Walrus Testnet: Decentralized Storage Backed by Sui Network

Walrus is a decentralized storage platform . The project has launched a public testnet on the Sui blockchain. Walrus Testnet: Decentralized Storage Backed by Sui Network on Coinatory.

Oct 21, 2024 - 12:19
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Walrus Testnet: Decentralized Storage Backed by Sui Network
Walrus Testnet: Decentralized Storage Backed by Sui Network

Walrus is a decentralized storage platform built for security, efficiency, and durability. It lets users store large files like media, AI datasets, and blockchain history at an affordable price. With fast read and write speeds, it’s ideal for applications that need dependable and scalable storage. Plus, Walrus offers programmable storage, allowing users to buy, trade, and manage versions of their resources.

The project has launched a public testnet on the Sui blockchain and has already received support from Sui Network on their official X account.

Check our prevoius post “Memes Lab Airdrop on Telegram Backed by Notcoin”

Step-by-Step Guide:

  1. Firstly, we need to download Sui wallet
  2. Login with your email
  3. Click on the gear icon in the top right corner. Then, click on “Network” and select Testnet.
  4. Next, we need to get test Sui tokens. Copy your Sui wallet address and go to website
  5. Enter your wallet address and click “Give me sui!”
  6. Now we should swap our test Sui to Wal tokens. Go to website
  7. Connect Sui wallet. Click “Get Wal”.
  8. Enter the number of tokens you want to swap for Wal (Walrus) tokens. We recommend making multiple swaps at once.
  9. Next, Stake your Wal tokens. Minimum stake is 1 WAL
    Walrus image 1

A few words about Walrus Protocol:

The Walrus Protocol enables efficient storage and delivery of large data files, such as rich media, audio, video, images, PDFs, and more, from both web2 and web3 sources. These large files, called blobs, are stored quickly and securely using Walrus’s resilient, scalable, and programmable storage. Walrus’s public testnet, powered by Sui as the coordination layer, uses the WAL testnet token. Sui provides the management framework for Walrus to handle global state and metadata, offering fast consensus, composability, and the ability to integrate storage into smart contracts.

The testnet launch will include:

  • API endpoints that support deletable blobs, allowing users to remove stored data.
  • A dedicated Walrus explorer, built by Stakestab Inc., creators of Suiscan and Blockberry API Platform, for comprehensive and fast data searches.
  • A full tokenomics system for WAL, including epoch management, staking, unstaking, and rewards, along with a token faucet for developers.
  • A WAL staking app, developed by Mysten Labs.

Walrus Testnet: Decentralized Storage Backed by Sui Network on Coinatory.

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