Walrus (WAL) is a decentralized data storage protocol designed to enable the efficient storage and retrieval of large binary files, or "blobs". Built on the Sui blockchain, it allows developers to publish, read, and manage rich media content such as videos and images using programmable smart contracts. With a focus on reliability and cost-effectiveness, Walrus aims to revolutionise how data is stored and accessed in the Web3 ecosystem.
MoreWalrus operates by utilising a network of decentralized storage nodes to securely store unstructured data. It employs advanced techniques such as erasure coding to keep storage costs low while ensuring high availability. The WAL token is used for payments and governance within the ecosystem, allowing users to interact with the protocol seamlessly.
MoreYou can purchase Walrus (WAL) easily at Coinmerce. Just select the WAL coin, choose your preferred payment method, and receive your WAL tokens directly in your wallet.
MoreWant to buy Walrus (WAL)? At Coinmerce, you can purchase WAL using various payment methods, including iDeal. First, log in to your Coinmerce account. Navigate to the "Coins" section in the top menu, where you will find a list of all the cryptocurrencies available for purchase. If you don't see Walrus (WAL) listed, use the search function to quickly locate it. Once you click on Walrus, you will see a window on the right side where you can enter the amount in euros that you wish to invest in WAL. The equivalent amount of WAL tokens will be displayed below. If everything looks good, click on "Buy" to complete your transaction and have your WAL tokens delivered to your wallet.
Walrus is developed by Mysten Labs, a team of Web3 infrastructure builders focused on enhancing decentralized applications. The unique aspect of Walrus is its ability to store any size of data on-chain, which is a significant advancement in the field of decentralized storage. By leveraging Move-based smart contracts, Walrus enables developers to create innovative applications that can efficiently manage both on-chain and off-chain data. The protocol's architecture ensures that data remains accessible and secure, even in the event of node failures or malicious attacks. With the WAL token, users can delegate stake to storage nodes, participate in governance, and pay for storage services, making Walrus a versatile and powerful tool in the expanding Web3 ecosystem.