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Bluzelle (BLZ) is the 439th largest cryptocurrency in the world by market cap, valued at $45,905,000. The current price of Bluzelle is $0.09181, which is -9.725% lower than yesterday. Prices have ranged between $0.107101 and $0.077736 over the past 24 hours. All prices are listed in US dollars and accurate as of February 03, 2023 05:02 UTC.
Bluzelle is a decentralized protocol that runs on the Cosmos network, with crosschain compatibility. Over the last few years, the demand for secure, decentralized storage for blockchain-based applications soars.
Recognising this, Bluzelle intends to provide app developers, artists and publishers the ability to protect their intellectual property through a censorship-resistant, dependable network for NFTs and decentralized finance (DeFi) services. Bluzelle’s protocol is built using the Proof-of-Stake (PoS) consensus mechanism, and can facilitate up to 10,000 transactions per second (TPS). What’s unique about Bluzelle’s database is that node validators – charged with validating transactions and securing the network – can be run on ANY device. Mobile phones, video game consoles and PCs alike can all become a node, allowing for a massive, scalable and secure ecosystem. BLZ is the native token of the Bluzelle protocol. These coins are vital for economic security, and can be staked, used to build dApps and to store files on the Bluzelle blockchain.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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