Decentralized Database Provider Bluzelle (BLZ) presents an instrument designed to decentralize NFT marketplaces
- Bluzelle presents R2, here’s why it’s crucial for NFTs
- Bluzelle boosts Mintable’s architecture
The new product will significantly advance the usability, security and transparency of the non-fungible token markets.
Bluzelle presents R2, here’s why it’s crucial for NFTs
According to the official announcement shared by the Bluzelle team, its long-awaited decentralized data storage module, R2, is now live.
Our main NFT storage network and other augmented staking rewards are live!
We are increasing our daily wagering rewards for the remainder of 2021 by four times (4x) the value of the winnings.
Find out more 👇https: //t.co/RS97DdPieO
– Bluzelle (@BluzelleHQ) 22 October 2021
The team promotes this novelty as a flexible and ‘unstoppable’ data storage solution for consumer use. It acts as a distributed hosting platform with high security, unmatched uptime, and censorship resistance.
All Bluzelle system data is stored on a distributed network of nodes. This is its main advantage over the interplanetary file system (IPFS). Currently, IPFS is considered the most “decentralized” data storage solution.
In large part, Bluzelle’s R2 targets digital collectibles markets as its primary audience. Its peer-to-peer architecture of over 50 nodes is suitable for storing large amounts of data associated with NFT trading.
Bluzelle boosts Mintable’s architecture
Pavel Bains, CEO of Bluzelle, emphasizes that this solution has no drawbacks in terms of ergonomics and user-friendliness:
Time and time again in crypto we see solutions that are not as decentralized, not as secure, or not as advanced become the norm. Why? Because people care about usability first and foremost, and that factor will always trump any kind of ideological or “nice to have” criteria. This is why our file storage solution is intended to be decentralized without sacrificing user-friendliness.
Mintable’s premier NFT platform is the industry’s first heavyweight to leverage Bluzelle’s instruments in its operations. Zach Burks, Founder and CEO of Mintable, is excited about Bluzelle’s product:
With Bluzelle, we have permanent file storage that is decentralized across the globe for your NFTs – so in 50 years, they will still be there and valuable.
As covered by U.Today previously, cooperation with startups DeFi and NFT is at the center of the Bluzelle team in 2021.
In May, the project released version 2.0 with extended functionality.