Please enter CoinGecko Free Api Key to get this plugin works.
Please enter CoinGecko Free Api Key to get this plugin works.
HomeCrypto NewsLinera and Walrus Unite for Web3 Scalability

Linera and Walrus Unite for Web3 Scalability

-

Linera has announced its integration with Walrus, a decentralized storage protocol, to significantly improve on-chain data handling. The partnership aims to empower developers to construct faster and more scalable Web3 applications leveraging Linera’s microchain architecture. These lightweight, parallel chains are designed to process transactions independently, thereby mitigating congestion while upholding robust security. Simultaneously, Walrus is set to facilitate efficient on-chain storage and management of diverse data types, addressing a crucial challenge in the realm of decentralization.

Rebecca Simmonds, a senior executive at the Walrus Foundation, conveyed that the collaboration would provide developers with the capacity to create novel and improved decentralized applications with greater ease. She elaborated that by merging Walrus’s storage system with Linera’s microchain technology, they could effectively resolve issues pertaining to blockchain data management and rapid information verification.

The integration is designed to capitalize on the strengths of both platforms. Linera will incorporate Walrus to manage efficient blob storage, ensuring that large data files remain secure while being processed with minimal latency. Conversely, Walrus will utilize Linera’s verification mechanisms to maintain data integrity throughout the storage process.

Empowering Developers with Advanced Tools

Mathieu Baudet, the Founder and CEO of Linera, emphasized the collaborative effort’s potential to empower developers. He asserted that working with Walrus would equip developers with the necessary tools to create applications capable of handling transactions instantaneously, managing extensive data efficiently, and maintaining strong security and transparency.

Baudet further noted that Linera’s microchain architecture, when combined with Walrus’s programmable storage, establishes an infrastructure where decentralized applications can truly scale. He explained that by leveraging Linera’s capacity to support millions of parallel microchains and Walrus’s robust storage capabilities, they are providing the foundational infrastructure necessary for Web3 to support complex use cases, ranging from real-time data processing and social platforms to gaming and AI-driven services.

According to the official release, the integration of Walrus into Linera’s microchain system will enable developers to scale applications seamlessly while minimizing reliance on centralized systems.

Walrus Mainnet and Token Launch

Walrus, launched in 2024 by Mysten Labs, is scheduled to launch its mainnet model in March, accompanied by WAL, the utility token that powers its decentralized storage network. The token is designed to serve multiple functions, including maintaining affordability, security, and governance for large-scale data storage.

WAL has been designed with long-term sustainability in mind, as Walrus aims to provide predictable storage costs, a trustless storage system, and robust incentives for node operators to ensure reliability.

Users will have the option to prepay for storage using WAL, thereby securing stable rates and contract reliability. Security is to be maintained through delegated staking. The team further stated that governance will remain decentralized, with storage node operators participating in votes on protocol adjustments, influencing pricing and penalties.

Lithium Digital recently announced that they are now operating a node on the Walrus Protocol. They described Walrus as an advanced Delegated Proof of Stake (DPoS) system built on the Sui Network, utilizing erasure coding and a distributed storage network.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Ethereum’s Holesky Testnet Finalizes, Finally

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Margaux Nijkerk, CoinDesk’s Ethereum Reporter.In this issue:Ethereum’s Holesky...

Why TikTok Should Be OnChain

Imagine a world where your digital identity is truly your own, where every post, connection, and interaction isn’t locked within the walls of a corporate...

Pi Network Price Prediction: Pi Coin Soars Past $1.50, Eyes $1.80 Retest

Pi Network Coin has been making waves in the crypto market, recently breaking through the $1.50 resistance level and eyeing a potential retest of $1.80. With...

Tether’s Paolo Ardoino Says USDT Stablecoin Issuer ‘Has Been Through Hell’, Is Cheered On at Cantor Conference

Attendees clapped and cheered when Paolo Ardoino, the public face of perhaps most influential company in crypto, entered the stage at the Cantor Fitzgerald Global...

Most Popular