Bluzelle (BLZ): hey, I think this is the first time we’ve talked about it on Cryptocurrencies but hey! There is a first time to everything. However, the project has good potential and could even play a key role in the development of Dapps. Let’s bring the BLZ project out of the shadows, which has a lot to offer for both tech addicts and investors.
Pledge your BLZ tokens to earn more
Bluzelle announced that its mainnet will be available on August 8, 2020; this event will also mark the launch of staking on the platform.
Staking will give holders of BLZ the possibility of pledging their tokens to receive winnings.
The CEO of Bluezelle, Pavel Bains, said that given the support the network enjoys, his team wanted the community to receive tangible rewards as soon as possible.
The staking program is structured so that early adopters get a significant portion of the earnings; it is also an added incentive to participate in staking from the start.
The launch of this mainnet follows the success of a 3-week testnet program called ” Swarm of Duty “.
Web3 protocols: another geek trick?
This announcement comes at a time when the idea of distributed storage and Web3 protocols are starting to gain traction.
Given the risks posed by the centralized architecture to hacking and exploiting personal data, many are in favor of an alternative system based on self-ownership of data. Until now, there has not been a network capable of making this vision a reality.
Designed on a 10,000 TPS blockchain and secured by a delegated proof of stake (DPoS) consensus, Bluezelle could form the heart of a distributed storage solution for decentralized applications.
Bluzelle should allow developers to obtain multi-regional coverage at the same cost as cloud solutions and could become a viable option to traditional storage networks for the Web3.
See you on August 8, 2020 – ah but it’s today! – to welcome the BLZ mainnet: we will see if reality will live up to the promises. Between Ethereum (ETH) 2.0 and now BLZ, there is no shortage of projects that offer or intend to offer staking. The cryptosphere: soon the perfect place to earn passive income? As long as we don’t start selling dreams!
Litecoin, welcome in the Silver Age