Walrus uses advanced encoding techniques (e.g., erasure coding) to split large files into smaller pieces that can be distributed across many storage nodes. The Sui blockchain handles system metadata and coordination, making storage both resilient and verifiable on-chain. This enables real-time access and higher performance for decentralized applications compared with older systems focused mainly on archival storageWalrus (ticker: WAL) is a cryptocurrency token that powers the Walrus Protocol, a decentralized data storage network built on the Sui blockchain. It is designed to let developers, applications, and users store, publish, and manage large data files (like videos, images, audio) in a decentralized, programmable way using blockchain technology. This storage model aims to be more efficient and cost-effective than older decentralized storage systems.
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WAL
0.0946
-0.83%