How Walrus’s Erasure-Coded “Sliver” Storage Model Transforms the Long-Term Economics of Decentralized Storage at Web Scale
The way Walruss storage model works is really interesting. Walruss storage model is called the Erasure-Coded Sliver storage model. This Walrus storage model is changing how we think about storing things in the long term. It is making decentralized storage more affordable at a large scale, like the whole web.
The Walrus Erasure-Coded Sliver storage model is a deal for people who need to store a lot of things online. It is helping to reduce the cost of storage. This is important because decentralized storage is used by a lot of people and companies on the web.
The Walrus storage model is special because it uses something called erasure coding. This means that it breaks up the things you store into pieces called slivers. Then it stores these slivers in places. This makes it possible to get your stored things back even if some of the slivers are missing.
Overall the Walrus Erasure-Coded Sliver storage model is a game changer for storage on the web. It is making it possible for people to store things online in a way that's both affordable and reliable. The Walrus storage model is going to have an impact, on how we store things online in the future.
Decentralized storage is really important for an open internet. We need to be able to store things without someone in charge controlling everything. Some networks like Filecoin and Arweave were the first to try this. They let people store data without using companies like Google Cloud.
Now that decentralized applications are getting bigger and more people are using them we have a problem. Decentralized storage is not working well with a lot of data. The way we pay for storing all this data is not a system. Decentralized storage, like Filecoin and Arweave is having trouble handling all the information from millions of users.
Walrus is doing something different with the way it stores things. It uses a system based on little pieces of data called "slivers" that are protected in a special way and it is all built on the Sui blockchain. This is not a small improvement it is a big change that will affect how we pay for storing data in the long run especially when we are talking about huge amounts of data. To really get it we need to look at how the old way of doing things works why it gets too expensive when we have a lot of data and how Walrus is changing the way we pay for storing data over time. Walrus is making a difference in the way we store data and it is all, about the way it uses these erasure-coded "slivers" on the Sui blockchain.
The Cost Problem of Full Replication
Full-replication networks are all about making sure that data is safe and always available. They do this by keeping copies of the data on many different nodes. For example Arweave is a system where data is meant to be stored. The people who manage the data called miners are encouraged to keep copies of the data all the time.
This way the data is very safe. Will not get lost.. It also means that there are many extra copies of the data, which is not very efficient. Every time you add another copy it costs more to store the data it uses bandwidth and it is harder to take care of the data in the long run. This approach is okay if you are just storing a bit of data or if you just need to keep it for a long time.. If you need to store a lot of data it becomes very expensive. Full-replication networks like Arweave are not the choice when you have a lot of data, to store.
Filecoin does a job by letting users decide on storage contracts. Users get to choose how copies of their data they want and how long they want to store it.. To make sure the data is safe users still need to make multiple copies. The people who store the data need to get paid for more than storing the data. They need to get paid for keeping the data safe with codes for putting up their own money to guarantee the data is safe and for the work they do to keep everything running. When people store a lot of data the total cost goes up much in line with the number of copies of the data and how big the data is. This means that there is a limit, to how much people will pay for storing amounts of data with Filecoin.
When you are dealing with the internet on a scale like storing lots of videos and pictures or using artificial intelligence to train computers or handling all the stuff that people upload the old way of storing things multiple times starts to cost too much money. Every extra terabyte of storage that you need makes it more expensive in the long run, which means that storing things in many different places is not as good of a deal, as storing them in one big place, like the cloud.
Walrus’s Sliver-Based Erasure Coding Model
Walrus uses a way to store things. It does not make a copy of everything. Instead it breaks the data into pieces called slivers. The system puts these slivers together in a way so that it only needs a few of them to get the original file back. The Walrus system spreads these slivers across different storage nodes. Each node only holds a part of the total data. The Walrus system is really good, at keeping the data safe because it uses nodes. The data is split into slivers and the Walrus system only needs a few of these slivers to get the file back.
This design really cuts down on extra stuff while keeping things working properly. If a lot of the nodes in the system go down you can still get your data back long as you have access to enough of the data pieces or what we call slivers. The main thing that is different about this design is that it keeps your data safe, with math not by making a lot of copies of everything.
When we think about the money side of things decentralized storage is changing in a way. It used to be that storing things was about making lots of copies but now it is about being efficient. The people who store the data do not have to keep all of the information and the users do not have to pay for many copies of the same thing. Decentralized storage is becoming more efficient. Now users pay for the right amount of backup that they need and this gives them the same or better protection, against problems but it costs a lot less. Decentralized storage is getting cheaper because of this change.
Long-Term Economic Effects at Web Scale
The economic impact of Walruss model is really big when you think about it over time and when it gets very large. When you have an amount of data like petabytes or exabytes even small differences in how much extra data is stored make a huge difference in cost.
Systems that make lots of copies of all the data see their costs go up a lot as they get bigger because every piece of data has to be copied times.
Walruss way of doing things, which is called erasure coding is more efficient as it gets bigger because the extra data that is stored does not go up as fast, as the size of the network.
This means Walruss model can handle a lot of data without the costs getting too high which's a big advantage of using Walruss model.
This means that the cost of adding space to the network gets lower. When we add gigabytes to Walrus it costs less and less because the network is getting better. On the hand some networks need to make a lot of copies of the same information, which means they have to spend a lot of money to keep everything running and make sure people are motivated to help. This makes it really expensive, for these networks. The cost of storing the terabyte on Walrus goes down over time because the network is improving.
Sustainability is really important for companies that store data. When we talk about storage providers they have to use a lot of space on their computers to store all the information. This means that only big companies with a lot of money can do this.
Walrus is different because it lets smaller companies store part of the data. This means they do not need many computers or as much space so it is easier for them to get started.
This makes the market more competitive and fair which helps to lower prices over time. Sustainability for storage providers, like Walrus is a thing because it helps smaller companies to participate.
Impact on Use Cases and Adoption
The new way that Walrus’s sliver model works is better for saving money. This means that things that were too expensive to do on decentralized storage networks can now be done. For example big artificial intelligence datasets and high-resolution media platforms need to get to a lot of data. Decentralized social networks and on-chain gaming ecosystems also need to do this. When it costs much to store data people making these things have to use centralized infrastructure instead. This is a problem because it goes against the goal of having decentralized systems. Walrus’s sliver model can help with this by making it cheaper to store and get to data. This is good for things, like AI datasets and high-resolution media platforms that need to get to a lot of data.
Walrus is really good at keeping costs for storing things and it does this without sacrificing how well it keeps everything safe. This means people can keep a lot of information in a decentralized way instead of just storing it away somewhere.
Walrus changes the way people think about storage it is not just for special cases anymore it can be used for all kinds of normal web applications, which is a big deal for decentralized storage, like Walrus.
The thing about Walrus is that it works well with the Sui blockchain. This means that it is not about storing data it is also about the economic value it adds. When you store data it becomes an object on the blockchain. This makes it easy for smart contracts to use the data manage it and interact with it. Because of this Walrus enables ways of doing things with data like owning data in a dynamic way storing assets that can be used in different ways and creating markets, for data that can run on their own. Walrus and the Sui blockchain make these things possible because they do not treat storage as something unchanging. The Sui blockchain and Walrus make storage a part of the system, which's really important.
Comparative Long-Term Outlook
The difference in cost, between two ways of storing data erasure-coded storage and full replication gets bigger over time. This is a problem because people are making more data every day and decentralized applications need to be able to get to this data right away. When you have to make copies of your data it gets very expensive and hard to manage. Walrus does things differently which makes it easier for people to store amounts of data in a way that is affordable and works well.
People do not have to pay for extra copies that they do not need. Instead users pay for the Walrus to make sure their files are safe in a way that makes sense. The Walrus network does not give a few companies all the control over storage. The Walrus network shares the work among people who are part of it.. The Walrus does not just store files without doing anything. The Walrus integrates storage into the part of the blockchain, which is, like a big computer program.
The way Walrus stores things is really different. Walrus uses a way to keep data safe called erasure-coded sliver storage. This means that Walrus does not have to make copies of everything. Instead Walrus uses an efficient way to keep things safe. This makes it a lot cheaper to store things for a time. It also makes it easier for people to join in and use Walrus. This is good for the Earth because it uses energy.
Walrus is different from systems like Filecoin and Arweave. Walrus is made for people to use every day with amounts of data. It is not just, for keeping things safe or for trying out new things. Walrus is made for real people to use all the time.
In the long run, this model has the potential to redefine decentralized storage economics, making it practical for the data-intensive applications that will define the next phase of Web3 and decentralized infrastructure.@Walrus 🦭/acc $WAL #Walrus