As a Web3 professional, I recently came across an interesting project on the Sui chain — the Walrus Protocol, and I want to share it with everyone.

The native token of this project, $WAL, is backed by a complete set of logic. The protocol itself emphasizes secure and private on-chain interactions, making privacy a solid feature within the DeFi ecosystem. Users can participate in dApps ecosystem, protocol governance, and node staking with $WAL. Interestingly, Walrus employs erasure coding and blob storage technologies to distribute large files in decentralized networks, which reduces costs and resists censorship. For individuals and enterprises seeking decentralized cloud storage alternatives, this solution is quite practical.

Currently, privacy protection and decentralized storage have become hot topics in blockchain discussions. The Walrus Protocol happens to target these two areas. Coupled with the technical foundation of the Sui chain, there is still considerable potential for this project’s future development. Many are already experiencing its staking features, especially as demand for private transactions rises. Projects with practical application scenarios like this are indeed more likely to establish long-term value.