When it comes to innovative projects in the Sui ecosystem, many people pay attention to Walrus, the decentralized storage protocol. It is a solution incubated by Mysten Labs with a clear core goal — to provide affordable and efficient large-file storage services for the Web3 world.
From a technical perspective, Walrus's approach is quite interesting. It mainly stores large binary files such as videos, images, and AI datasets, using a erasure coding technology called "Red Stuff" to handle them. In simple terms, it disperses data into fragments and stores them across multiple nodes, so even if several nodes fail, the data can still be fully recovered. This scheme is much more efficient than traditional full backups.
Interestingly, although the storage layer itself is off-chain, ownership, payments, and metadata management are all handled via the Sui blockchain, forming what is called "programmable storage." In other words, Sui plays a core role in this system.
Regarding the token economy, WAL is the protocol's native asset. What is it used for? Paying for storage fees, staking nodes to maintain network security, and community governance voting. As of early 2026, WAL has introduced a deflationary mechanism, with some transaction fees being burned. Meanwhile, the protocol is exploring enterprise-level applications, planning to launch a stable storage billing model anchored to the US dollar, allowing large clients to use it with more confidence. As for the token supply cap, it is set at 5 billion.
From a developmental perspective, this design still aligns well with the current needs of Web3 infrastructure.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
6
Repost
Share
Comment
0/400
DAOdreamer
· 10h ago
The walrus approach is pretty good, but it still feels like another project that requires waiting... How long will it really take to be practically implemented?
View OriginalReply0
failed_dev_successful_ape
· 01-10 23:53
walrus sounds pretty good, but I don't know what the actual adoption rate will be. It feels like Web3 infrastructure is always just storytelling.
Red topic, wal is a bit interesting but with a supply of 5 billion, that's quite a lot. How long can deflation last? It still depends.
Sui's move is clever, tying storage and chain together tightly. There's definitely room for growth.
Let's wait until enterprise applications are actually implemented; right now, it's all just in the PPT stage.
These technical details sound reliable, but I always feel like something's missing from the token economic model.
View OriginalReply0
LowCapGemHunter
· 01-10 23:51
Walrus sounds good, but I'm worried that it's another case of concept outweighing application... There are too few projects that can truly get off the ground.
View OriginalReply0
DeFiGrayling
· 01-10 23:45
Walrus seems quite interesting, but I still have some concerns about the security of off-chain storage. After all, real assets rely on the Sui chain for guarantees. What if the chain encounters issues someday?
However, the cap of 5 billion in supply is a good safeguard, and the deflationary mechanism is also decent. It all depends on whether enterprise-level applications can really take off in the future. It feels like we need to wait and see.
The idea of Red Stuff erasure coding is indeed smarter than full backups. The distributed redundancy design is solid, and losing a few nodes isn't a big problem.
Honestly, the WAL token economic design is quite comprehensive, covering payment, staking, and governance. But I wonder if there will be any unexpected issues during actual use.
The storage sector has cooled down a bit in the past two years. Whether Walrus can seize that opportunity is uncertain, especially with many competitors in the market.
The stable billing model is the right direction. Large clients do care more about cost controllability. Otherwise, who would trust a storage fee that fluctuates?
View OriginalReply0
RetiredMiner
· 01-10 23:28
To be honest, Walrus's Red Stuff encoding technology sounds good, but whether it can really be implemented effectively still depends on time testing.
Storage fee deflation + stablecoin valuation, this move is indeed quite innovative, but I wonder if enterprise clients will buy into it.
On the Sui chain, handling permission management—this logic makes sense, but is it just a gimmick with little practical use?
A supply of 5 billion WAL feels a bit high; can the deflation mechanism hold up?
View OriginalReply0
FallingLeaf
· 01-10 23:26
It seems that Walrus is aiming to use Sui as the infrastructure to put storage on the blockchain... but honestly, it still feels a bit complicated.
How was the 5 billion supply cap determined? It seems like there’s still quite a bit of dilution potential.
Enterprise applications sound promising, but can these kinds of things really be used? Ultimately, it depends on real-world implementation.
When it comes to innovative projects in the Sui ecosystem, many people pay attention to Walrus, the decentralized storage protocol. It is a solution incubated by Mysten Labs with a clear core goal — to provide affordable and efficient large-file storage services for the Web3 world.
From a technical perspective, Walrus's approach is quite interesting. It mainly stores large binary files such as videos, images, and AI datasets, using a erasure coding technology called "Red Stuff" to handle them. In simple terms, it disperses data into fragments and stores them across multiple nodes, so even if several nodes fail, the data can still be fully recovered. This scheme is much more efficient than traditional full backups.
Interestingly, although the storage layer itself is off-chain, ownership, payments, and metadata management are all handled via the Sui blockchain, forming what is called "programmable storage." In other words, Sui plays a core role in this system.
Regarding the token economy, WAL is the protocol's native asset. What is it used for? Paying for storage fees, staking nodes to maintain network security, and community governance voting. As of early 2026, WAL has introduced a deflationary mechanism, with some transaction fees being burned. Meanwhile, the protocol is exploring enterprise-level applications, planning to launch a stable storage billing model anchored to the US dollar, allowing large clients to use it with more confidence. As for the token supply cap, it is set at 5 billion.
From a developmental perspective, this design still aligns well with the current needs of Web3 infrastructure.