Hassan Cryptoo

For years in crypto, we have actually been stuck with a false choice. On one side, you have the transparent, compliant chains where every transaction is an open book for regulators and competitors alike. On the other, privacy protocols that feel like stepping into a black box, raising immediate red flags for any institution with a legal department. The narrative has been that you must choose one or the other, auditability or confidentiality. My review of DUSK's approach suggests they are built from the ground up to reject that compromise entirely. Their core proposition is not just adding a privacy feature, it is engineering a new financial layer where privacy and compliance are not opposites, but integrated, dependent functions.
What really caught my attention when I first dug into their whitepaper was the foundational logic. Most projects start with a technology and seek a problem. DUSK started with a specific, institutional grade problem, how to conduct confidential transactions that can still be proven valid and selectively disclosed to authorized parties, and then architected a suite of technologies to solve it. They are not trying to hide everything, they are creating a system where everything can be verified without being unnecessarily exposed. This shifts the paradigm from "privacy versus compliance" to "privacy enabling compliance". In a climate where regulatory scrutiny is the dominant theme, not a side plot, this is not just a technical novelty. It is a potential prerequisite for the next phase of institutional capital and complex financial instruments on-chain.
The magic, as it were, is not magic at all. It is a deliberate application of zero knowledge proofs (ZKPs) within a purpose built Layer 1. DUSK's platform uses what they call the "Citadel" protocol. To me, this is the crucial piece. It does not just obscure data. It allows a participant to prove they are following the rules, that a transaction is solvent, that a user is accredited, that a security law is being obeyed, without revealing the underlying sensitive information that proves it. Think of it not as a curtain, but as a notarized, sealed envelope. The notary's stamp on the outside (the zero knowledge proof) verifies the contents are legitimate and orderly, but you need the right key and legal authority to open it and see the details. This makes their technology particularly relevant for tokenized real world assets (RWA), confidential DeFi, and even voting, where you need to prove eligibility and prevent double counting without exposing individual choices.
Analyzing the DUSK token's position on CoinMarketCap as of today offers a grounded view of its market standing. With a market capitalization hovering around $90 million, it sits outside the top 200 cryptocurrencies. This places it firmly in the infrastructure specialist category rather than the mainstream medium of exchange narrative. The circulating supply is notably high against its maximum, indicating the major inflation events are likely in the past. What stands out to me is the correlation between its stated niche and its valuation. Rather than pursuing the trend of meme coins or consumer payment systems, DUSK’s core worth is fundamentally tied to the integration of compliant, confidential financial services on a blockchain. The network’s token, DUSK, functions as both its essential resource and a mechanism for governance. It is used to secure the chain through staking, pay for transaction fees, and participate in reaching network consensus. In my analysis, its price trajectory will depend less on general market mood and more directly on actual adoption of the protocol by businesses and financial entities.

This leads to the practical question: "what are they currently doing?" question. A review of their official X account and news feed reveals an emphasis on foundational development rather than hype. Their most recent developments, including the partnership with "Hyaliko" in March to explore asset tokenization in the automotive industry, along with ongoing progress on their confidential DeFi suite, act as concrete validations of their real-world use. Rather than advancing vague "integrations," they are showcasing actual tests of their core technology built for compliant financial operations. In a technical update, the team underscored advances on their "Siebren" testnet, which is expressly customized for evaluating these confidential smart contracts. This methodical, builder centric communication is what you would expect from a project targeting a B2B and institutional audience, not a retail trading crowd.
Let us talk about the chart perspective from Binance Spot. The price action for $DUSK over the past year tells a story of consolidation after the volatility of previous cycles.The price action has remained confined to a specific range, missing the powerful, consistent directional momentum seen in assets fueled by strong narratives. When analyzing longer-term charts, clear support and resistance levels become apparent, showing where the price has historically met reaction points. Volume behavior shows phases of quiet accumulation punctuated by sharp increases following updates on the network's progress or collaborative agreements. The current formation aligns with its core fundamental narrative. Based on this analysis, my evaluation suggests that DUSK is currently forming a foundation. Its next significant price movement will likely be driven by a major technical milestone or a key institutional alliance, rather than just a broad altcoin market rally.

For a project such as DUSK, the real challenge lies not only in sophisticated technology but in securing legal and market approval. Can their selective disclosure framework satisfy the specific demands of EU's MiCA, or the SEC's focus on investor protection. The whitepaper and their public discourse are clearly framed with these questions in mind. They are attempting to presolve regulatory objections by baking audit trails into the protocol's DNA. This is a high stakes, long term game. It is not about going viral next week. It is about patiently demonstrating to regulators and Fortune 500 treasuries that there is a viable, superior path forward. In my view, that makes DUSK one of the more consequential experiments in the space, a bet that the future of multi trillion dollar asset classes on-chain depends not on maximal privacy or maximal transparency, but on a sophisticated, programmable balance of both.
by Hassan Cryptoo
@Dusk | #dusk | $DUSK

I remember the first time I tried to store a large dataset onchain a few years ago. The process was, to put it mildly, a rather costly wake up call. The sheer expense of committing every byte directly to a smart contract state made it clear that blockchains, for all their strengths, were not built to be hard drives. This is the exact problem blob storage is designed to solve, and it is where my analysis of the $WAL | Walrus Protocol begins to get interesting. Their approach is not just about adding storage, it is about rethinking the economics of data persistence on a decentralized network like Sui.
So, what is blob storage in plain terms. Think of it like this, a blockchain normal transactions are like meticulously handwritten entries in a master ledger, permanent, ordered, and expensive to write. A "blob" short for Binary Large Object, is different. It is more like sealing a document in an envelope and attaching a unique, tamper proof receipt to the ledger. The contents of the envelope are not parsed or actively managed by the chain core logic, they are just held. This fundamental separation is the key to efficiency. The Walrus whitepaper details this by distinguishing between onchain consensus for the "receipts" the data commitments, and offchain storage for the actual blobs. By not forcing the blockchain to process and store every bit of data in its high security state, you essentially sidestep the most prohibitive costs.
The efficiency gains are primarily in cost and scale. When I look at the tokenomics page for the WAL token, the emphasis on "cost efficient storage" is not marketing, it is a direct technical outcome of this model. Storing data as a blob on a network like Sui is orders of magnitude cheaper than using contract state. This is crucial because Walrus is targeting large files, application data, media, and enterprise archives. They mention use cases like dApp frontends and decentralized backups, which involve data volumes that would be economically impossible under traditional onchain models. In April 2024, a post on their X account underscored the debut of their mainnet on the Sui blockchain, specifically spotlighting its "decentralized blob storage" function as a fundamental service.
My review of their technical documentation shows how they achieve durability. It is not just about dumping data somewhere cheap. Walrus uses a technique called erasure coding. Here is how I understand it, a single file is split into multiple pieces, then mathematically expanded with redundant fragments. You only need a subset of these fragments to reconstruct the original file. Once processed, this data is scattered across a network of decentralized nodes. The cleverness stems from embedded redundancy. Even if numerous nodes fail, you can still fully recover the data. This creates a durable, censorship resistant storage base, eliminating dependence on a central party. It upholds the decentralized ethos through a pragmatic, fault tolerant framework.
Now, let us talk about the token, WAL. Its role is directly tied to making this blob storage system function. It is not a speculative afterthought. According to the protocol mechanics, nodes in the network stake WAL tokens to participate and provide storage service. Clients pay fees in WAL to store and retrieve their data. This establishes a self sustaining economic cycle where the value of the storage service generates essential demand for the token. Participants who stake their tokens are motivated to provide consistent service, as penalties can be applied to their staked assets for inadequate performance, a standard security measure that coordinates node operations with the overall stability of the network. Based on my evaluation of the current metrics on CoinMarketCap, the fully diluted valuation is around $763.85 million, while the token is sitting considerably below its all time high price. The market is clearly still evaluating the adoption curve for decentralized blob storage as a sector. A notable feature is the minimal yearly inflation rate; the tokenomics seem structured to prevent swift value erosion for early adopters, emphasizing a utility-driven approach over new supply generation.

Analysis of the WAL/USDT chart on Binance Spot indicates a developing asset that is consolidating within its price boundaries. The price experienced heightened volatility surrounding the mainnet launch in April, as anticipated, before consolidating into a relatively confined range. Trading activity has been sporadic, missing steady drive in either direction. Based on my chart assessment, key levels feature a recent support zone around $0.1390, which has faced testing and held multiple times. On larger timeframes, the price remains beneath all major moving averages, a typical sight for a fresh protocol before widespread uptake. The RSI does not signal severe overbought or oversold states, instead hovering in a middle range. This pattern indicates the market is experiencing a phase of anticipation, waiting for concrete usage metrics from the Walrus ecosystem to emerge.

This triggers a broader assessment. The cryptocurrency infrastructure ecosystem in 2024 appears noticeably distinct from the period of increased speculation witnessed in 2021. Initiatives are now evaluated based on their substantive technical foundations and practical utility, rather than mere storytelling. For Walrus Protocol, the question is not whether blob storage is clever, it is. The real question is whether developers and enterprises will choose a decentralized solution over entrenched, cheap cloud giants. Their bet seems to be on a future where censorship resistance, verifiable data integrity, and alignment with decentralized application stacks hold tangible value. It is a bet on a slower, more fundamental build.
After spending time with the whitepaper and recent announcements, what becomes clear is that Walrus is not trying to do everything. It is specializing in a specific, infrastructural niche, persistent, scalable blob storage. In a world where decentralized applications are growing more complex, needing to store everything from user generated content to machine learning models, such a primitive could become as essential as a reliable RPC endpoint. Their achievement relies on implementation, the robustness of the node network, the quality of developer tools, and preserving that vital cost edge. This is underlying, fundamental effort, the sort that frequently escapes attention until it abruptly turns essential.
by Hassan Cryptoo
@Walrus 🦭/acc | #walrus | $WAL

Phân tích một dự án lưu trữ phi tập trung khác đòi hỏi phải vượt qua những cam kết thông thường về khả năng chống kiểm duyệt và chi phí thấp. Câu hỏi thực sự mà tôi tự đặt ra là nó phù hợp ở đâu đối với một doanh nghiệp có dữ liệu thực sự để lưu trữ. Nhận xét của tôi về Walrus Protocol, từ các tài liệu kỹ thuật đến các biến động thị trường gần đây, cho thấy thiết kế của nó thực hiện một sự đánh đổi có chủ ý. Có vẻ như nó không được thiết kế nhiều cho nhu cầu lưu trữ nóng của một ứng dụng hoạt động tích cực mà hơn là lớp lưu trữ lạnh, lưu trữ lâu dài cho dữ liệu doanh nghiệp, một phân khúc cụ thể và có giá trị nếu việc triển khai được thực hiện tốt.

Tôi đã dành đủ thời gian trong crypto học viện để thực sự hiểu được sự khác biệt giữa một sản phẩm hoạt động tốt trong bản trình bày và một sản phẩm vận hành hiệu quả trong thực tế hỗn loạn của tài chính toàn cầu. Sản phẩm thứ hai cần một hành trình rõ ràng và an toàn để kết nối với các mạng khác. Nếu không, ngay cả một blockchain tiên tiến nhất cũng chỉ là một hòn đảo tinh vi. Đây là góc nhìn thực tiễn mà tôi sử dụng khi xem xét khả năng tương tác, và đó là lý do tại sao những bước đi gần đây của $DUSK to kết nối mạng L1 riêng tư, được quản lý của mình với các chuỗi khác dường như không còn là một tính năng mà là một yêu cầu nền tảng, tất nhiên.

Tôi luôn giữ một danh sách các vấn đề trong lĩnh vực tiền mã hóa mà cảm giác gần như quá hiển nhiên để giải quyết. Ở vị trí hàng đầu là câu hỏi này: làm thế nào để xây dựng một hệ thống tài chính cho các tổ chức khi mọi giao dịch đều là bảng thông báo công khai. Câu hỏi này đã kéo tôi đến với $DUSK Network. Nhận xét của tôi về bản trắng giấy và các cập nhật gần đây liên tục quay trở lại một công nghệ cụ thể, đó là Hợp đồng Bảo mật Bảo mật (XSC). Đây không chỉ là một hợp đồng thông minh riêng tư, mà còn là một cách tư duy khác về sự thỏa thuận. Với tôi, cách tốt nhất để hiểu nó không phải thông qua mã nguồn, mà bằng cách tưởng tượng một cuộc họp rất cụ thể và rất riêng tư.

The most advanced AI agent in the world is useless if it cannot remember where it put things. I have been watching the narrative around autonomous agents tighten its focus on reasoning and task execution, which is critical, but it often glosses over a more mundane foundation. Where does an agent store its memories, its learned preferences, the long context of its ongoing mission. The answer cannot be a centralized server controlled by a single entity, that reintroduces the very points of failure and censorship that decentralization seeks to overcome. My review of the $WAL | Walrus protocol reveals a team that is not just building another decentralized storage platform. They are, with a quiet focus evidenced in their 2025 "year in review", constructing the persistent memory layer that the coming wave of autonomous intelligence will require to operate independently in the real world.
At its core, Walrus tackles a problem of scale and permanence. Traditional blockchain storage is expensive for large files, and while solutions like IPFS exist, they often rely on altruistic pinning. Walrus, built on the SUI blockchain, uses a combination of erasure coding and what they term "blob storage" Here is how I interpret the mechanics from the whitepaper, instead of storing your entire 100GB dataset in one place, it is split into dozens of encoded fragments. You only need a fraction of those fragments to reconstruct the whole. This is not just about redundancy, it is about creating a storage system that is inherently resilient and cost efficient for the massive, unstructured data that AI agents consume and produce. A single agent operational log over a month could be terabytes of text, images, and action histories. Centralized cloud storage for this is a predictable cost and a single point of control. A fragmented, globally distributed network is something else entirely.
This technical choice connects directly to a use case that has moved from theory to active development. The protocol evolution, particularly its Q1 2025 mainnet launch on Sui and the subsequent "Blob Stream" feature, shows a path toward dynamic data. It is not just about storing static files. An autonomous agent needs to write new data constantly, conversation logs, updated strategies, results from completed tasks. The Blob Stream functionality, which allows for continuous, append only data writing, is essentially a dedicated log for an agent lifetime. I see this as a critical differentiator. It transforms the protocol from a warehouse into a dynamic filing system that grows organically with the agent experiences.
The relevance for the AI sector is not speculative, it is operational. In their March 2025 ecosystem update, Walrus highlighted integrations and use cases already in motion. They are not just pitching to AI companies, they are providing the infrastructure for them. One partner is building "AI memory palaces" a concept that perfectly encapsulates the need for structured, permanent, and retrievable memory for LLMs. Another is focusing on decentralized AI training data markets. This is where the token, $WAL , finds its utility beyond governance. Access to storage, payment for the network keepers, and staking to secure the network are all denominated in it. The token demand is designed to correlate directly with the amount of valuable data the network is securing. If AI data is the most valuable commodity of the next decade, then the network securing it embeds its token within that value stream.
What stands out to me after analyzing the roadmap and technical documents is the quiet emphasis on "data services" over mere "storage" There is a distinction. The planned "Data Oracle" and "Data Compute" modules suggest a vision where Walrus does not just hold data passively. It could eventually verify data authenticity from off chain sources for agents and even perform basic computations on the stored data. This shifts the narrative. The network starts to look less like a hard drive and more like a cerebellum for the agent, handling essential, repetitive functions of data verification and preprocessing so the agent core "brain" can focus on higher order reasoning. This layered approach to data utility is what makes it a compelling candidate for a foundational layer.
Of course, the ecosystem health on Sui is a factor. The protocol benefits from Sui high throughput and low transaction costs, which are necessary for the frequent, small data writes an agent might make. The growth of the Sui ecosystem, with its focus on consumer scale applications, creates a natural breeding ground for the autonomous agents that would need Walrus services. It is a symbiotic relationship. The success of one feeds into the utility of the other.
We often discuss AI agents in terms of their intelligence, their ability to reason and act. But their autonomy is fragile if it is leased from a centralized cloud provider. True autonomy requires ownership of one memory and experiences. The Walrus protocol, through its fragmented storage model, its dynamic data streams, and its expansion into data services, is engineering the substrate for that ownership. It is a less glamorous task than designing neural networks, but it is arguably as fundamental. The future of autonomous AI may not be built by a single, brilliant model, but by a stack of resilient, decentralized protocols. For the data layer in that stack, Walrus is making a methodical and technically sound case to be the default choice. Its progress will be measured not in hype cycles, but in the quiet, persistent accumulation of immutable agent memories.
by Hassan Cryptoo
@Walrus 🦭/acc | #WAL | $WAL

I keep coming back to the same bottleneck when I think about building for AI or heavy duty Web3 apps and that is Data Storage. It is either centralized and risky or decentralized and painfully inefficient. After going through $WAL | Walrus technical documentation and their announcements from last year, what stands out to me is not just another storage layer, but a specific engineering choice that flips the script on the usual trade offs. The team at Mysten Labs did not just optimize an existing model, they built a new one from the ground up to handle the specific chaos of a permissionless network.
Most decentralized storage systems force you to pick your poison. You can have full replication, like in traditional blockchains, where data is copied across every validator. This gives you great availability and simple recovery, but the cost is absurdly high overhead, think 25x replication or more for strong security. The other path is erasure coding, which chops data into pieces so you do not need full copies. This is far more efficient on storage but historically falls apart when nodes in the network churn. Recovering a lost piece required broadcasting the entire original file across the network again, obliterating any bandwidth savings. It created systems that were efficient only in perfectly static conditions, which does not exist in the real world of decentralized nodes.
Walrus core innovation, detailed in their April 2025 whitepaper, is a novel two dimensional erasure coding protocol they call Red Stuff. This is the pivot. It breaks the data into slivers in a way that allows for what they term "self healing" recovery. When a storage node goes offline, the network can repair the lost data using only a small, proportional subset from other nodes, not the entire original file. The outcome is a system that keeps strong security with an replication factor of just 4.5x, a reasonable leap from the 25x required for full replication. More importantly, the practical outcome is a network that can keep efficient and resilient even with nodes continuously joining and leaving. This is not a marginal improvement, it changes the economic viability of storing massive datasets in a decentralized way.

This engineering directly answers a critical need for AI. The integrity and provenance of training data are becoming paramount. If your model is trained on a dataset that can be silently altered or deleted from a centralized server, your entire output is suspect. Walrus provides a credibly neutral, tamper evident layer for these datasets. The data availability and authenticity can be verified independently of any single provider. Furthermore, the protocol design for "blobs" or large binary objects is a perfect fit for the scale of AI media, training sets of images, video libraries, or the weights of large models themselves. My review of their published material shows they are not just theorizing about this, it is stated as a foundational use case from the start.
The uniqueness extends to how it proves data is actually stored. A persistent problem in decentralized storage is the "prove you still have my data" challenge, especially in asynchronous networks where malicious nodes can exploit delays. Red Stuff is described as the first protocol to support storage challenges in fully asynchronous conditions. This means the network can constantly and verifiably audit storage nodes without relying on ideal network timing, a much stronger guarantee for anyone paying to store valuable, long term data like archival AI training runs or legal document provenance.
For the broader Web3 space, the implications are just as significant. Look at the requirements for rollups or Layer 2s today. They need to post large batches of transaction data somewhere available for verification, creating a massive data availability problem. Storing this on a chain like Ethereum is secure but prohibitively expensive. Walrus offers a high integrity data availability layer with drastically lower overhead. Their partnership announcements, like the one with TradePort on January 28, 2025, to store NFT metadata, point to this utility. It becomes a modular component for any chain or dApp that needs to offload heavy data.
The protocol native integration with the Sui blockchain, through its Move language, is another layer of its Web3 utility. Storage capacity and data blobs themselves can be tokenized as Sui objects. This means storage becomes a programmable DeFi asset, you could collateralize it, trade it, or integrate it seamlessly into a smart contract workflow. It turns static storage into a liquid resource. While built on Sui, the design is chain agnostic, builders on Ethereum or Solana can plug in Walrus as their storage layer, as noted on their website.
What I see in Walrus is a focus on a specific type of data, the large, immutable, integrity critical blob. It is not trying to be a general purpose file system for every document. It is aiming to be the foundational rail for the assets that underpin the next generation of applications. The "Breaking the Ice" hackathon in August 2024 and the subsequent testnet launch showed early projects exploring this, from encrypted messaging and AI agents to decentralized website archiving. They are building for a world where the data layer is as decentralized and resilient as the financial layer sitting atop it. The promise is not just cheaper storage, it is more reliable and transparent AI data pipelines, more robust NFT ecosystems, and a more credible foundation for the digital assets that are supposed to be permanent. That is the niche they are carving, and their technical choices make a compelling case for why their approach might just work where others have been stuck.
by Hassan Cryptoo
@Walrus 🦭/acc | #walrus | $WAL

I have, in fact, run through enough tokenomics models to know that the real test is not the Pie chart on day one, but the economic logic that has to hold for years. When the $WAL | Walrus protocol unveiled its long awaited tokenomics and a staggering $140 million in funding in March of 2025, it was not just announcing numbers. It was actually laying down a deliberate economic blueprint for a decentralized storage network that has to compete in a real world of costs and incentives. After spending time with their technical documentation and the announcements from that period, what became clear to me is that WAL is engineered less as a speculative asset and more as a functional kernel for a new type of data market. The key components are not isolated features but are interlocking parts of a system designed to balance growth, security, and long term stability from the outset.

The foundation, as detailed on their token page, is utility. WAL is not an abstract governance token bolted on as an afterthought. It is the designated payment token for storage on the Walrus network. But the clever bit, the part that particularly caught my attention, is the payment mechanism's design to keep user costs stable "in Fiat terms" This is, in fact, a direct and practical acknowledgment of the volatility problem that plagues utility tokens. A user pays WAL upfront to store data for a fixed period, and that token payment is then distributed over time to the storage nodes and stakers who provide the service. This creates a predictable fee stream for operators and a predictable cost for users, attempting to decouple the utility of the network from the token's market price. It is indeed a simple idea that addresses a complex, real world adoption hurdle.
This utility is indeed powered by a distribution model that makes a pronounced statement about priorities. In their March 2025 announcement, Walrus specifically emphasized that over 60% of the total 5 Billion WAL tokens are dedicated to the community. This is not merely vague marketing. It is a specific allocation, 43% to a Community Reserve for grants and ecosystem development, 10% for a User Drop to early adopters, and another 10% for Subsidies to support node operators in the early days. When you compare this to the 30% for core contributors and 7% for investors, the weighting is quite obvious. The protocol is allocating resources to bootstrap the two sided marketplace it needs to survive, users who need storage and nodes that provide it. The 10% subsidy pool, in particular, is a tactical war chest.It is designed to reduce the cost for early users while makes sure, node operators can build practical models before the organic fee market matures. This is not just fair launch but a calculated go-to-market strategy funded by the token treasury itself.Of course, a network that stores precious data needs security, and here the tokenomics effectively integrate staking in a way that directly impacts network health. Walrus employs a delegated staking model. This means that any token holder, not just node operators, can indeed stake their WAL to a specific storage node. This stake acts as a vote of confidence and a source of security. Nodes compete to attract this stake because it governs how data is assigned to them. In return, nodes and their stakers earn rewards. The whitepaper and website of the project point to a future where "slashing" is enabled, meaning poor performance or malicious action by a node could lead to a portion of the staked tokens being penalized. This aims to fully align the financial interests of token holders with the reliability of the network operators they choose to back. It turns passive token holding into an active, though risk managed, participation in network security.

Perhaps the most technically intriguing component I found is actually the planned deflationary mechanism. The WAL token is designed to be deflationary, and the system introduces two specific burning mechanisms tied directly to network performance. The first burns tokens from penalty fees levied on short term stake shifts. The logic here is economic. If a staker rapidly moves their tokens between nodes, it forces the network to wastefully move data around.The fee disincentivizes this noise, and the burn removes that tokens from circulation supply of the token.The second mechanism burns a portion of tokens slashed from staking with persistently low performing nodes. This is not inflation for the sake of rewards but deflation for the sake of health. It actively removes tokens from circulation as a consequence of behavior that harms network efficiency or security. Over time, if the network is busy and well staked, this could create meaningful deflationary pressure, theoretically benefiting long term holders who contribute to network stability.
All these components, the fiat pegged utility, the community heavy distribution, the security aligned staking, and the behavior driven burns, do not exist in a vacuum. Indeed, they are the economic engine for the technical innovation described in the April 2025 whitepaper, which details Walrus's "Red Stuff" encoding protocol designed for efficiency. They are also backed by the substantial $140 million in funding announced in March, capital that provides a multi year runway to transition from subsidized growth to a sustainable fee based economy. What stands out to me, after piecing this together, is the conscious attempt to build a circular economy. Actually, the token pays for services, staking secures those services, and poor staking behavior is taxed or penalized and burned to strengthen the system. It is a model that keeps the protocol must be economically maintainable for nodes, affordable for users, and secure for data. Whether it works in practice is a question for the coming years, but the March 2025 announcement presented a structure that tries to answer those hard questions from day one.
by Hassan Cryptoo
@Walrus 🦭/acc | #walrus | $WAL

Tôi đã xem xét đủ cơ chế sinh lợi hứa hẹn cả thế giới nhưng chỉ mang lại một phần trăm. Khi lần đầu tiên đọc về việc staking Walrus, cách tiếp cận khác biệt, không chỉ về số tiền bạn kiếm được, mà còn về những gì số tiền staking thực sự mua được. Câu hỏi còn đọng lại trong tôi sau khi đọc bài viết về kinh tế staking ngày 25 tháng 3 năm 2025 là rất trực tiếp: nếu lợi tức không phải là mục tiêu chính, thì nó thực sự mua được điều gì? Câu trả lời dường như là điều lớn hơn nhiều, đó là một khoản trợ cấp cho một lớp dữ liệu phi tập trung mới. Điều này không phải là thu nhập thụ động theo nghĩa truyền thống, mà giống như việc tài trợ cho chi phí vốn cho một internet nơi dữ liệu là một tài sản có thể xác minh và tồn tại lâu dài, chứ không phải là một bản thuê tạm thời trên máy chủ do doanh nghiệp sở hữu.