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Recently, during a closed-door discussion in Singapore about Sui's growth engine, I directly mentioned a project that is currently testing — Walrus.
A common misconception is to chase the price fluctuations of tokens, but they fail to see what Walrus is actually doing. It is addressing one of the most urgent problems before large-scale deployment of public chains.
In the storage solution track, previous discussions focused on ideal scenarios, but Walrus's approach is completely different. The core technical highlights are obvious: a 20x increase in storage efficiency, combined with a fault-tolerant design that can recover data even if 2/3 of the nodes fail — this Red Stuff encoding logic essentially fortifies the underlying infrastructure of Sui with a solid fortress.
From a funding perspective, the $140 million invested by a16z is unlikely to be for creating a cloud storage platform alternative. The significance of this investment indicates one thing: the foundational infrastructure of Web3 still lacks the final crucial piece, and Walrus aims to fill this gap.
This is true hardcore development — focusing on the core pain points of ecosystem growth, using engineering capabilities and funding to validate the feasibility of an idea. From the underlying technology to ecosystem strategy, the logic is coherent.