Privacy and security—these two words are becoming increasingly important in the blockchain community. Blockchain itself is transparent and decentralized, but this double-edged sword also means that every transaction is exposed to the sunlight. For many users, this is actually a problem. That’s why projects like Walrus have emerged.

Walrus is a DeFi platform deployed on the Sui blockchain, mainly addressing the privacy shortcomings of traditional public chains. It uses advanced encryption technology combined with a distributed storage solution, allowing users to trade, participate in governance, and use various dApps while fully protecting their privacy. For individuals and enterprises concerned about data security, this is indeed a significant breakthrough.

Technically interesting. Walrus employs a combination of erasure coding and blob storage, breaking large files into pieces and storing them on a decentralized network. This approach has two benefits—first, it improves storage reliability; second, it significantly reduces costs. Compared to centralized cloud storage, this solution is more resistant to censorship and won’t go down due to single points of failure, greatly enhancing user data security.

WAL is the native token of Walrus, and in the ecosystem, it’s more than just a medium of exchange. You can use it for staking, participating in governance voting, and incentivizing network participants. By staking WAL, users can contribute to the network’s security and stability while earning rewards. The cleverness of this design lies in motivating more people to participate actively in protocol development.

Ultimately, Walrus is using technological means to provide higher-level privacy and security options for the DeFi world. As awareness of data sovereignty increases, protocols that focus on privacy are likely to gain more recognition and adoption.