#walrus $WAL Walrus Protocol is a decentralized, programmable storage and data availability network built on the Sui blockchain, designed to handle large-scale, unstructured data such as videos, images, AI datasets, NFTs, and Web3 application assets. It uses erasure coding to break files into multiple fragments distributed across independent nodes, providing high reliability, fault tolerance, and cost efficiency. Each file is represented as a programmable on-chain object, enabling smart contracts to automate access, ownership, lifecycle, and verification of stored data. The WAL token powers the ecosystem, facilitating storage payments, staking rewards, governance participation, and incentives for node operators maintaining network integrity.