Is Walrus worth it? Don't just focus on the WAL token, as that might cause you to overlook key aspects.

Its core lies in two areas. First is privacy protection. The current on-chain world is too transparent; everything is under the sun. Walrus offers users a new choice—you can decide what to hide and what to reveal. Second is decentralized storage, especially cost-effective solutions for large files. This has indeed been a pitfall in the past.

Combining these two capabilities can open up imagination for the next wave of dApps, especially those that need to handle sensitive data. This is not a minor patch; it’s a platform-level capability.

The role of the WAL token is to quantify and facilitate the flow of this value. Your governance rights and your earnings from the ecosystem come from your contribution to and trust in this value network.

How does the ecosystem expand? Essentially, it’s the process of these two capabilities being adopted in more and more scenarios. The community’s enthusiasm stems from genuinely recognizing the core value.

Strategically, it should be rooted in these core capabilities, not following trends blindly to expand. The security line must be maintained; otherwise, even the best value can be hollowed out.

I am optimistic about the Walrus protocol because, in such a noisy market, it still坚持做真正难被替代的基础设施. When more applications are built on its privacy and storage foundations, its value will be fully unleashed. We are currently at the beginning of this process.