Mysten Labs is elevating decentralized storage with Walrus, a secure and scalable blob store currently housing more than 12 TiB of data. The developer community is already involved—more than 200 builders took part in Breaking the Ice to investigate app opportunities in decentralized storage.
Walrus is transforming into an autonomous decentralized network with its own utility token, WAL, that facilitates governance and network activities. Storage nodes will operate Walrus through a delegated proof-of-stake mechanism, guaranteeing dependable, long-lasting data accessibility. An independent Walrus Foundation backs the network, promoting adoption, innovation, and community assistance for both developers and users.
The newly released whitepaper outlines the technical framework: effective encoding and read/write processes, storage node rearrangement over epochs, tokenomics, staking incentives, and governance. Proactive designs seek to enhance auditability, service excellence, and light node involvement.
With a distinct plan and community-centric mindset, Walrus aims to transform decentralized storage, providing developers with resources to create secure, smart, and resilient applications that scale seamlessly.
