@Walrus 🦭/acc (Walrus Protocol)
@Walrus 🦭/acc (often referred to simply as @Walrus or WAL) is a decentralized data storage network built for the modern Web3 and AI era. It aims to replace traditional centralized storage (like cloud providers) with a trust-minimized, secure, programmable, and efficient distributed storage system.
📦 What #Walrus Protocol Does
Walrus enables developers, applications, and users to store large unstructured data (“blobs”) — such as:
Videos, images, and PDFs
NFT content
AI model datasets
Game assets and other rich media
…in a decentralized way where no single company controls your data.
It’s designed to be:
Secure and resilient — even if many storage nodes go offline, data stays available.
Cost-efficient — using advanced encoding techniques to reduce storage overhead.
Programmable — storage can be integrated into smart contracts and applications for real Web3 use cases.
⚙️ Key Technology
🧠 Built on the Sui blockchain:
Walrus uses Sui as its base layer to coordinate and verify storage operations.
📊 Red Stuff Encoding:
A novel data encoding algorithm that breaks files into “slivers,” distributes them across nodes, and allows recovery even if many nodes fail. This cuts costs and boosts reliability.
💡 Programmable Storage:
Stored data is treated like blockchain objects, meaning applications can reference, control, and build logic around the stored files.
💰 The $WAL Token
$WAL is the natve utility token of Walrus and is central to how the network operates:
💳 Payment Token: Users pay WAL to store data on the protocol.
📊 Staking & Security: Storage nodes stake WAL to participate and earn rewards.
🗳 Governance: Token holders vote on protocol parameters and upgrades.
🔥 Burn Mechanism: Some fees are burned to introduce deflationary pressure and align inc
Maximum supply: ~5 billion WAL
Initial circulating supply: ~1.25 billion WAL
Large portion (~60 %) allocated to community incentives, reserves, and subsidies.DYOR