The ideal of "self-managed assets" is very appealing until you lose that key. The Walrus protocol has built a fortress of security with extremely robust cryptographic design, but this also means—once something goes wrong, there’s no way to regret it. When you confidently encrypt confidential files on the chain, convinced that even the FBI can't crack it, a harsher reality awaits: forget the password? Then it's goodbye forever. In the world of Walrus, there is no "reset password" option, nor customer service to save you—only cold mathematical rules.

A Safe with Only One Chance

Recently, I tested the Walrus protocol's encryption upload process, deliberately simulating a "private key loss" disaster. Randomly generate a key → encrypt the file → upload → get Blob ID → delete the local key.

At that moment, I stared at the ID on the screen and felt utterly powerless. The files are securely distributed across hundreds of nodes in the Walrus network, and I know exactly where they are. They are mine. But I just can't open them. No matter how much money you spend, no matter how you prove your identity, the algorithm will refuse you. This is not a "technical issue"; it’s an absolute judgment of mathematics.

The Deadlock of Asset Inheritance

This is a huge pit for those who want to use decentralized storage to preserve their estate. Many people are attracted to the security of Walrus storage, wanting to store family trust documents, private key backups, and important asset certificates. It sounds perfect—store for a lifetime, pass it on to future generations. But what about reality? If the password disappears in your hands, your descendants can only watch that encrypted data in despair—there’s nothing they can do.