The $WAL token is more than just a method of payment within the Walrus ecosystem.
It plays a significant role in the network’s governance, allowing token holders to propose changes, vote on protocol upgrades, and decide the future trajectory of the platform.
This decentralized decision-making mechanism ensures that the community drives the growth and evolution of the project.
SO WHATS YOUR THOUGHTS ABOUT @Walrus 🦭/acc
Walrus employs erasure coding, a form of data redundancy that improves efficiency and reduces costs. This technology ensures that data is stored securely without needing to be replicated across numerous nodes.
For developers, Walrus offers a unique set of APIs and smart contract tools that can seamlessly integrate decentralized storage into any blockchain application.
