ALZA logo
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ALZA (ALZA)

ICO

ALZA is an off-chain technology powered infrastructure for high-frequency and micropayments applications.

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Overview

Project industryFinance Services & Banking
Product typeService
WhitepaperALZA White Paper Open

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.

Details

Soft cap: 5,000,000USD (fiat)
Hard cap: 19,000,000 USD(fiat)

Legal

Blockchain Platform: Ethereum

Token info

Ticker: ALZA
Type: Utility-token
Token price in USD: 1 ALZA = 0.024 USD
Accepted currencies: ETH
Bonus program:
Private Sale: 20% discount
Token distribution:
40% - Block Producing Rewards
25% - Token Sale
15% - Foundation Reserve
10% - Team
10% - Community Reserve

ALZA Roadmap

1
August 2017

Team born within Google blockchain association

2
December 2017

Idea iteration and consulting

3
February 2018

Theory consolidated and experiments conducted

4
April 2018

Research paper finalized and reviewed

5
January 2018

Acquired talents to join the team

6
March 2018

Proof of concept

7
April 2018

Interoperability research

8
June 2018

Started ALZA system design documentation

9
July 2018

ALZA payment field protocol finalized

10
August 2018

ICO

11
September 2018

ALZA DPOS super node CLI miner

12
October 2018

Launching testnet

13
November 2018

ALZA Web/CLI Wallet 1.0

14
December 2018

Super node election test suite

15
January 2019

Announcing super node election
ALZA dPOS super node CLI miner 2.0 with Payment Field

16
February 2019

ALZA iOS, Android and CLI Wallet 1.0
ALZA super node election closed

17
March 2019

Super node staking reward monitor

18
April 2019

ALZA Wallet 2.0 with Payment Field

19
May 2019

ALZA Ecosystem Launch - Blockchain browser and Staking software

20
June 2019

Deploying sample smart contracts on ALZA blockchain

21
July 2019

Launching mainnet

Project team

Joyce Yang
Joyce Yang
Funding Member
Joyce Yang linkedin
Howard Li
Howard Li
Funding Member
Howard Li linkedin
Henry Zhang
Henry Zhang
Blockchain Scientist
Henry Zhang linkedin
Chris Liu
Chris Liu
Funding Member
Chris Liu linkedin
Alan Zhao
Alan Zhao
Funding Member
Alan Zhao linkedin
Nate Zou
Nate Zou
CEO
Nate Zou linkedin

Social media

ALZA web-siteALZA TelegramALZA LinkedInALZA TwitterALZA FacebookALZA Github

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