In the ecosystem landscape of the Sui blockchain, an emerging storage protocol is gaining attention. Its uniqueness lies in the combination of "programmable storage + RWA tokenization," aiming to address long-standing pain points in decentralized storage.

From a technical perspective, the protocol's killer feature is the Red Stuff two-dimensional erasure coding scheme. It sounds complex, but simply put: it aims to maintain the high efficiency of erasure coding storage while avoiding the high costs associated with data repair in traditional schemes. Through matrix encoding and the design of primary and secondary slices, data recovery requires only one slice, significantly reducing bandwidth consumption and directly matching the performance metrics of centralized storage solutions.

This technical architecture is specifically designed for large-capacity, unstructured data—such as video files, AI training datasets, and various rich media content—enabling efficient management. Even more impressively, metadata is stored directly on-chain, with deep integration into smart contracts, making complex scenarios like real-time data streams and dynamic interactions possible. For the DeFi ecosystem, this provides a reliable infrastructure.

Looking at the token side, the value backing of the WAL token comes from two sources: first, the ecosystem itself needs this (a necessity), and second, a complete economic cycle has been designed. As a native token, WAL is not only a governance tool but also a value carrier for various applications within the ecosystem. This design creates a situation where projects, investors, and developers share aligned interests.

Overall, infrastructure projects like this tend to more easily accumulate ecosystem assets and developer communities. Walrus's differentiated advantage in the storage sector is already quite clear; the next step is to see whether ecosystem applications can keep pace.