Walrus is building a decentralized storage protocol that addresses a critical weakness in many blockchain systems: data persistence. While blockchains are excellent at executing logic and processing transactions, they are not optimized for storing large volumes of data over long periods. Walrus fills this gap by acting as the memory layer for Web3 applications, ensuring data remains accessible and reliable.
Through a decentralized network of storage nodes and redundancy techniques, Walrus reduces dependence on centralized cloud providers. The $WAL token is used to incentivize participants who provide storage and maintain data availability. This approach allows developers to build scalable applications for gaming, NFTs, AI, and other data-heavy use cases while preserving decentralization and censorship resistance.
