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BLZ

No. 729
Bluzelle
AMM
Storage
Distributed Computing
BLZ Price Today
0.04906
USD
-6.84%
Lower Price
0.04860
Upper Price
0.05485
24H Value(USD)
13.89K
Total Market Cap(USD)
24.35M
Circulating Market Cap (USD)
22.13M
Total Circulation
454.48M
90.89%
Total Supply
500.00M

Price

BLZ Price Change
24H
-6.86%
7 days
-14.38%
30 days
-35.18%
90 days
-63.46%
180 days
-71.56%
365 days
-85.24%
All
-91.06%

Markets

Exchange
Market
Price
24H Change
30D Change
24H Volume
24H Value
0.049105
-6.84%
-34.71%
271.66K BLZ
13.90K USDT

Introduction

Feed

1. Project introduction

Bluzelle is a decentralized, on-demand, scalable database that dynamically adjusts the number and location of data sharding nodes, providing enterprise-class scalability for ADpps to manage data in a secure, tamper-proof, and highly scalable manner. Bluzelle encourages users to rent and share their resources to build a decentralized network of digital economy databases.

Technical features:

Bluzelle can reduce latency by retrieving data from the nearest node in the leaf cluster, and greatly increase speed by retrieving data in parallel with the fastest node in the leaf cluster. It has the following characteristics:

(1) Reliability: Using the concept of fog algorithm or cluster algorithm, 100% of the data of each unit is copied to the leaf group in the cluster, so that the data is protected from local interruption caused by natural or human factors;

(2) Scalability: Bluzelle database is extensible from both horizontal and vertical.

Team's vision: to make the internet a safer and more secure place for the data of people and businesses.

2. Team introduction

CEO & CO-FOUNDER: Pavel Bains

CTO & CO-FOUNDER: Neeraj Murarka

3. Investment institution

NGC Ventures

4. Application and distribution

Total supply: 500,000,000

Token application:

The token are functioned for network transactions fees, BluzelleDB & Oracles services fees, and governance.

Token distribution:

Public: 40%

Reserved for future use: 20%

Founding team: 15%

Early backers, advisors and 2016 initial investor & strategic partner: 15%

Developer and community growth fund: 10%

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