CandleFocus Sui’s Mysten Labs launches Walrus Protocol public testnet for decentralized storage
2024-10-17
Author: Content Editor
Mysten Labs has launched the public testnet for the Walrus Protocol, a decentralized storage network designed to store large data files such as videos, audio, and images. The testnet introduces features such as file deletion, a staking system, and an explorer tool. Walrus Protocol utilizes a method that breaks large files into smaller pieces and distributes them across different locations, ensuring continuous access to data even if some pieces are lost. The testnet is powered by the Sui blockchain and supports a testnet token called WAL for staking and earning rewards. Akord and Decrypt Media have joined Walrus as notable partners, with Akord moving its secure storage platform to Walrus and Decrypt Media integrating to store media files on the network. The protocol aims to provide fast and reliable decentralized storage for applications that store rich media.
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