Walrus is a decentralized storage and data availability (DA) protocol on the Sui chain, using erasure coding to shard and store large files, with low costs, censorship resistance, and governance and staking through the WAL token, focusing on secure and efficient decentralized data storage and distribution.
Core capabilities:
Store large files (videos, AI models, website resources, etc.), sharded across distributed nodes, with recovery possible even if some nodes fail.
Low storage costs: Erasure coding reduces redundancy, costing tens of times less than traditional full replication.
Programmable: Manage data through Move contracts, supporting scenarios like dApps, NFT media, AI data, and blockchain archiving.
Privacy and censorship resistance: Data is stored in a decentralized manner, giving users control over content and updates, free from centralized entity intervention.
The total supply of the Walrus protocol token WAL is 5,000,000,000 (500 million), with an initial circulating supply of 1,250,000,000 (125 million).
WAL
0.0869
+9.17%