The blockchain industry is on the cusp of a new era where data is more valuable than ever before, and this has created a problem of storing this data in a secure manner. Walrus has one of the most cutting-edge solutions to this problem. @walrusprotocol has designed a system that uses decentralized nodes and cryptographic proofs to ensure that data is always accessible, without the need for centralized servers....
This gives Web3 developers the freedom to develop applications on a massive scale, such as gaming, DePIN, social media, and AI-based applications. Walrus essentially builds a “data backbone” for the entire ecosystem that is trustless...
$WAL is the fuel that powers this entire system, which is used for storage fees, node rewards, and long-term sustainability. As Web3 adoption gains momentum, projects that control the data layer are the biggest winners, and Walrus is right in the middle of this sweet spot.
