What is Walrus Coin !!!
Walrus (WAL) is a decentralized storage and data availability protocol built on the Sui blockchain. It is designed to store large files (often called "blobs")—such as videos, images, AI datasets, and full websites—in a way that is significantly cheaper and faster than traditional blockchain storage.
Developed by Mysten Labs (the team behind Sui), it officially transitioned to its mainnet phase in early 2025 and has since become a major player in the Web3 infrastructure space.
1. How It Works: The "Red Stuff"
The core innovation of Walrus is a technology called Red Stuff. Instead of making a full copy of your file on every computer in the network (which is expensive), Walrus uses "erasure coding" to break a file into many small shards.
Efficiency: It only requires about 4–5x replication compared to the much higher costs of competitors like Arweave or Filecoin.
Resilience: Because of how the data is encoded, the original file can be perfectly reconstructed even if up to two-thirds of the network nodes go offline.
2. The WAL Token
The WAL token is the native currency of the ecosystem. It serves three primary purposes:
Payment: Users pay in WAL to store their data on the network.
Staking & Security: Node operators must stake WAL to participate. Regular holders can "delegate" their WAL to these nodes to earn a share of the rewards.
Governance: Token holders can vote on protocol upgrades and changes to the network’s economic parameters.
4. Why Use It?
Cost: Walrus claims to be up to 100x cheaper than older decentralized storage solutions.
Speed: It is optimized for "high-availability," meaning it’s fast enough to host actual websites (Walrus Sites) and stream media directly.
AI Integration: It is increasingly used to store the massive datasets required for decentralized AI models
