About AzbiAzbi 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.
Token Basic Information
|Social Media||Facebook, Twitter, Telegram|
|Soft cap||10,000 ETH|
|Hard cap||10,000 ETH|
|Tokens for sale||2,000,000,000 AZBI|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
Multiple problems that blockchain faces when it is applied to smart contracts which should be noted, including:
- A lack of effective Oracle that is not unified across platforms. For instance, the Bitcoin ecosystem is closed with all of its data being generated from within its own system, which means that the authenticity and validity of the data is confirmed as trustworthy. In comparison to that, the smart contract application has to use data and knowledge gained by different external systems, so a bottleneck is created by the requirement for external platform authentication. This creates wasted resources and in general complicates the transactions.
- Large scale transactions lack sufficient levels of support. Single strand competition creates a wasted level of resources in terms of browsing and complicates the restoration of transaction.
- There is an increased demand for support that exists across multiple chains. Compatibility of platforms is an issue for smart contracts.
Abzi NetworkAs 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.
What Abzi do?
POS for commercial use
Secure reliable and protected
Dedicated Azbi dev portal
High Performance Blockchain
- Smart contract support
- Deflationary system with community voting
Smart ContractsThe 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 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, tools will act to transfer that number of tokens from 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 ERC20 protocol can be used to make the corresponding withdrawals and invoke the smart contract
Azbi staking is currently live! To test our upcoming deflationary POS hybrid blockchain everyone is welcome to take part in staking. Staking portal is fully operational at https://azbi.io/stake/
Azbi deflationary system
Azbi utilises unique deflationary system: during each AZBI transfer 1% is burned, 3% are transferred to the staking funds wallet and 96% to the recipient. Such model ensures constant deflation and stability of the Azbi Network. Staking rate is currently set at 20% pa and staking is accessible at https://azbi.io/stake/
Michael Wang, Blockchain project developer
Alina Ranta, Network Engineer
Roberta Byrd, Senior Graphic Designer
Miranda Weaver, Community Relations
Mike Kim, Full Stack Engineer
Also Read – Click Here for Read All ICO ReviewThis article is writing on 8 April 2020 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- +13098896258
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