#walrus Walrus Protocol serves as a decentralized storage network built on the Sui blockchain, designed for efficiently storing large unstructured data blobs like media files, AI datasets, and blockchain history. It uses advanced erasure coding to split files into slivers distributed across nodes, enabling data reconstruction even if two-thirds of nodes fail, with a low 4x-5x replication factor.Key FeaturesWalrus supports high availability for NFTs, dApps, rollups, and enterprise backups through cryptographic proofs and delegated staking. Developers can store gigabytes of data cost-effectively via CLI, JSON, or HTTP APIs on its Devnet, with plans for broader node decentralization. It also enables programmable data access, modifications, and deletions directly via smart contracts.WAL Token UtilityThe WAL token pays for storage with fiat-stable pricing, where upfront payments distribute over time to nodes and stakers.Users stake WAL for network security, earn rewards, and participate in governance; it includes deflationary burns from stake shifts and slashing. Initial supply is 5 billion WAL, with over 60% for community via airdrops, subsidies, and reserves.$WAL @Walrus 🦭/acc