The Bluzelle database is bringing Web 3.0 style distributed storage capabilities on the Polkadot Substrate Framework aiming to become the first data layer for Web 3.0 as we read in today’s altcoin news.
The projects built on Polkadot’s Substrate Framework will enjoy distributed storage capabilities and the Web3 foundation is led by the founder of Polkadot Gavin Wood. Bluzelle database is working with the Web3 foundation to provide services for the emerging Polkadot ecosystem. The web3 foundation which is led by the founder of polkadot Gavin Wood, funds development and research teams that are building the technology for the decentralized web. These efforts are mostly focused on Polkadot whose cross-chain compatibility supports the applications that are ranging to gaming and Decentralized finance.
Bluezelle’s data delivery network protects the projects from further data breaches, performance issues, and network failures. Polkadot has a scalable shared blockchain that is designed to support cross-chain composability which is suited for launching decentralized applications. The data delivery network enables Dapps to realize this potential by removing the need for reliance on centralized data centers.
As a blockchain-agnostic storage solution for dapps, Bluzelle’s architecture correlates with that of Polkadot meaning that the developers are free to launch new parachains while still having access to reliable data networks. Dubbed the “Airbnb of databases” Bluzelle’s decentralized database allows developers to pay for extra storage space. While the data storage is the main foundation, Bluzelle is trying to develop data feeds and oracles for its next phase of evolution in order to bring faster and more secure internet.
We are thrilled to announce that Bluzelle is working with @Polkadot, the flagship project of the @web3foundation that is building a scalable, interoperable & secure network protocol for cross-chain applications.
— Bluzelle (@BluzelleHQ) September 15, 2020
The Polkadot (DOT) craze is still on, and the popular altcoin is even more popular now after its redenomination event on August 21st. As CoinMarketCap shows, the price of one DOT is $296 right now and DOT is among the most trending tokens in the coming altcoin news, followed by the DeFi tokens YF Value and YF Link which are next on the charts. This means that the project rised in terms of popularity, which is why it decided to get smaller and more attractive to potential investors. Data from CoinGecko is the one that suggests how Polkadot (DOT) is the most trending coin over the past 7 days.
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