What Is Walrus (WAL)?
Walrus is a decentralized storage protocol designed to efficiently store and manage large data files, known as blobs. Unlike traditional cloud storage solutions, Walrus operates on a network of independent storage nodes, ensuring data remains accessible even if some nodes fail. The protocol utilizes advanced erasure coding, specifically the Red Stuff encoding method, to reduce storage costs and enhance data retrieval efficiency. By integrating with the Sui blockchain, Walrus ensures decentralized control, enabling blockchain-based coordination and incentivization for storage nodes, making it a potential solution for decentralized applications needing reliable and cost-effective storage.
How Walrus Works
Walrus operates on a delegated Proof-of-Stake (dPoS) mechanism, where users stake WAL tokens to participate in the network and earn rewards. Data is broken into smaller units called slivers and distributed across multiple nodes, ensuring redundancy and availability. Walrus uses the Red Stuff encoding protocol, which splits data into two dimensions for efficient storage and fast recovery. The system includes proof-of-availability challenges to ensure that storage nodes are holding the data they claim. Each epoch, a committee of storage nodes is selected based on their stake in the network, helping to ensure the scalability and security of the decentralized storage system.
Who Are the Founders of Walrus?
Walrus was developed by Mysten Labs.
How Many Walrus (WAL) Tokens Are in Circulation?
WAL, the native token of the Walrus ecosystem, is available on various exchanges. It has a total supply of 5 billion tokens.
How to Buy Walrus (WAL) on Bitget?
Consider investing in Walrus (WAL)? Follow these steps:
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Verify your identity.
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Deposit funds.
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Check out the available Walrus trading pairs on Bitget.
Is Walrus a Good Investment?
Walrus offers an innovative solution to the growing demand for decentralized storage, but like any emerging technology, it carries risks. Investors should carefully evaluate the potential rewards and risks, considering the current market and the project's early-stage development.
Buy Walrus in Malaysia with Bitget
Simple 3-step guide to buying WAL today in Malaysia
Create your free Bitget account
Select a funding method
Complete your Walrus purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Walrus using a payment method of your choice:
Buy Walrus with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Walrus order.
How to buy crypto with credit/debit cardBuy Walrus with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Walrus is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Walrus order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Walrus order.Buy Walrus with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Walrus order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Walrus in your Bitget spot wallet
Bitget—where the world trades Walrus
How to buy Walrus for free
- Learn how to earn Walrus for free through the Learn2Earn promotion
- Earn free Walrus by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Walrus airdrops by joining On-going challenges and promotions
Buy Walrus
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Buy Walrus in a different country
Malaysia is a country in Southeast Asia, consisting of thirteen states and two territories with a population of 33,871,431. Malaysia is bordered by Thailand, Indonesia, Singapore, and Vietnam. Kuala Lumpur is the ceremonial, legislative, and judicial capital and largest city. And the official capital is Putrajaya.
The currency of Malaysia is the Ringgit (MYR). It does only take a few minutes to buy Walrus(WAL) or other cryptocurrencies on Bitget by MYR, including Crypto Deposit, P2P Trading, and Third-Party Payments (using your own credit card, Apple Pay or Google Pay.)
Whether you're in Kuala Lumpur, Putrajaya, Kuching, Ipoh, and George Town…Bitget is ready to serve any kind of need in cryptocurrency, no matter P2P, spot, or futures trading.
Malaysian Malay, a standard variety of Malay, is the country's official language. English remains an active second language. And the Bitget app and website are available in English.
Malaysia is divided into two parts by the South China Sea, Peninsular Malaysia, and Borneo's East Malaysia. Wherever you are in Malaysia, there is no better place to trade cryptocurrencies or crypto futures than right here with Bitget, which has already acquired the U.S. MSB License, Canada MSB License, and Australia (DCE) License.
Malaysia is the ex-colony of Great Britain. Malaysians, Chinese, and Indians are the major population of Malaysia. Petronas Twin Towers at Kuala Lumpur, Perhentian Islands, Sipadan Island, and Penang Hill are the most famous attractions in Malaysia.