Furthermore, Bluzelle’s introduction of the file storage mainnet marks the company’s move from a bare data storage service to a hosting platform for all sorts of data that need top security, unmatched uptime, and censorship defiance, among other characteristics.
In a similar vein, these characteristics will make Bluzelle an excellent platform for hosting content that is linked to non-fungible tokens (NFTs). This material contains 3D digital art works or video clips of certain occasions, which are shown in NFTs, among other things. “Numerous times in crypto sector, we see systems that are not not as decentralized, not as safe, or not as sophisticated becoming the standard,” said Pavel Bains, the CEO of Bluzelle, in response to this issue.
Why? “Because people are more concerned with utility value above all else, and this element will always take precedence over any ideological or ‘good to have’ considerations. As a result, our file storage system strives to be decentralized while maintaining high usability levels. In the process of creating a cool piece of technology for its own sake, too many engineers lose sight of the fact that their work will be seen by others.”
A member of the Bluzelle team said that the prior solutions for decentralised storage suffered from a number of problems, including usability and cost. There are also inefficient needs for token storage, payment of each storage node in the network individually, and file recovery that is both time-consuming and costly, among other things.
Additionally, the team claims that the continuous immutability of files in previous models is not even maintained by the system. If the nodes that the users selected do not function properly, the files may be lost for all time.
To be more explicit, this problem pertains to IPFS, which is now the most widely used way of storing NFTs or Web3 data. To be clear, the date that was first recorded on IPFS is only kept on a single node. As a result, duplicating the file incurs extra costs and time commitment. Bluzelle, on the contrary, is a solution to this kind of difficulty. As a result of Bluzelle, data is kept virtually simultaneously in all network nodes — with data replication taking just 10 seconds on each node and only one query from the user.
Short version:
The NFT token you bought either points to a URL on the internet, or an IPFS hash. In most circumstances it references an IPFS gateway on the internet run by the startup you bought the NFT from.
Oh, and that URL is not the media. That URL is a JSON metadata file
— Jonty Wareing (@jonty) March 17, 2021
Furthermore, the concurrent architecture of Bluzelle allows for considerable performance advantages while streaming huge files, and also the elimination of the need for consumers to pay extra for faster streaming speeds. Bluzelle takes great satisfaction in employing a peer-to-peer architecture that is comparable to that of torrents. This implies that Bluzelle users will be able to download files from all 50+ nodes at the same time. However, as the network grows, it is projected that this number will continue to rise. Bluzelle is already being utilised in key NFT platforms, such as Mintable, at the time of this writing.
There are also numerous more that are now in the testing process and will be made public at a later date after they have completed testing. Without going into great detail, this implies that NFT purchasers on these platforms may already believe and be secure in knowing that the assets they purchased will last in perpetuity. This is, of course, due to the decentralised nodes that have been constructed on Bluzelle.
“Most people do not realize that most NFTs will vanish in a year or longer after either their website is taken down, it is blocked, or if it is on IPFS, it will simply be removed due to a lack of usage,” said Zach Burks, the founder and CEO of Mintable.
“With Bluzelle, we offer permanent file storage for your NFTs that is dispersed over the whole world – ensuring that they are still there and valuable in 50 years. All of this is accomplished without the need of incurring gas expenses thanks to the use of gasless minting on Mintable.”
Therefore, Bluzelle’s architecture is both easy and effective, which distinguishes it from the remaining. Bluzelle is able to excel in uncensorable and robust public file storage as a result of this. Because the NFT art ecosystem is one of the greatest markets that will need this solution, it will necessitate the use of high-quality and cost-effective storage for each piece of media that will be associated with an NFT in order to be successful. There are examples of NFTs kept on Amazon (NASDAQ:AMZN) Web Services, although in small quantities. These, on the other hand, are utterly incompatible with the promise of NFT as an object that is both immutable and uncensorable.