Overview AZBI Network
AZBI NETWORK - Multichain system.
AZBI Network is a newly created, infrastructure level, multiple chain, public system. It has native support and EVM, which creates a scalable and an open platform for the industry’s third party developers. Large scaled enterprise level applications are possible with the AZBI Network through the use of smart contracts.
Core technologies which underline the AZBI Network includes native multiple chain architecture which supports the EVM environment through a POS based consensus across a multiple layer. As multiple chains become more prevalent the storage capabilities and computer power linearly increases.
AZBI Network is the first blockchain that will support EVM on a multiple chain layered structure. The multiple chain approach is far superior than the previous child-chain method which commonly supports smart contracts and benefits by the improved DApp supporting features.
AZBI TECHNOLOGY
The AZBI network innovates smart contracts for non-native token users through cross chain calling. The smart contract uses AZBI network tools to support use of tokens and BCH with ERC20 protocol. The basic idea is that the tools provided by the network are used on other blockchains and ignites a smart contract on the network with tokens from other blockchains, the tokens will be acquired in the first instance through the toolkit by way of a smart data driven knowledge graph. When the AZBI token number reaches a convertible number to the off chain token, the tools will act to transfer that number of tokens from the AZBI network to consume the corresponding amount of off platform tokens for invoking the smart contract.
The smart contract will be carried by a took called the OP_RETURN, which will carry a limited amount of information and will be used to add new instructions for carrying further information in the future. After a set number of tokens are obtained and entitled, tokens which follow the ERC20 protocol can be used to make the corresponding withdrawals and invoke the smart contract. As the AZBI is supportive of EVM it can support issuing tokens which follow ERC20 protocol. The AZBI network will have the ability to access a variety of external public blockchains.
Transactions will be verified and executed in serial number without any concern for the consensus garnered from either the POW or POS mechanisms. Currently, the POW based blockchain is popular, such as can be seen on the Bitcoin network, and even on the Ethereum network. Mining consumes a lot of time and that time factor is more than just the time required to verify and to execute any transaction. The best result is that the entirety of the network is able to exploit on node’s worth of power, thus creating a situation that cannot be improved easily since the structure cannot be expanded.
Execution can be done in a hierarchical manner, with the main chain and the child chain method. The main chain in this structure would be providing the initial registration, the search, providing the storage, the deposit, and other types of services that the child chain would require in order to support any cross chain transaction. A specific business logic can be facilitated through the creation of a child chain which can eliminate the requirement for all business transactions to be performed on the same chain. This acts to vastly reduce the pressure on both operations and on storage for the main chain. The child chain, at the same time, can eliminate any type of interference of another service within the single chain model approach.
In a specific chain that has several nodes, transaction level sharding can be employed automatically in the AZBI network to enable the inside sharding mechanism where there are many transactions and nodes. In order to do this the current time point is marked as being the new epoch (new beginning). The AZBI network would then separate each of the nodes in the chains through verifiable and random based functions, which would divide them sequentially into groups referred to as execution groups. With this process, some of the qualified nodes will be selected to form a different group that will be the governance group. Incoming transactions would then come in and be classified through sending transactions off to different execution groups, which could be based on the type of user and the category of user who created the request for initiation.
The execution would then be performed and verified internally to reach a transaction level consensus. After a set amount of time, the execution groups would all package and submit the transactions lists from the groups for a consensus to be reached at block level. The new block would then be formed and broadcast across the entire network by the governance group. Each epoch would end with the synchronisation of all nodes for the new block in a set state, then entre the new epoch. This allows for a parallel implementation of verification and will get rid of the drawbacks associated with single chains and single nodes.
There is a POS mechanism on the AZBI network which is used for each chain which acts to increase the efficiency in forming blocks and packaging transactions. Mining time lags are also avoided, and operation efficiency is improved overall. Since Non-Turing complete script languages were implemented to Java, Nodejs and Go, blockchains were able to support smart contracts through a wide variety of ways. EVM acts to support Solidity, which is a new language; EVM completes business logic, taking control of instructions and being able to stop any type of malicious code logic. Calculations are transparent and the cost is reasonable for the calling of smart contracts through instruction execution and consumption of memory. There are a complete set of RPC mechanisms on EVM + Solidity, which perfectly supports the Nodejs Truffle framework, allowing for easy access and programming convenience.
Given these factors, the AZBI network has used EVM + Solidity for the execution of smart contracts, for both the side chain and the main chain. This allows any EVM user to build a new DApp, or migrate an existing DApp, quickly and easily.
Smart Contract:
Azbi Network Develops Smart Contracts For Non-Genuine Token Users Through Cross Chain Calls. Smart Contract Uses AZBI Networking Tools to Support the Use of Tokens and BCH with the ERC20 Protocol. The basic idea is that the tools provided by the network are used on another blockchain and trigger smart contracts on the network with tokens from other blockchain, tokens will be obtained in the first instance through the toolkit through smart data driven by knowledge charts. When AZBI Token Numbers Reach Conversion Numbers To Off Chain Tokens, The Tool Will Act To Transfer That Token Number From Azbi Network To Consume The Right Amount Of Off Platform Tokens To Request Smart Contra
There are many problems that blockchain faces when applying to smart contracts that must be noted, including:
Lack of effective Oracle that is not unified across platforms. For example, the Bitcoin ecosystem is closed with all data generated from within its own system, which means the authenticity and validity of the data is confirmed as trustworthy. compared to that, smart contract applications must use data and knowledge obtained by different external systems, so that the bottleneck is created by the requirements for external authentication platforms. This creates wasted resources and generally complicates transactions.
Large-scale transactions do not have an adequate level of support, Single-strand competition creates a wasted resource in terms of browsing and complicates transaction recovery.
There is an increasing demand for support that exists in various chains, platform compatibility is a problem for smart contracts.
Information Token:
Ticker: AZBI
Type of Token: Ethereum
ICO Token Price: 1 AZBI = 0.000005 ETH
Fundraising Purpose: 10,000 ETH
Available for Sales Tokens: 2 000 000 000 AZBI
Thank you: ETH
Distribution:
Public sales: 10.00%
Team: 25.00%
Personal sales: 20.00%
Bets: 20.00%
Bounty and Airdrop: 5.00%
Platform development: 20.00%
ROADMAP:
August 2019
Research
November 2019
Proposal draft and review
February 2020
AZBI Limited formation
March 2020
User base formation, advertising
April 2020
Staking rewards initialization
October 2020
AZBI Testnet bughunt (selected testers)
December 2020
AZBI Testnet bughunt (public)
February 2021
AZBI Testnet launch (staking activated)
May 2021
AZBI Mainnet bughunt (selected testers)
July 2021
AZBI Mainnet bughunt (public)
November 2021
AZBI Mainnet launch (staking activated)
February 2022
Community governance activation
OUR TEAM:
For important information about this project you can see it below:
Website: https://azbi.io/
Whitepaper: https://azbi.io/stake/azbi_wp_2020.pdf
Medium: https://medium.com/@azbi
Twitter: https://twitter.com/azbi_io
Telegram Official: https://t.me/azbi_io
Telegram Bounty: https://t.me/azbi_bounty
Author: Thelagendjz4
Bitointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2577207
Telegram Username: @ Thelagendjz4
ETH Address: 0x45365defCa88A8c888e9A67F57e0c315f2B1e5F2
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