Akord, a Web 3.0 platform for securing and managing data, also begins its migration to Walrus Protocol.
Mysten Labs, the Web 3.0 infrastructure company, today announced that following a successful devnet, Walrus Protocol, a decentralized storage network, has launched its public testnet.
Walrus Protocol stores and delivers large data files, including rich media content, audio files, videos, images, PDFs and more, from any Web 2.0 or Web 3.0-based source.
These large files known as ‘blobs’ are stored quickly and efficiently by Walrus, whose storage is resilient, scalable, programmable and secure.
Walrus’s public testnet, and its testnet token, WAL, are served by Sui as the coordination layer.
Sui provides a dedicated management architecture for Walrus to store its global state and metadata offering speedy consensus, composability and the opportunity to integrate storage into smart contracts on Sui.
Walrus’s testnet launch will include the following.
- API endpoints that support deletable blobs, meaning data can be deleted.
- Dedicated Walrus explorer, allowing users to search data quickly and comprehensively, built by Stakestab Inc, maker of Suiscan and Blockberry API platform.
- Full tokenomics ecosystem for the Walrus token, WAL, including epoch management, staking and unstaking and rewards, as well as the WAL token faucet for developers.
- WAL staking app, developed by Mysten Labs.
George Danezis, chief scientist and co-founder at Mysten Labs, said,
“As blockchain projects aim to become more decentralized, it has been apparent for quite some time that a decentralized storage network was needed for networks of all kinds to support end-user applications with rich media and larger storage needs.
“Walrus testnet going live is a pivotal moment in that journey. With Akord and Decrypt beginning the migration over to Walrus, we’ll begin to see that a decentralized storage network can be used to bring various applications to a mass audience.”
Coinciding with the launch of Walrus’s public testnet, Akord a secure storage and collaboration platform, providing user-friendly, cost-effective and decentralized storage solutions for any digital asset announces its migration from Arweave to Walrus.
Akord is set to migrate to Walrus within the next week.
The move comes on the heels of Decrypt Media’s recent announcement of its plans to integrate…
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