The Good Tech Companies - Can Decentralized Storage Finally Go Mainstream? Walrus.xyz on Sui Might Hold the Answer

Episode Date: February 27, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/can-decentralized-storage-finally-go-mainstream-walrusxyz-on-sui-might-hold-the-answer. Discover how Walrus outperforms Filecoin and Arweave in decentralized storage with up to 80% cost savings. Check more stories related to tech-stories at: https://hackernoon.com/c/tech-stories. You can also check exclusive content about #walrus, #web3, #blockchain, #dlt, #walrus-news, #sui, #good-company, #cryptocurrency, and more. This story was written by: @ishanpandey. Learn more about this writer by checking @ishanpandey's about page, and for more stories, please visit hackernoon.com. Discover how Walrus outperforms Filecoin and Arweave in decentralized storage with up to 80% cost savings, native Sui integration, high scalability, and robust security.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Can decentralized storage finally go mainstream? Walrus XYZ on Sway might hold the answer. By Ashan Pandey. Greater than in a space dominated by expensive, fragmented solutions, could Walrus be Web3's breakthrough storage protocol? The world generates over 2.5 quintillion bytes of data daily, yet blockchain's premise of true decentralization has been bottlenecked by one persistent challenge, efficient,

programmable storage. Walrus, XYZ, Myston Labs' ambitious new protocol is building to redefine how we store and access data in the decentralized era. Decentralized storage that actually works. Walrus is building decentralized storage with features like erasure coding for cost efficiency and integration with the high-performance Sway blockchain. Founded by Meisten Labs, the creators of the Sway blockchain, Walrus brings enterprise-grade engineering to Web3's most persistent problem. The wall token is central to its ecosystem, used for staking, payments, and governance, enhancing user engagement. The upcoming airdrop will distribute 10% of the 5 billion wall token

supply, with 4% allocated through an NFT airdrop and the remaining 6% reserved for future airdrops. This structured distribution framework aims to reward early adopters while sustaining long-term ecosystem growth. With the main net launch expected in March 2025, this could be a pivotal moment for investor and developer adoption. Unlike Arweave, known for permanent storage but criticized for high costs and scalability issues, and Filecoin, which faces complexity and cost challenges, Walrus offers lower storage costs and better scalability. Its programmability, enabled by Sway integration, allows for innovative applications, setting it apart in the market. Greater than traditional decentralized storage solutions like Filecoin and Arweave greater than pioneered important concepts, but they've struggled with

cost efficiency and greater than seamless programmability. Explains George Denezis, Meisten Labs co-founder. HTTPS colon slash slash x.com, Walrus protocol, status, 1 quintillion 892 quadrillion 205 trillion 434 billion 812 million 907 thousand 768, embeddable equals true real-world adoption already happening? Despite being in testnet, Walrus has already secured impressive partnerships Tusky, a privacy-focused storage platform migrating from Arweave to Walrus. Decrypt Media, storing its entire content library on Walrus. Tradeport, Sway's largest NFT marketplace using Walrus for dynamic NFT metadata. Lanera. L1 blockchain Lanera has chose Walrus as its storage partner. https colon slash slash x. com. Walrus protocol. Status. 1 quintillion 894 quadrillion 391 trillion 131 billion 326 million 74 thousand 991. Embeddable equals true why Walrus succeeds where Filecoin and Arweave

struggled. Walrus emerges as a robust decentralized storage solution by addressing the critical shortcomings that have hindered the success of earlier protocols like Filecoin and Arweave. In terms of cost efficiency, Filecoin suffers from high overhead costs, while Arweave's Pay Once, Store Forever model raises sustainability concerns. Walrus, on the other hand, offers up to 80% cost savings for large-scale storage, making it highly attractive for enterprises with extensive data needs. Feature Filecoin Arweave Walrus cost efficiency high overhead, Pay Once, Store Forever model struggles with sustainability up to 80% cheaper for large-scale storage blockchain integration limited

programmability separated from application layer native sway integration with cross-chain support verification model expensive proofs for each file limited auditability efficient node level verification Byzantine fault tolerance limited moderate tolerates up to one-third malicious nodes feature walrus are we filecoin cost efficiency low via erasure coding high permanent storage moderate proof of replication scalability high thousands of nodes limited scalability issues moderate complex scaling programmability high sway integration low limited smart contracts moderate basic basic integration security Byzantine fault tolerance proof of access, moderate proof of replication, moderate current adoption 4343 plus GB stored, partners established, but high costs established, complex setup when it comes

to blockchain integration, Filecoin provides limited programmability and remains detached from the application layer, whereas Arweave also lacks seamless integration. Walrus distinguishes itself by offering native Sway integration with cross-chain support, ensuring compatibility with a broader range of Web3 applications. The verification model further highlights Walrus's advantages. Unlike Filecoin's expensive proofs for each file and Arweave's limited auditability, Walrus employs efficient node-level verification, reducing operational costs while maintaining data integrity. Additionally, Walrus boasts strong Byzantine fault tolerance, capable of handling up to one-third of malicious nodes, an improvement over Filecoin and Arweave, which have only moderate tolerance levels. A deeper comparison of these platforms

reveals Walrus's clear edge across multiple dimensions. Its use of erasure coding ensures low storage costs, compared to Arweave's high costs for permanent storage and Filecoin's moderate expenses linked to proof-of-replication mechanisms. Walrus's scalability is another standout feature, with the potential to support thousands of nodes, addressing the scalability is another standout feature, with the potential to support thousands of nodes, addressing the scalability issues that plague Arweave and the complex scaling challenges faced by Filecoin. In terms of programmability, Walrus again leads with high programmability due to Sway integration, compared to Arweave's limited smart contract support and Filecoin's basic integration options. Security is bolstered through Walrus's robust Byzantine fault tolerance, surpassing the moderate security levels of its competitors. As for adoption, Walrus has already

stored over 4,343 gigabytes of data and secured notable partnerships, showcasing strong momentum. While Arweave and Filecoin are established players, they continue to struggle with high costs and complex setups, respectively. Walrus. The next general decentralized storage network. Key features. End-to-end encryption for private data storage. Cross-chain compatibility. Supports Ethereum, Solana, and Sway. Low-cost operations. Storage costs significantly lower than traditional methods. Erasure coding. Ensures data integrity with Byzantine fault tolerance. Sway integration. Manages metadata, proofs, and payments. Wall token and airdrop strategy. Metric detail token supply 5 billion wall smallest unit frost.

1 wall equals 1 billion frost. Community distribution 10% total. 4% via NFT airdrop utility staking, payments, governance The NFT airdrop rewards active community members, allowing them to claim wall tokens at main at launch. Differentiation from Arweave and Filecoin, Walrus addresses competitor issues by lower storage costs through erasure coding, approximately 5x blob size. Scalability. Design designed for thousands of nodes without performance drops programmability tokenized storage resources for seamless smart contract integration walrus key metrics metric detailed test net launch october 2024 data stored

over 4343 gigabytes community nodes 25 operational nodes main at launch march 2025 token supply 5 343GB Community Nodes 25 Operational Nodes Mainnet Launch March 2025 Token Supply 5 Billion Wall Airdrop Allocation 10% Total, 4% Via NFT Airdrop Hackathon Participation 288 Developers, 40 Shortlisted Projects Final Thoughts With its mainnet launch slated for Q1 2025, Walrus is positioned to become the cornerstone of data-heavy Web3 applications. The appointment of a new managing executive at the Walrus Foundation signals a strategic focus on scaling the network to thousands of nodes, powered by a delegated proof-of-state consensus mechanism. By combining cost efficiency, seamless blockchain integration, robust security,

and high scalability, Walrus not only resolves the issues that have limited the adoption of Filecoin and Arweave but also sets a new benchmark for centralized storage solutions. Don't forget to like and share the story. Tip Vested Interest Disclosure. This author is an independent contributor publishing via our business blogging program. Hacker Noon has reviewed the report for quality, but the claims herein belong to the author. Hashtag D-Y-O-R. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.