Mysten Labs has launched the public testnet for the decentralized Walrus Protocol, which stores massive data assets including music, video, and images.
According to a press statement, the testnet, which is based on the Sui blockchain, has a number of important features, including the capacity to remove files that have been saved, a staking mechanism, and an explorer tool that allows users to find and manage data.
Unlike typical cloud services, which rely on a single corporation to store data, decentralized storage distributes files over numerous independent storage nodes, offering superior security and resiliency.
The Walrus Protocol divides huge files into smaller chunks and distributes them among several sites. Users can always reassemble the full file, even if some bits are lost, so they can continue to access their data.
Walrus on Sui
Sui is a blockchain that powers the Walrus testnet and aids in effective storage system management.
Additionally, it supports the WAL testnet token, which enables users to stake tokens—temporarily locking them in the system—and receive rewards for their assistance in maintaining the network.
The protocol aims to make decentralized storage for rich media apps dependable and quick. Akord and Decrypt Media, two well-known partners, are joining Walrus.
According to the statement, Akord is switching from Arweave to Walrus for its secure storage infrastructure, while Decrypt Media is integrating to store its media files on the network.
