Mysten Labs has recently unveiled the public testnet for Walrus Protocol, a cutting-edge decentralized storage network tailored to accommodate large data files such as videos, audio, and images.
The testnet, constructed on the Sui (SUI) blockchain, ushers in a range of essential features, including the capability to delete stored files, a staking mechanism, and an explorer tool that empowers users to effortlessly search and manage their data, as per an official announcement.
Decentralized storage fundamentally disperses files across multiple autonomous storage nodes, eliminating the reliance on a single entity to safeguard data (contrary to conventional cloud services), thereby enhancing security and resilience.
Walrus Protocol employs a method that segments large files into smaller fragments, dispersing them across diverse locations. In the event that some fragments are lost, the complete file can still be reconstructed, ensuring uninterrupted access for users.
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Walrus on Sui
The Walrus testnet operates on Sui, a blockchain that optimizes the management of the storage system. Additionally, it supports a testnet token named WAL, enabling users to stake tokens (temporarily lock them within the system) and earn rewards for contributing to the network’s operations.
The protocol’s objective is to render decentralized storage swift and dependable for applications that house extensive media content.
Two prominent allies, Akord and Decrypt Media, have aligned with Walrus. Akord is transitioning its secure storage platform to Walrus from Arweave, while Decrypt Media is integrating to store its media files on the network, according to the announcement.
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