Market Cap
$22,979,124.0
Fully Diluted Valuation
$25,276,500.0
24 Hour Trading Vol
$7,721,342.0
Circulating Supply
454,484,398.7
Total Supply
500,000,000.0
Max Supply
∞
Bluzelle Price
$0.051
24h Range
$0.050 - $0.059
Percent Change 1h
-2.11%
Percent Change 24h
-2.69%
Percent Change 7d
-12.04%
All-time high
$0.783
All-time low
$0.006549
1D
7D
1M
1Y
All
Bluzelle (BLZ) is a decentralized data storage platform designed specifically for the needs of decentralized applications (dApps). It provides a scalable and secure database solution that allows developers to store data efficiently while ensuring that it remains accessible and tamper-proof. Bluzelle employs a unique architecture that combines blockchain technology with a distributed network of nodes, allowing for high availability and redundancy. As of early 2024, Bluzelle aims to support various sectors, including gaming, finance, and digital identity, with a focus on providing developers with the tools necessary to build and scale their projects effectively.
Bluzelle was co-founded by Neeraj Murarka and Pavel Bains. Neeraj Murarka, a tech entrepreneur and blockchain enthusiast, has a background in software development and has worked on various tech projects before venturing into the blockchain space. Pavel Bains, who has extensive experience in the tech and finance sectors, has been instrumental in guiding the strategic direction of Bluzelle. Together, they have built a team dedicated to creating a robust data storage solution that meets the demands of modern decentralized applications.
Bluzelle operates using a decentralized network of nodes that store and manage data using a unique consensus mechanism. When developers create an application that requires data storage, they can utilize Bluzelle's API to interact with the network. The data is split into chunks and distributed across multiple nodes, enhancing security and availability. Bluzelle employs a mechanism called "data sharding," which allows it to scale horizontally, accommodating growing data needs without compromising performance.
The platform uses smart contracts to manage data requests and ensure that transactions are executed transparently. Users pay for data storage and retrieval using the native BLZ token, which serves as the utility token within the ecosystem. This tokenomics model incentivizes node operators to maintain the network’s integrity and performance, while also providing a means for developers to access the services Bluzelle offers.
Bluzelle's decentralized data storage solution can be applied across various industries. Some of the top use cases include:
Keeping your Bluzelle assets secure requires a combination of best practices in cryptocurrency and general digital security:
Investing in Bluzelle (BLZ) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Bluzelle: Once your account is funded, you can purchase Bluzelle directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Bluzelle using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Bluzelle (BLZ) is currently trading at $0.051 and exhibits good potential for future growth. Check the latest Bluzelle (BLZ) price prediction.
Recent Big Transactions
Recent Big Transactions
With any investment, your capital is at risk. The value of your portfolio with Botsfolio can go down as well as up and you may get back less than you invest. Past performance is no guarantee of future results. Read our (investment risk disclosure ) for more information. By using this website, you accept our (Privacy Policy) (Terms & Conditions) .
© 2024 © Botsfolio