BLZ
No. 467Price
Markets
Market | Price | 24H Change | 30D Change | 24H Volume | 24H Value |
---|
- Coin Introduction
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%
Investing in cryptocurrencies carries market risks and price volatility. Before buying or selling, investors should consider their investment objectives, experience, and risk tolerance. Investments can result in partial or total loss, and investors should determine the investment amount based on the level of loss they can afford. Investors should be aware of the risks associated with crypto assets and seek assistance from financial advisors if in doubt. Additionally, there may still be unforeseen risks. Investors should consider their financial situation with diligence before making any trading decisions. The opinions, news, analysis, etc., provided on this website are market commentary and do not constitute investment advice. The platform is not responsible for any profit losses incurred due to reliance on this information.
The cryptocurrency data displayed on the platform (such as real-time prices) is sourced from third parties and for reference only, no guarantees provided. Trading on the internet comes with risks, including software and hardware failures. The platform does not control the reliability of the internet and is not responsible for any losses resulting from connection failures or other related issues.