Cryptocurrency Q&A
Is Bluzelle an ERC-20?
Is Bluzelle an ERC-20?
Chiara
Fri Oct 25 2024
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5 answers
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Bluzelle is a decentralized database project that utilizes blockchain technology. It has its own native token, BLZ, which exists in two forms: as an ERC-20 token for external trading on Ethereum-compatible exchanges, and as a native token within the Bluzelle network for fast, cost-effective database transactions. Therefore, while Bluzelle is not exclusively an ERC-20 token, it does have an ERC-20 component.
5 answers
KDramaLegend
Sun Oct 27 2024
Bluzelle operates with a dual token system.
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Daniele
Sat Oct 26 2024
The first token in this model is the ERC20-based BLZ token.
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BitcoinBaron
Sat Oct 26 2024
The BLZ token can be traded on various cryptocurrency exchanges.
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benjamin_doe_philosopher
Sat Oct 26 2024
The second token is the BNT token, which is exclusive to the Bluzelle network.
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CryptoTitan
Sat Oct 26 2024
BNT tokens serve as a means of payment for services offered within the network.
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