Mysten Labs has launched the public testnet for Walrus Protocol, a decentralized storage network designed to store large data files such as videos, audio, and images.
The testnet, built on Sui (IUE) blockchain, features several key features, including the ability to delete stored files, a staking system, and a browsing tool for users to search and manage data, according to a press release.
Decentralized storage distributes files across multiple independent storage nodes rather than relying on a single company to store data (as with traditional cloud services), providing greater security and resiliency.
Walrus Protocol uses a method that splits large files into smaller parts and distributes them to different locations. Even if some pieces are lost, the entire file can still be reassembled, ensuring users maintain continuous access to their data.
Walrus in Sui
The Walrus testnet is powered by Sui, a blockchain that helps manage the storage system efficiently. It also supports a testnet token called WAL, which allows users to stake tokens (temporarily lock them in the system) and earn rewards for helping manage the network.
The protocol aims to make decentralized storage fast and reliable for applications that store rich media.
Two notable partners, Akord and Decrypt Media, will join Walrus. Akord is moving its secure storage platform to Walrus from Arweave, and Decrypt Media is integrating to store its media files on the network, according to the release.
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