#walrus $WAL Walrus Protocol is a decentralized storage and data availability layer built on the Sui blockchain, designed for efficient handling of large, unstructured data such as videos, images, AI datasets, NFTs, and application assets. It leverages advanced erasure-coding techniques to split data into encoded fragments stored across many independent nodes, ensuring high reliability, censorship resistance, and lower costs than traditional replication-based systems. Walrus makes storage programmable, representing each stored file as an on-chain object that smart contracts can manage, verify, or extend. The network is secured through staking and governance using the WAL token, which also pays for storage services and incentivizes node operators.