TechFlow news, on September 17 in Singapore at the BuilderHouse conference, Walrus announced it will officially become an independent Delegated Proof-of-Stake (DPOS) network and release its native token WAL for network management and incentives. Walrus also released a whitepaper detailing its encoding scheme, read/write operations, token economics, blob long-term availability guarantees, and future design possibilities. The whitepaper emphasizes the use of the WAL token in staking, payments, and governance, as well as how Walrus achieves security and efficient scalability through innovative technologies.
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