Walrus lets users store and retrieve large data files (called blobs) easily. It also allows anyone to verify that a file has been properly stored and will still be available to download in the future.
Cost efficiency:
Walrus uses advanced erasure-coding technology to reduce storage costs while keeping data secure. Instead of making many full copies of each file, the system breaks data into encoded pieces and spreads them across storage nodes. This makes storage much cheaper than traditional replication methods and more reliable than systems that store data on only a few nodes.
Integration with the Sui blockchain:
Walrus works closely with the Sui blockchain for coordination, proof of data availability, and payments. Storage space is treated as a digital resource on Sui that can be owned, transferred, split, or combined. Stored files are also represented as on-chain objects, allowing smart contracts to verify whether a file is available, extend how long it is stored, or delete it when needed.
Nodes with higher stake become part of the active committee for each epoch. WAL is also used to pay for storage services. At the end of every epoch, rewards are shared with storage nodes and the users who stake with them for storing and serving data. All of this is managed through smart contracts on the Sui blockchain.
How to earn more points in Binance Square?
When you join a CreatorPad campaign, Binance gives specific tasks such as:
🔹 Follow the project’s official Binance Square account
🔹 Follow their X (Twitter) account
🔹 Create posts about the project on Binance Square
🔹 Trade the project’s token (Spot/Futures/Convert)
🔹 Use required hashtags or keywords
Each completed task = base points added to your score.
