IQ.wiki

Read

Edit

History

Notify

Share

Mazze

Mazze is a that aims to improve performance using a consensus and architecture. It seeks to process up to 40,000 transactions per second with one-second finality, incorporating parallel block processing to enhance scalability while focusing on privacy..[1][2]

Overview

Mazze, founded in 2023 by profEdwin and Equin0x, is a that aims to develop a decentralized platform with a focus on security, transparency, and scalability. It is designed to support high-volume transactions, , and in sectors such as finance, healthcare, and education.

By integrating with architecture, Mazze seeks to improve scalability while addressing environmental concerns and aligning with global regulatory standards.[1][3]

Products

Weighted Ledger Selection Rule (WLSR)

Mazze's Weighted Ledger Selection Rule (WLSR) applies a block weighting system, where blocks are assigned weights of 0, 1, or X. This aims to maintain throughput in normal conditions and strengthen security during attacks by producing special blocks. The Weighted Graph Ledger (WGL) combines this system with a -based ledger, seeking to balance scalability and security while mitigating liveness attacks.[4][5]

DAG-Embedded Tree Structure (DETS)

Mazze's -Embedded Tree Structure (DETS) incorporates its architecture into a tree-like design, where each block has a single parent and references multiple predecessors. This structure aims to improve ledger security, throughput, and support efficient data integration with concurrent block processing.[4][5]
wiki

Architecture

Paradigm in Mining Efficiency

Mazze aims to improve mining efficiency by redirecting computational power to support and a computational grid. This approach seeks to optimize resource use and minimize the environmental impact of operations.[9]

Zero-Knowledge Proofs

Mazze employs to improve privacy and scalability. ZK proofs aim to enable transaction authentication without disclosing sensitive data, thereby preserving anonymity and enhancing scalability by reducing the data load for verification.[9]

Directed Acyclic Graph

Mazze employs technology, arranging transactions in a tree-like structure to support multiple block strands. This design aims to increase transaction throughput, reduce latency, and enhance network efficiency.[9]

Smart Contracts with EVM Compatibility

Mazze supports with compatibility, which aims to facilitate the migration of from other -compatible . This integration seeks to offer developers robust capabilities while ensuring performance and security.[9]

Mazze Testnet

The Mazze aims to provide a risk-free environment for testing and development. It supports deployment and experimentation with new technologies, and is compatible with the . Testnet tokens are available via faucets for testing purposes.

Unlike the , which is used for real transactions and features greater stability and security, the tokens have no monetary value and are intended solely for development and testing.[10]

Tokenomics

Mazze Token ($MAZZE)

The native MAZZE token is designed to support various functions on the Mazze . At the launch, 5,000,000,000 tokens will be minted, with a one-way bridge enabling the conversion of MAZZE tokens from to native tokens. The token aims to facilitate network sustainability, liquidity, and community involvement.[6]
wiki

Utility

The MAZZE token provides several utilities within the Mazze ecosystem:

  • Transaction Processing and Smart Contract Execution: Aims to facilitate transactions and the execution of .
  • Bonding for Storage Space: Required to secure storage space on the network.
  • Miner Rewards: Given for transaction fees and block rewards.
  • Economic and Security Measures: Supports the network’s security and consensus mechanism.
  • Block Reward Management: Manages inflation by reducing block rewards over time.
  • Adoption Incentives: Designed to be compatible with tools to encourage use.
  • Network Incentivization: Aims to promote user participation and network security.[7]

Allocation

The MAZZE token allocation is as follows:

  • Public Sale and DEX Liquidity (52%): Aims to provide liquidity and support the public token sale.
  • Ecosystem Development Fund (20%): Intended to support innovation and growth within the ecosystem.
  • Team Growth Fund (12%): Allocated for hiring and training new talent.
  • Community Engagement Fund (8%): Designed to support community-building activities and programs.
  • Marketing and Promotion Fund (8%): Aims to fund marketing campaigns and promotional activities.[8]

Ambassador Program

The Mazze Ambassador Program aims to involve individuals in representing the Mazze project. Ambassadors are tasked with raising awareness, providing feedback, and engaging with the community. They may gain early access to features and participate in discussions. The program seeks blockchain enthusiasts, content creators, and influencers.[11]

See something wrong? Report to us.

Mazze

Commit Info

Edited By

Edited On

September 16, 2024

Feedback

Average Rating

Based on over 7 ratings

How was your experience?

Give this wiki a quick rating to let us know!

Twitter Timeline

Loading...

Loading

Media

REFERENCES

Join the IQ Brainlist

Sign up for the IQ Brainlist to get access to editing on the IQ.wiki site!

Join Now

Subscribe to our newsletter

The IQ Ecosystem Report will keep you updated on everything IQ.

Subscribe

IQ.wiki

IQ.wiki's vision is to bring blockchain knowledge to the world and knowledge onto the blockchain. A part of Brainfund group

https://twitter.com/IQWIKIhttps://www.reddit.com/r/Everipedia/https://t.me/everipediahttps://www.instagram.com/iqwiki_/https://github.com/EveripediaNetworkhttps://discord.gg/x9EWvTcPXthttps://www.facebook.com/iqdotwiki

IQ

What's IQ?StakingBonds

Company

About usCareersWe're hiringBrandingIQ GPTIQ Dashboard

© 2024 IQ.wiki Powered By BrainDAO & IQ