Walrus will transform into an independent DPOS network and release its native token WAL

According to TechFlow, on September 17, at the BuilderHouse conference in Singapore, Walrus announced that it would officially become an independent Delegated Proof of Stake (DPOS) network and release the native token WAL for network management and incentives. Walrus also released a white paper detailing its coding scheme, read/write operations, token economics, long-term blob availability guarantees, and future design possibilities. The white paper focuses on the application of WAL tokens in staking, payment, and governance, and how Walrus achieves security and efficient expansion through innovative technologies.