#walrus $WAL Reconstructing the 'Digital Oil' Market: How Walrus Allows Data to 'Quote' Itself?

In the traditional storage market, prices are set by the platform as a 'fixed price'. Walrus is different; it has established a 'free market' for data storage. Storage nodes (sellers) quote their own prices, and the system uses an algorithm to find a fair price that 2/3 of the nodes can accept, based on the staking weights of all nodes. This means that prices are determined by real supply and demand and competition, just like countless micro 'cloud service providers' bidding for your storage business, ultimately allowing you to purchase reliable services at market-driven low prices.