What is Bluzelle (BLZ)?
Bluzelle is a new Singapore based cryptocurrency which brings together the sharing economy and token economy. Bluzelle enables people to rent out their computer storage space to earn a token while dApp developers pay with a token to have their data stored and managed most efficiently.
Bluzelle (BLZ): History
Bluezelle is based on advanced blockchain technology, distributing data across the network to eliminate cyber attacks, guarantee privacy and scale on demand. The token was launched in November 2017. Pavel Bains, an entrepreneur, futurist, designer and investor in exponential technologies is the CEO and Co-founder of BLZ. Neeraj Murarka, Nitin Cunha, Scott Burch, Mehdi Abdeh Kolahchi, Richard Nistuk, Yingyao Xie are other important names that are not able to avoid in the case of BLZ.
How does Bluzelle (BLZ) work?
Bluzelle is a decentralized, on-demand, scalable database service for dApps. To ensure developers get the highest throughput in performance, reliability, and scalability, Bluzelle implements swarming technologies. A swarm is a large group of nodes (computers) that work together to store and manage data. Nodes in these swarms can go down, and new nodes can come up with minimal impact on the network. Bluzelle fills a need to make the decentralized Internet complete, by improving efficiency and scale of data storage and management.
Bluzelle database knows exactly what is being asked for and only responds with the needed data, making accessing and changing data more efficient. Instead of all data being accessed on a single server or several within the same company, the data will be spread out over as many “Producers” as there are on the network.
How to buy Bluzelle (BLZ)?
The user has to register and create a password for the wallet which should not be forgotten. The wallet is needed o keep the coin safe. Once the password is forgotten the user will lose the coin also. Then the user has to get some popular coins like Ethereum or Bitcoin. Go to an exchange like binance and purchase your BLZ with the coin in your hand.