Walrus Protocol is a next-generation decentralized storage and DeFi infrastructure built on the Sui blockchain. Currently, data security, privacy, and censorship are major challenges. Walrus addresses these issues using erasure coding and blob storage technology, where large files are split and stored across a decentralized network. This ensures data remains secure, private, and censorship-resistant.
Walrus is not just a storage solution; it is creating a cost-efficient and scalable decentralized alternative for dApps, enterprises, and individual users alike. Due to governance, staking, and ecosystem-based utility, the $WAL token is at the center of the entire protocol. Sui blockchain's high performance and low latency have further strengthened the Walrus Protocol.
Walrus could become a crucial backbone for future Web3, AI data, NFT metadata, and decentralized applications. For those who truly believe in decentralized infrastructure, Walrus is undoubtedly a promising project.