There 2000+ different crypto projects listed on CoinMarketCap. Most of the projects provide almost similar services to the users of the market. As the market saturates, it is highly likely that most of the projects which provide redundant services will be wiped out from the scene. So, what makes a project strong and gives it more chances of survival? The answer, a strong use-case.
If a project does not provide a viable use-case, it is less likely that the project will go the long way. Bluzelle seems to hold a pretty strong ground in this regard. As decentralized applications (dApps) are getting more and more popular, there arises a strong need for a decentralized database management system to be used alongside dApps, and this is exactly what Bluzelle targets. Its token is BLZ and is based on the ERC20 standard.
Talking to BlockPublisher regarding Bluzelle’s long-term vision, Micheal Hills, a Bluzelle’s community member and promoter stated:
We believe that a decentralized database management solution is needed in the majority of dApps, so Bluzelle has great potential if dApps become widely used.
Talking about Bluzelle’s utilities, Micheal stated:
We believe Bluzelle will be providing services to many dApps going forward, giving the project constant stream of news flow which is important in the crypto market.
Now what makes Bluzelle different from a lot of the other projects is its scalability management. Unlike traditional Ethereum and Bitcoin networks, Bluzelle operates in swarms. Instead of the entire network processing a transaction with each node acting busy, Bluzelle allows data replication within a swarm of nodes only. In this way, transactions are held back from clogging the entire network.
Talking about Bluzelle’s scalability and its difference from other data storage services currently present, Micheal stated:
Bluzelle is designed from the ground up for scalability. Traditional blockchain models like Bitcoin and Ethereum rely on every node processing every transaction in order to validate new blocks. The consequence is that adding more nodes to the network does not increase it’s computing power , in fact a larger network is slower because it suffers a higher overhead. Bluzelle’s novel swarm-of-swarms architecture enables it to effortlessly scale up to handle arbitrarily large amounts of data because each shard of data is replicated only within a single swarm.
So, the data is only replicated within a swarm and not on the entire network. But who determines these swarms? Answering this question, Micheal stated:
As part of the swarm management lifecycle, you may need to view or update a node by listing nodes in the swarm or inspecting an individual node or update a node or leave the swarm.
The use-case that Bluzelle is targeting is certainly genuine. Decentralized data management is definitely going to become the need of the hour as dApps get more and more popular. It aims at giving individuals and businesses complete control of their data through the employment of the revolutionary blockchain technology. Also, scalability management through its swarm-of-swarms architecture makes Bluzelle one project to look out for in the long run.
Edited on 10/23/2018 12.38 PM PKT for fact correction regarding Micheal’s link with Bluzelle.