Originally launched on Devnet in June 2024, Walrus's whitepaper was released in September 2024, with the Mainnet launch projected for 2025.

Akord, a secure storage platform, is migrating from Arweave to Walrus to provide a more cost-effective and versatile solution for its users.

Decrypt Media plans to integrate with Walrus, making it the first media outlet to store its articles and video content on the platform.

The protocol divides large files into smaller fragments, ensuring resilience and fast access to data, even if some parts are lost.

On October 17, 2024, Mysten Labs announced the launch of the public Testnet for Walrus Protocol, a decentralized storage network designed to efficiently store and deliver large data files, including rich media content.

Walrus Protocol is capable of integrating data from both web2 and web3 sources, providing a versatile solution for various applications.

Created by Mysten Labs, which comprises experts from Meta's Novi Research, Walrus aims to build foundational infrastructure for the emerging web3 ecosystem.

George Danezis, Chief Scientist at Mysten Labs, highlighted the growing need for decentralized storage networks to support diverse blockchain applications.

Walrus employs advanced storage verification techniques that significantly reduce costs associated with proving data storage, incentivizing nodes to store data effectively.

The Testnet leverages Sui as its coordination layer, enhancing storage management with features like speedy consensus and smart contract integration.

Key features of the Walrus Testnet include API endpoints for deletable blobs, a dedicated data explorer, and a comprehensive tokenomics ecosystem for its WAL token, which includes staking and rewards.