Walrus (WAL) is a next-generation Web3 token built on the Sui blockchain that powers the Walrus decentralized storage protocol. The project focuses on secure, private, and censorship-resistant data storage for users, developers, and enterprises. Unlike traditional cloud systems, Walrus uses decentralized infrastructure to store large files efficiently across multiple nodes.
The protocol leverages advanced technologies such as erasure coding and blob storage, which reduce storage costs while maintaining high data availability and security. WAL tokens are used within the ecosystem for governance, staking, and accessing storage services. Walrus also enables developers to build scalable decentralized applications (dApps) that require reliable and privacy-preserving data solutions.
By combining performance, decentralization, and cost efficiency, Walrus aims to become a strong alternative to centralized cloud providers and support the growing Web3 economy.
