Hello everyone, today let's talk about Walrus Protocol, a decentralized storage project. Unlike traditional cloud storage, it is a data storage infrastructure designed specifically for the blockchain and AI era, running on the Sui chain, focusing on large file storage—images, videos, AI datasets, game assets, and more.

First, let's discuss its most impressive technology, called RedStuff Erasure Coding. How does this work? Simply put, it breaks a large file into countless small fragments (called slivers), then distributes these fragments across nodes worldwide. The amazing part is—only 4 to 5 times data redundancy is needed to ensure extremely high security. Even if two-thirds of the nodes in the network experience issues or go offline, the file can still be quickly reconstructed. Why is this so powerful? Mainly because it uses XOR operations, which enable fast encoding and recovery, with low computational costs. Compared to traditional backup solutions, this is incredibly efficient.

Next, let's talk about the "programmable storage" feature. In Walrus, each stored file on the Sui chain is an object that can directly communicate with smart contracts. What possibilities does this open up? You can automate who has access, when to update versions, and when data should automatically expire or be deleted. It even allows storage space itself to become a tradable asset. This means data is no longer static; it can "come alive," helping you earn money or operate automatically.

Regarding security and privacy, Walrus integrates the Seal feature, providing encrypted access control. This is especially friendly for highly sensitive information like medical records and DeFi risk data. Overall, Walrus tightly combines storage layers with blockchain, creating a highly innovative storage solution for AI and Web3 applications.