Why is Walrus Protocol an important addition to the Web3 ecosystem?
Decentralized storage faces real challenges related to cost, speed, and reliability in practical applications. This is where Walrus Protocol comes in, specifically designed to address these challenges within the Sui ecosystem through a technology architecture focused on efficiency and flexibility.
@walrusprotocol relies on data distribution using erasure coding, which reduces the need for complete file replication, leading to lower costs while maintaining a high level of security and availability. This approach makes the protocol suitable not only for DeFi applications but also for NFT projects, games, and applications that require fast and continuous access to data.
The token $WAL plays a pivotal role in operating the system, as it is used to incentivize storage providers, participate in governance, and ensure the network's long-term sustainability. Owning the token grants the user an active role in the protocol's future, not just the use of a ready-made service.
Thanks to its integration with Sui, Walrus provides a different model than traditional storage projects, focusing on making data an active part of the Web3 experience, rather than just stored files.
#Walrus $ WAL @Walrus 🦭/acc $WAL
📌 This information is not a recommendation, and the market always involves risk. Think with your mind and make your own decision #walrus $WAL #walrus
