ranking item image

Bluzelle (BLZ)

Cryptocurrency

About

Bluzelle is a decentralized database solution designed to support decentralized applications (dApps) and games by providing scalable and secure data storage. It operates on a peer-to-peer network, connecting users who need storage with those who have redundant computing resources. This setup allows for a flexible and cost-effective way to manage data without relying on centralized servers. The network uses a dual-token system, featuring BLZ (an ERC-20 token) and BNT (the internal network token), which are exchangeable to facilitate transactions within the ecosystem. Bluzelle's architecture is built on the Tendermint/Cosmos protocol, enabling high scalability and reliability through sharding and node networks called "Swarms." It supports decentralized web hosting and offers features like low latency and high performance, making it suitable for real-time applications. The BLZ token is central to the ecosystem, used for payments, staking, and governance. It incentivizes node operators and users who contribute resources to the network. Overall, Bluzelle aims to create a robust infrastructure for the decentralized internet, enhancing data security and user privacy.