Mysten Labs Unveils Walrus: A Decentralized Storage and Data Availability Protocol
Mysten Labs, the team behind the Layer 1 blockchain Sui ($SUI), has introduced Walrus, a groundbreaking decentralized storage network designed for blockchain applications and autonomous agents. Utilizing advancements in erasure coding, Walrus efficiently encodes large unstructured data into smaller fragments, which are then distributed across a network of storage nodes, ensuring speed and reliability.
Developers can now take advantage of Walrus through a binary client for command line use, as well as a JSON API and HTTP API for seamless integration.
Current stats for $SUI:
Price: $1.86Market Cap: $5.14MFully Diluted Valuation (FDV): $18.6B
This innovative storage protocol offers a robust solution for the decentralized future.
