Bluzelle
Bluzelle (BLZ) is a blockchain-based decentralized network for storing data. It is intended to provide a more secure and dependable method for businesses to store and manage their data, as well as faster access times and reduced expenses. With Bluzelle, organizations can gain more control over their data, minimize their dependency on centralized data storage providers, and enhance the security and dependability of their data storage systems.
Bluzelle operates by establishing a decentralized network of data-storing and data-management nodes. When a company needs to keep data on the Bluzelle network, it divides it into smaller bits and distributes it over several nodes. This makes sure that the data is always available, even if a node fails or something else goes wrong.
Neeraj Murarka and Pavel Bains started the company in 2014, naming it Bluzelle at the time. Initially, Bluzelle concentrated on creating blockchain applications for banks. The company shifted its business model in 2017. Bluzelle has developed a database storage layer where DApp developers and organizations may store their vital data in response to the growing demand for decentralized storage systems.
Security: It makes it less likely that your in-game NFTs will get lost or stolen. The protocol was designed from the ground up to safeguard the intellectual property of users. Creators can create music, films, research, and platforms and store their data on Bluzelle.
The protocol keeps this data secure by encrypting it and storing it in multiple places across the network. This method makes security better by getting rid of the single point of failure.
Dapp Developers: One of the biggest problems that Bluzelle helps to solve is developer storage problems. While creating a Dapp, the Dapp data must be kept on a blockchain. Using this data or carrying out smart contracts can take time as well as money, depending on the network.
Bluzelle presents a distributed infrastructure that offers Dapps rapid and scalable database access. The system is set up to make sure that this data is handled, stored, and sent in the most efficient way possible. This strategy makes the experience of using a Dapp more exciting and enjoyable.
Swarms: Bluzelle's swarm, like standard blockchain nodes, serves as the foundation of the entire network. The swarm protocol consists of a network of data-storage nodes. The singleton meta swarm denotes the whole swarm framework.
In contrast, the virtualized metaswarm is composed of a colony of leaf swarms, which are the individual swarms that come together to form the overall virtualized body. Each leaf swarm holds information that is transferred with the virtualized metaswarm.
Producers and Karma: Those in the network who contribute storage space are referred to as "producers," and those who make use of that space are called consumers. When a user uploads data, it is saved on clusters of nodes located all over the world. Many storage nodes avoid network failures, human interference, and natural disasters that cause problems. In addition to providing security, the setup makes data available to DApp developers locally, resulting in better performance.
Bluzelle offers to protect and safeguard data storage services. The BLZ blockchain has been adopted by a number of different companies for securing data clusters, and Quadrant Protocol is among them. Using blockchain technology, Quadrant is able to provide its users with 100% decentralized data asset verification without depending on traditional centralized sources and cloud-based solutions. Bluzelle can also be used for a variety of other purposes. For example, it has collaborated with Portal Network to provide both technical and non-tech customers with user-friendly domain names and database operations. Users can purchase a personalized, human-readable domain name for their crypto wallet address through Portal Network. The resulting webpage can also connect to the Bluzelle database to perform CRUD operations.
DATE NEWS/EVENTS IMPACT 06/02/2023 Bluzelle introduces Layer One Chain to accelerate game adoption for Cosmos +35% Increase 12/11/2021 Bluezelle price increases after Team announces collaboration With Metaverse +28% Increase 18/05/2021 China prohibits financial and payment institutions from offering cryptocurrency services -85% Decrease
Bluzelle is a well-known blockchain project whose mission is to contribute to the overall growth of the decentralized web. It aims to establish a new benchmark for Web 3.0 and decentralized applications by developing a scalable ecosystem where companies and DApp developers may store vast volumes of data safely.
Bluzelle's concept also includes decentralized web hosting, which differentiates it from similar ventures. Bluzelle remains committed to Web 3.0-related development.
