Bluzelle (BLZ) is an Ethereum based token complying with ERC-20 standards. The purpose of this token is to decentralize database storage and incentivize data holders. It solves the problem of prevailing blockchains i.e not designed for data storage and management. For instance, Oracle is used for data storage and management. It is a centralized system. Bluzelle is the counterpart and is introduced as a decentralized counterpart. Bluzelle uses an efficient swarming protocol which reduces theShow more [+] latency by acquiring data from the nearest or fastest nodes on the leaf swarm. The Bluzelle network can scale both horizontally and vertically. However, it is mostly scaled horizontally where every swarm is another unit of a meta-swarm. Bluzelle core focuses is on performance, reliability, and scalability. For this purpose, Bluzelle has launched internal tokens (BNT). For a user to get the BNT, they first need to purchase BLZ using Ethereum or Bitcoin etc, send BLZ to Bluzelle's gateway, in return user will get BNT tokens which can be used as a consumer.
Buzelle was developed by Pavel Bains and Neeraj Murarka. Both the founders have over 15 years of experience in software and technology. The team consists of 12 other members and 10 advisors including Ryan Fugger, the original creator of Ripple.