Decode News articles, videos, and photos are stored on Sui’s decentralized storage solution, Walrus, creating an immutable archive of the crypto media company’s content.
The Web3 trade publication reports that data files called “blobs” will be stored on Walrus, a protocol built on the layer 1 network Sui, company representatives said Tuesday at the Token 2049 conference in Singapore. The goal is to create a secure and “immutable” record. Decode This is about building trust between publishers and their readers.
“Ultimately, journalism serves the public interest, and ensuring the integrity and availability of news articles is a public good,” said George Danezis, chief scientist and co-founder of Mysten Labs, the blockchain infrastructure company behind layer-1 network Sui. Decode.
Over the past decade, there has been a dramatic increase in the disappearance of news content from the Internet. This is due to broken links or hyperlinks, which make web addresses that point to digital content, such as news articles or videos, no longer accessible to Internet users.
According to Pew Research, a nonprofit research firm, this “digital decay” occurs when a web page is deleted from its host server, or when the host server itself no longer exists.
According to a Pew Research report, more than a third of online content will disappear from the Internet between 2013 and 2023. Meanwhile, the same data shows that 23% of news articles feature at least one dead link.
However, storing articles on decentralized storage protocols can help content publishers solve these problems.
“A decentralized storage infrastructure requires coordination between a huge number of storage nodes in terms of who is participating in the system,” Danezis said. “Walrus leverages Sui for all of these functions.”
Link rot occurs when a web page is deleted from its host server, or when the host server itself no longer exists.
However, with a decentralized protocol like Walrus, this is not a problem. The network and the data stored within it are not centralized, so no one person can delete it.
We also plan to support Walrus. Decode Efforts to monetize content and promote interoperability through Web3 integration Decode Websites, decentralized apps, NFTs and other blockchain-based assets.
More broadly, the protocol aims to leverage distributed ledger technology to provide media companies with a competitively priced storage solution and a cheaper alternative to centralized cloud providers like Amazon Web Services.
Edited by Stacy Elliott.
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