ALZA (ALZA)

What is ALZA

ALZA software includes ALZA wallet, ALZA staking software and ALZA third party explorer.

 The main chain can use any decentralized consensus algorithm meeting the performance requirement.

In the ALZA system, every stakeholder can delegate their stake to the main node. The delegation shows the level of trust one stakeholder put on the validator. In other words, the transaction fee would be minimal while everybody in the system can choose to profit from validation.

As in the ALZA system not every single shareholder will participate in the validation, it can be certain that the validation cost will be much lower than a Proof of Stake system where every nodes participates in the validation.

 Assuming the validation cost exactly equals the transaction fee, a network is completely centralized and can only afford one validator. Assuming the transaction fee is 100x the cost of validation, the network can support 100 validators.

Since ALZA employs the instrument of payment fields, ALZA’s block structure contains reserved bits for accommodating the field establishment and field closure operations.

Also since ALZA allows transactions in the payment fields to exist anonymously, the reserved bits in the block take the anonymous transactions in the form of a payment field merkle tree.