@Walrus ๐ฆญ/acc (Walrus Protocol)
@Walrus ๐ฆญ/acc (often referred to simply as
@Walrus or WAL) is a decentralized data storage network built for the modern Web3 and AI era. It aims to replace traditional centralized storage (like cloud providers) with a trust-minimized, secure, programmable, and efficient distributed storage system.
๐ฆ What
#Walrus Protocol Does
Walrus enables developers, applications, and users to store large unstructured data (โblobsโ) โ such as:
Videos, images, and PDFs
NFT content
AI model datasets
Game assets and other rich media
โฆin a decentralized way where no single company controls your data.
Itโs designed to be:
Secure and resilient โ even if many storage nodes go offline, data stays available.
Cost-efficient โ using advanced encoding techniques to reduce storage overhead.
Programmable โ storage can be integrated into smart contracts and applications for real Web3 use cases.
โ๏ธ Key Technology
๐ง Built on the Sui blockchain:
Walrus uses Sui as its base layer to coordinate and verify storage operations.
๐ Red Stuff Encoding:
A novel data encoding algorithm that breaks files into โslivers,โ distributes them across nodes, and allows recovery even if many nodes fail. This cuts costs and boosts reliability.
๐ก Programmable Storage:
Stored data is treated like blockchain objects, meaning applications can reference, control, and build logic around the stored files.
๐ฐ The
$WAL Token
$WAL is the natve utility token of Walrus and is central to how the network operates:
๐ณ Payment Token: Users pay WAL to store data on the protocol.
๐ Staking & Security: Storage nodes stake WAL to participate and earn rewards.
๐ณ Governance: Token holders vote on protocol parameters and upgrades.
๐ฅ Burn Mechanism: Some fees are burned to introduce deflationary pressure and align inc
Maximum supply: ~5 billion WAL
Initial circulating supply: ~1.25 billion WAL
Large portion (~60 %) allocated to community incentives, reserves, and subsidies.DYOR
@Walrus #WalrusProtocol
$WAL