Walrus (WAL) is the native token of the Walrus protocol, a decentralized and privacy-focused platform built on the Sui blockchain. Designed to support secure transactions, DeFi applications, governance, and staking, Walrus places a strong emphasis on data privacy and decentralization. One of its standout features is decentralized data storage, achieved through advanced techniques like erasure coding and blob storage. This allows large files to be distributed efficiently across a decentralized network, reducing costs while improving resilience and censorship resistance. Walrus aims to provide a powerful alternative to traditional cloud storage by enabling individuals, developers, and enterprises to store and manage data in a trustless, blockchain-based environment. With its focus on scalability, privacy, and real-world utility, Walrus represents an important step forward in decentralized infrastructure and Web3 innovation.
WAL
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