In the development of the crypto ecosystem, privacy protection and data sovereignty have become unavoidable topics. Recently, I came across the Walrus project, which is doing some interesting things on the Sui chain—combining distributed storage, private transactions, and the DeFi ecosystem, aiming to create a relatively complete decentralized infrastructure.

Let's start with the core storage layer. Traditional cloud storage is like putting everything in a centralized warehouse, which is costly and risky—data can be censored or accidentally lost. Walrus takes a different approach: using erasure coding technology to split and encrypt large files, then dispersing them across multiple validation nodes. The benefits of this approach are obvious—failure of a single node does not affect overall security, costs are significantly reduced, and it inherently resists censorship. For enterprises and developers needing to store massive amounts of data, this solution is more economical and controllable than centralized services.

Next, regarding private transactions. On-chain transactions are usually transparent and public—wallet addresses, transaction amounts, and counterparties can be queried. But on Walrus, transactions are private, and personal information is not exposed. Coupled with the WAL token mechanism, users can participate in community governance—voting on new feature proposals and staking WAL to earn rewards. This token economic model transforms users from passive recipients into active participants, representing a common but effective incentive design in DeFi.

Overall, Walrus is attempting to address some pain points in Web3 through a combination of storage, privacy, and governance. Whether it can become the next-generation infrastructure remains to be seen.