Walrus ($WAL) is a decentralized storage and data availability network specifically designed for the Web3 and AI era. Developed by Mysten Labs (the creators of the Sui blockchain), it aims to provide a high-performance, cost-effective alternative to traditional cloud storage like AWS or Google Cloud.
Unlike many earlier storage protocols that replicate entire files across multiple nodes, Walrus uses a unique method called "Red Stuff" to ensure data stays safe and accessible without the massive overhead.
Key Features of Walrus
Decentralized Blob Storage: It specializes in "blobs"—large, unstructured data files like 4K videos, massive AI training datasets, and high-resolution NFT media. @Walrus 🦭/acc #Walrus $WAL
WAL
Alpha
0.12539
-3.79%