#Walrus – decentralized, secure, and highly scalable blob storage protocol. During the developer preview phase, Walrus has stored over 12TiB of data and attracted 200+ developers building applications, demonstrating significant real-world demand for Web3 storage infrastructure.

Moving into the next phase, Walrus is officially positioned as an independent decentralized storage network, operated by its native token WAL. The network will use a Delegated Proof-of-Stake (DPoS) mechanism, where storage nodes stake WAL to participate in data storage and serving. The token $WAL simultaneously serves as a network security tool, reward distribution mechanism, and on-chain governance instrument. An independent Walrus Foundation will be responsible for driving the ecosystem and community.

Technically, @Walrus 🦭/acc uses data encryption and sharding mechanisms to ensure security, prevent data loss, and resist Byzantine faults, while maintaining high read/write performance even as the network scales to hundreds or thousands of nodes. The Sui blockchain acts as the coordination layer, managing metadata and blob states, helping reduce on-chain storage costs.

The network operates in epochs, enabling storage node restructuring while ensuring data remains available long-term. WAL tokenomics are designed around staking, rewards, and epoch-based storage pricing mechanisms, creating balanced incentives among users, node operators, and stakers.

In the future, Walrus aims to introduce advanced features such as low-cost node auditing, high-quality service (QoS) reading, and light nodes—enhancing decentralization, expanding data serving capacity, and optimizing network efficiency.