Decrypt media articles and videos stored on Sui Protocol Walrus

Decrypting news articles, videos and photos are stored on Sui's decentralized storage solution, Walrus, which creates an immutable archive of the crypto media company's content.

Web3's business publication report will be stored in data files called “blobs” on Walrus, a protocol built on the Layer-1 network Sui, representatives from the companies said at the Token 2049 conference in Singapore on Tuesday. The goal is to create a secure “unbreakable” archive of decrypted content to build trust among the publication's readers.

“Ultimately, the press serves the public interest and ensuring that the integrity and accessibility of news reports is in the public interest,” George Danzis, chief scientist and co-founder of Mysten Labs, the blockchain infrastructure firm behind the Layer-1 network, told Decrypt.

Over the past decade, the loss of news content on the Internet has increased dramatically, or the breaking of hyperlinks makes web addresses pointing to digital content such as news articles or videos inaccessible to Internet users.

This “digital decay” occurs when the website is deleted from the host or the host itself no longer exists, according to Pew Research, a nonprofit research firm.

More than a third of online content will disappear from the Internet between 2013 and 2023, according to a Pew research report. Meanwhile, 23 percent of news stories featured at least one dead link, the same data shows.

But storing articles on decentralized storage protocols can help content publishers sidestep the problem.

“Decentralized storage infrastructures require coordination between a large number of storage nodes in relation to who is participating in the system,” Danzis said. “The walrus uses its suit for all of these tasks.”

Link decay occurs when a website is deleted from the host's server or the host itself no longer exists.

But with decentralized protocols like Walrus, that's not a problem – the network and the data it stores are decentralized, meaning they can't be deleted by anyone.

Walrus plans to support efforts to monetize its content through Web3 integrations by introducing interoperability between Decrypt's website and decentralized applications, NFTs and other blockchain-based assets.

Broadly, the protocol aims to use distributed ledger technology to provide competitively priced storage solutions to media companies, offering cheaper alternatives to centralized cloud providers such as Amazon Web Services.

Edited by Stacy Elliott.