The post How Walrus Protocol is Reinventing Decentralized Storage appeared on BitcoinEthereumNews.com.

Decentralized storage protocol Walrus is set to launch its testnet in just a few weeks—and developers are already creating novel applications that leverage its unique properties, Mysten Labs Chief Scientist George Danezis told Decrypt. The Walrus devnet hackathon Breaking the Ice saw over 60 submitted projects and 288 registered participants, with a $50,000 prize pool awarded to 10 winning teams. Among the hackathon projects that have caught Danezis’ attention are Walrus Pass, a ticketing and subscriptions app, and Link Forge, a social networking app. “What’s really interesting about Walrus Pass is that it combines so many things,” he said, including ZK-login for one-click Gmail logins, Sui for ticket and subscription purchases, and Walrus in order to “store tickets and QR codes and all of the stuff you actually need to show at the door.” The app, he added, “provides this kind of end to end experience that you would need to address this as a whole product.” Link Forge, meanwhile, is “a bit of a clone of LinkTree,” enabling users to upload a profile picture and links, giving them a presence on the decentralized web that’s akin to their Web2 profile. “It highlights that Web3, broadly speaking, is ready to start playing the role that Web2 technologies played,” said Danezis. “And the second thing is, it highlights the fact that Web3 is naturally social.” Both apps—indeed, all the apps in the hackathon—make use of Walrus’ “secure, decentralized blob store,” in which blobs, or binary large objects, are stored in a non-hierarchical architecture. “It takes very large chunks of data, megabytes up to gigabytes, and it doesn’t really care what they are,” said Danezis. It stores them by “taking each file and then splitting it and encoding it into many, many small chunks that it distributes across the storage nodes,” giving…

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Filed under: News - @ October 10, 2024 10:26 pm