Details about Swarm cryptocurrency
€27,226,644 ( -3.443%)
€856,111
63,251,735
63,233,475
27.892
Unknown
https://ethswarm.org/
@ethswarm
42814x
€18438.1
Swarm price charts
BZZ exchanges
Swarm, the crypto
Swarm (BZZ) is a decentralized, peer-to-peer storage and communication network that enables the hosting of websites, decentralized applications, and other data in a secure and censorship-resistant manner. The network utilizes its own cryptocurrency, BZZ, to incentivize users to share their computing resources and contribute to the network's infrastructure.
The point
The main point of Swarm (BZZ) is to create a decentralized and censorship-resistant alternative to centralized hosting services by leveraging the power of the blockchain and peer-to-peer networking. By enabling anyone to host content and applications on the network, Swarm aims to create a more accessible and equitable internet that is not controlled by a few large corporations.
The problem
Swarm (BZZ) tries to solve the problem of centralized hosting services, which often result in a lack of privacy, security, and censorship resistance. By decentralizing hosting and storage, Swarm aims to create a more secure and equitable internet that is not vulnerable to attacks by malicious actors or manipulation by powerful entities. Additionally, Swarm seeks to provide a more cost-effective and energy-efficient alternative to traditional hosting services.
Compare BZZ and BTC performance
| Timeframe | BZZ | BTC |
|---|---|---|
| 1h change | -1.98497 % | -0.753837 % |
| 24h change | -3.38 % | -4.58836 % |
| 7 day change | 4.97 % | 2.49257 % |
| 14 day change | -21.04 % | -10.0034 % |
| 30 day change | -28.35 % | -9.64041 % |
| 200 day change | 97.9 % | 124.834 % |
| Year change | 12.11 % | 139.061 % |