The Next SUI? 👉 Crypto's NEXT Big Opportunity | Expert Interview

Introduction to SWE and Walrus

• SWE (Sui) is a smart contract platform that has seen tremendous growth in the last year.
• It is a relatively new ecosystem, less than two years old, and has become a top chain by TVL and market cap metrics.
• SWE has integrated the latest consensus technology, allowing for fast transactions (committed in about half a second) and stable fees.

What is Walrus?

• Walrus is a secure decentralized blob store that launches on SWE.
• It provides strong guarantees around the integrity, authenticity, and availability of stored files.
• Walrus is a network that uses SWE as a coordination layer to manage storage nodes and payments.

Market Opportunity for Walrus

• Walrus competes with centralized storage solutions like AWS, but offers more security guarantees.
• It also competes with decentralized storage solutions like Filecoin, but has a more modern and flexible architecture.
• Walrus aims to cover use cases that require large amounts of storage (multi-megabytes to hundreds of megabytes) for extended periods (years).

Use Cases for Walrus

• Decentralized social networking platforms that want to guarantee data availability and authenticity.
• News organizations that want to store their content in a censorship-resistant way.
• AI models and inferences that require authenticity and integrity guarantees.
• Web3 applications that want to store and manage user data in a decentralized way.

Timeline and Roadmap for Walrus

• Walrus is currently in its second testnet phase, with a target mainnet launch in Q1 2025.
• The team is planning to integrate additional features, such as a decentralized key management system (SEAL), after mainnet launch.
• The community is invited to try out Walrus, provide feedback, and build on top of it to shape its future development.