Walrus is a decentralized storage network built by Mysten Labs on the Sui blockchain. It is specifically engineered to handle massive binary objects (blobs) like high-definition videos, images, and AI datasets.
Core Features:-
Red Stuff Encoding: A specialized erasure coding that ensures data is safe and retrievable even if some storage nodes go offline.
Sui Integration: Leverages the Sui blockchain for fast coordination and "programmable storage," allowing smart contracts to manage data directly.
The $WAL Token: Powers the ecosystem through storage payments, node staking, and community governance.
