Walrus.xyz – Tracer AI customer – (United States)
Innovative blockchain engineers use .xyz domains to showcase cutting-edge projects. Decentralized network Ika.xyz aims to simplify cross-chain development with programmable infrastructure. Security solutions provider Ackee.xyz strives to enhance blockchain integrity through audits and smart contract development. Blockchain platform Frequency.xyz aims to pioneer decentralized social networks with user-controlled data solutions. In this week’s #BlockchainThursday, we’ll introduce you to a decentralized storage system designed to support scalable, verifiable data availability: Walrus.xyz.
Walrus.xyz is the online home of Walrus, a decentralized data storage protocol designed to support high-integrity, verifiable storage with reduced replication overhead. It introduces a custom encoding protocol called “Red Stuff,” intended to enable efficient recovery of lost data and support data verification in asynchronous network environments. Walrus is designed for a range of decentralized use cases, including the storage of NFT assets, application binaries, encrypted datasets, and data needed for blockchain scalability solutions like rollups. In March 2025, Walrus raised $140 million in a token sale ahead of its mainnet launch on March 27, 2025.1
The innovative platform is designed to store large data files—also called blobs—across a distributed network of nodes. Instead of duplicating entire files across multiple nodes, Walrus uses a method called two-dimensional erasure coding. This technique breaks files into smaller parts, making it possible to recover only the missing pieces if part of the file is lost, which reduces overall bandwidth and storage costs. To help verify that nodes are actually storing data, Walrus uses a challenge protocol that does not rely on fixed network timing—helpful in real-world environments where delays and disruptions are common. According to the Walrus white paper, the system uses the Sui blockchain to manage coordination tasks such as staking, registering data for storage, and logging proofs of availability.
Walrus is developed by Mysten Labs, a web3 infrastructure company focused on creating scalable tools and protocols for decentralized applications. According to the company’s website, Mysten Labs is also behind the Sui blockchain, a Layer 1 platform launched in 2023 that supports high-throughput use cases across gaming, finance, and social applications. In addition to Walrus and Sui, Mysten Labs introduced other initiatives such as Enoki, a protocol designed to help businesses improve user experiences. Evan Cheng, listed on LinkedIn as the Co-founder and CEO of Mysten Labs, has contributed to the development of these platforms as part of the company’s broader effort to accelerate decentralized technology adoption.
Walrus.xyz serves as the official website for the platform. The .xyz domain extension offers a broad, flexible naming convention that supports Walrus’s positioning as a decentralized infrastructure project. Its neutrality makes it suitable for projects that are not limited to a specific industry or region, aligning with Walrus’s intent to support a wide range of applications that depend on secure, distributed storage. You can learn more by following the platform on LinkedIn, X/Twitter, and GitHub, joining the Discord, and by visiting Walrus.xyz.
1.https://www.coindesk.com/business/2025/03/20/data-storage-protocol-walrus-raises-usd140m-in-token-sale-ahead-of-mainnet-launchXYZ is proud to share about the many incredible members that make up the XYZ community! We encourage you to do your own research before using the products and services of the websites we feature. The information about products and services contained in this blog post does not constitute endorsement or recommendation by XYZ.
