Bluzelle, which aims to serve as s “decentralized” data network, revealed on July 30, 2020, that it will be launching Phase 1 of its mainnet. The network is scheduled to officially go live on August 8, 2020.
Once the network is live, Bluzelle’s BLZ token holders will be able to stake their funds and also be able to earn rewards for taking part in the (transaction) validation process on the network.
As confirmed in a release shared with CI, Phase 1 of the mainnet launch will see Bluzelle transition to the latest version of Tendermint.
Pavel Bains, CEO at Bluzelle, said that given the strong support from the platform’s community and validator network, the development team wanted them to get a chance to earn rewards as soon as possible. Bains added that Phase 1 is just the “soft” mainnet so they’re able to make that happen.
The planned or upcoming Bluzelle mainnet launch has reportedly come after a successful incentivized testnet program.
As noted in the announcement:
“The Swarm of Duty (testing) event awarded $30,000 in BLZ to developers and validators who participated.”
During the Swarm of Duty event, which lasted for three months, ending around mid-July, the Bluzelle team found a critical software bug with the newest testnet release of Cosmos / Tendermint. However, the bug was reportedly fixed with Bluzelle working cooperatively with the Tendermint team to