looking to trade Walrus tokens? Bybit now offers the WAL/USDT Spot trading pair.