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Information

Data from
Issue Time
1970/01/01
Initial Price
US $ 0.21945948
Circulation/Max
49.59M/
Dominance
0.00%
ROI -88.50%
$0.21945948$59.64320391
Low · 2023/09/132023/09/13 · High

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What is Swarm ($BZZ)?

Swarm ($BZZ) is a decentralized storage and communication system built on the Ethereum blockchain.

Swarm operates through a network of peer-to-peer nodes, creating a decentralized storage and communication service. The system is economically sustainable thanks to its incentive mechanism enforced by smart contracts on the Ethereum blockchain.

Swarm's mission is to shape the future towards a self-sovereign global society and permissionless open markets by providing scalable base-layer infrastructure for the decentralized internet. Its vision is to extend the capabilities of blockchain by integrating peer-to-peer storage and communication, creating a world computer that can serve as an operating system and deployment environment for decentralized applications.

Swarm ensures continuity of service and resilience against network outages or targeted denial of service attacks. As a platform for permissionless publication, Swarm promotes freedom of information. It offers exceptional privacy features such as anonymous browsing, deniable storage, untraceable messaging, and file representation formats that do not leak metadata, addressing the growing demand for web security.

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