What does Walrus promise its users?

@Walrus 🦭/acc

Walrus (WAL) is a decentralized storage and data accessibility protocol developed by Mysten Labs and leveraging the power of the Sui ecosystem. The protocol's primary goal is to make on-chain data faster, safer, and more cost-effective. The network consists of independent storage nodes and distributes data across these nodes to provide durability, performance, and flexibility. Tools provided for developers and the Walrus Sites feature enable direct integration with web applications and on-chain projects.

When and by whom was Walrus established?
Walrus Protocol was developed by Mysten Labs, the same team behind the Sui protocol, in 2024.

Walrus infrastructure
Walrus is built on top of the Sui network.
What does Walrus offer to its users?
Walrus is a decentralized protocol that enables secure, fast, and programmable storage of large data files. It provides direct data management through smart contracts and produces tailored solutions for fields such as media, artificial intelligence, and NFTs thanks to its high-performance architecture. The system, operating on the Sui blockchain, ensures data integrity through cryptographically verifiable means. The WAL token supports the ecosystem's sustainability by being used for storage payments, staking, and governance. Thus, Walrus delivers a scalable and reliable infrastructure for web3 and AI projects.

Is Walrus mining performed?

WAL is not a cryptocurrency asset that involves mining.

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$WAL
{spot}(WALUSDT)