Alza is an off-chain technology powered infrastructure for high-frequency and micropayments applications.
The efficiency of decentralized book systems like Bitcoin and Ethereum has always been a challenge. It is usually measured by three major factors: scalability, throughput, and latency. Scalability refers to how the system capacity is increased by adding more physical resources. Throughput measures the volume of transactions for a given period of time, where most current solutions attempt to improve such as NEO, EOS, etc. Latency measures the processing time of any single transaction. In current blockchain based systems, the block generation rate is the main latency bottleneck. Off-chain processes such as state channels are the most recent work that can integrate partial inbound transactions, reducing latency. Unfortunately, the state channel introduces more issues at the same time, such as cross-channel synchronization, which makes the state channel unavailable for full adoption of current blockchain solutions.
In order to solve the efficiency problem, we proposed an end-to-end solution called ALZA, which links the dedicated high-throughput blockchain with self-organizing payment fields. This mechanism allows arbitrary set of users to create payment fields that process extremely low latency transactions within each field. Therefore, users can make transactions almost immediately. Since all transactions are conducted within fields, transaction costs will be reduced by several orders of magnitude. In addition, ALZA distributes main ledger to each client through an innovative replication mechanism. Therefore, the system will be significantly more robust to blockchain system failures. In theory, ALZA can complete millions of transactions in one second, which naturally supports high-frequency trading.
Obviously, there is a gap between usability and the way Bitcoin works today. Industries have brought up this question several times: What does it take to scale the blockchain?
The limitations can be categorized as follows:
The ALZA system aims to provide practical solutions to the about limitations by establishing a self-sustained and coherent infrastructure. It smoothly hybrids on-chain and off-chain solutions, which further addresses the above limitations. In summary, we make the following contributions.
Authorization only transaction
Off-chain payment fields authorize an amount between nodes but the transaction item does not settle until a later time. This allows instant transactions processing within the fields and automatically reconcile across all participants.
All transactions details will be encoded within payment fields before sync back to the supernode, which will prevent highly sensitive information (eg. PII data) leaked to the public.
Pushing the transaction process to the off-chain payment fields allows us to increase transaction volume by establishing more payment fields proportionally. Therefore, the decentralized network's processing limit does not apply.
RaFi (Redundant Array of Satellite Infrastructure) is a distributed self-replicating storage system that provides data storage for DApps deployed on ALZA blockchain.
|Round||Token Price||Bonus||Min / Max Purchase||Soft Cap||Hard Cap|
Public sale —
|0.024 USD||No||-||Uncapped||3,000,000 USD|
Private pre-sale —
15 Jul 00:00 UTC
|0.0192 USD||20%||Max 500 ETH||Uncapped||16,000,000 USD|
Team born within Google blockchain association
Idea iteration and consulting
Theory consolidated and experiments conducted
Research paper finalized and reviewed
Acquired talents to join the team
Proof of concept
Started ALZA system design documentation
ALZA payment field protocol finalized
ALZA DPOS super node CLI miner
ALZA Web/CLI Wallet 1.0
Super node election test suite
Super node staking reward monitor
ALZA Wallet 2.0 with Payment Field
ALZA Ecosystem Launch - Blockchain browser and Staking software
Deploying sample smart contracts on ALZA blockchain
Launching sample DApp Tooking