Bluzelle
Current price
$0.009123
−3.22%24h
LiveUpdated 22s ago
TodayBluzelle falls 3.2%, in line with the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour0.00%
- 24 hours−3.22%
- 7 days−9.16%
- 30 days+0.68%
- 1 year−65.79%
Bluzelle's move in context
Moving with the market
−3.22% today, close to the whole market (−3.27%). Nothing specific to Bluzelle stands out in the price.
Trend has turned
−9.2% over 7 days and +0.7% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Bluzelle
Overview
Bluzelle is a decentralized data storage solution built specifically for the blockchain ecosystem, aiming to provide high-speed and secure data storage services to decentralized applications (dApps) and other blockchain projects. Its core mission is to create a decentralized, resilient, and scalable database for developers with the intent of overcoming the limitations of traditional databases that pose difficulties in terms of data accessibility, privacy, and control. Bluzelle distinguishes itself by allowing users to have meaningful control over their data while benefiting from a secure storage infrastructure.
The platform leverages cutting-edge blockchain technology to ensure that data can be stored, accessed, and managed in a distributed way, minimizing the risks associated with centralized data repositories and promoting user ownership and privacy.
Technical Features
Bluzelle operates on a unique database technology designed specifically for the decentralized environment. It utilizes a proof-of-stake consensus mechanism that enhances network security and ensures that all nodes in the network validate transactions efficiently. The security model of Bluzelle relies on a high degree of redundancy and distribution, allowing data to be encrypted and spread across a network of nodes.
One of Bluzelle’s distinguishing features is its ability to provide seamless access to distributed data, allowing for quick retrieval and deadlock-free interactions. Additionally, the network architecture is designed to scale horizontally, ensuring that as more nodes join the network, the overall storage capacity and performance are enhanced. Bluzelle also uses an innovative framework to facilitate database management relevant to decentralized environments, which includes advanced querying features without compromising on speed or scalability.
Use Cases
Bluzelle has a multitude of use cases across various industries. Its primary application exists within decentralized finance (DeFi) where it plays a pivotal role in managing data for financial applications without the need for centralized intermediaries. Moreover, Bluzelle can be utilized for content distribution, enabling decentralized applications such as social networks and online marketplaces to store and manage user data securely.
It also supports governance frameworks where Bluzelle’s decentralized storage can safeguard vote data or transaction records. Other applications include the storage for non-fungible tokens (NFTs), where artists and creators can house their digital assets securely, ensuring their authenticity and provenance. The potential for cross-border payments is another significant application, ensuring that transaction data is reliable and readily accessible in a decentralized manner.
Development Background
Bluzelle was founded in 2014 by Neeraj Murarka and Pavel Bains, who saw the rising demand for decentralized data solutions as blockchain technology gained traction. Initially launched as a Centralized Database Solution, the project rapidly evolved into a fully decentralized platform aimed at catering to the specific needs of dApp developers. Significant events in its development history include the successful completion of a crowdfunding campaign and subsequent partnerships with various blockchain projects to bolster its ecosystem.
Community and Ecosystem
The Bluzelle ecosystem is characterized by a robust community of developers, partners, and users who share a common goal of advancing decentralized technology. Numerous projects are built on or benefit from Bluzelle’s services, ranging from gaming to finance. Strong partnerships with industry leaders help support the network’s growth, bringing expertise and resources that contribute to ongoing development efforts.
The community is actively engaged through conferences, webinars, and forums, allowing contributors to share insights, collaborate on projects, and further strengthen the decentralized movement that Bluzelle champions.
Future Potential
The future potential of Bluzelle lies in its innovative technology and alignment with the rapidly expanding decentralization trend within the tech space. As more developers recognize the advantages of decentralized storage, Bluzelle stands poised to become a leading provider of such solutions, creating new opportunities for widespread adoption across various sectors. Upcoming features on its roadmap include advanced AI integrations for smarter data management and expanded capabilities to enhance user experience further.
With a focus on continuous improvement and community engagement, Bluzelle is set to make a significant impact in shaping the future landscape of decentralized data solutions and blockchain technology beyond its core applications.
Bluzelle market
- Position by market cap among the coins we track.
- #388
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $4.29M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.009123High $0.009427
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $0.7831
- Now 1% of itReached 10 Feb 2018 · Needs +8,484% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 470.5M BLZ
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 500M BLZ
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- No limit listed
- The most coins that can ever exist. Some coins have no limit.
Bluzelle converter
1 Bluzelle = $0.009123