Valhalla is a distributed file system designed for use with Cassandra, Twisted Python, and FUSE, focusing on scalability and high performance for web applications like Drupal. The document outlines the system's requirements, design considerations, and retrospectives from various versions, highlighting the challenges faced and solutions implemented to improve efficiency, storage, and backup processes. Future developments aim to enhance caching models and peer-to-peer functionalities while transitioning towards using S3 for file content storage.