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docs: add whitepaper blog post (#124)
Same content as on the [Mysten Labs blog](https://www.mystenlabs.com/blog/announcing-the-official-walrus-whitepaper) with slightly adjusted links. Also makes capitalization in titles of the blog part of the docs consistent.
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# Announcing the Official Walrus Whitepaper | ||
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In June, Mysten Labs announced Walrus, a new decentralized secure blob store design, and introduced | ||
a developer preview that currently stores over [12TiB](https://capacity.walrus.site/) of data. | ||
[Breaking the Ice](https://info.breakingtheice.sui.io/) gathered over 200 developers to build apps | ||
leveraging decentralized storage. | ||
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It is time to unveil the next stage of the project: Walrus will become an independent decentralized | ||
network with its own utility token, WAL, that will play a key role in the operation and governance | ||
of the network. Walrus will be operated by storage nodes through a delegated proof-of-stake | ||
mechanism using the WAL token. An independent Walrus foundation will encourage the advancement and | ||
adoption of Walrus, and support its community of users and developers. | ||
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Today, we published the Walrus [whitepaper](../walrus.pdf) (also on | ||
[GitHub](https://github.com/MystenLabs/walrus-docs/blob/main/docs/walrus.pdf)) that offers | ||
additional details, including: | ||
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- The encoding scheme and Read / Write operations Walrus uses to ensure both security and efficient | ||
scaling to 100s and 1000s of storage nodes, including interactions with the Sui blockchain which | ||
serves as a coordination layer for Walrus’ operations. | ||
- The reconfiguration of storage nodes across epochs, and how the protocol ensures available blobs | ||
on Walrus remain available over long periods of time. | ||
- The tokenomics of Walrus based on the WAL token, including how staking and staking rewards are | ||
structured, how pricing and payments for storage are handled and distributed in each epoch, and | ||
the governance of key system parameters. | ||
- Forward-looking design options, such as a cheap mechanism to challenge and audit storage nodes, | ||
options for ensuring reads with a higher service quality, possibly against a payment, and designs | ||
that empower light nodes to meaningfully contribute to the protocol’s robustness, serve reads, and | ||
be rewarded. | ||
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The whitepaper focuses on the steady-state design aspects of Walrus. Further details about the | ||
project, such as timelines, opportunities for community participation, how to join the network as a | ||
storage node, and plans around light nodes, will be shared in subsequent posts. | ||
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To be part of this journey: | ||
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- Follow us on [Twitter](https://x.com/WalrusProtocol) | ||
- Join our [Discord](https://discord.com/invite/walrusprotocol) | ||
- [Build apps](../README.md) on Walrus | ||
- [Publish a Walrus Site](../walrus-sites/intro.md) and share it |