IV.1 AZC Testnet

The AZCoiner testnet, combining advanced blockchain technology and the Ethereum Virtual Machine (EVM) algorithm, promises to deliver a secure, efficient, and decentralized platform. We are currently expanding our testing phase and inviting the community to participate in developing and perfecting the AZCoiner project.

Below are the detailed characteristics and technical specifications:

Decentralization

• Feature: No central control, every node in the AZCoiner network has the right to participate in the consensus process.

• Technical Specifications: Number of nodes: Depending on the number of participants. Consensus protocol: Proof of Stake (PoS) or equivalent EVM-compatible consensus protocol.

High Security

• Feature: EVM provides a secure environment against network attacks for AZCoiner.

• Technical Specifications: Encryption: EVM uses Public-Key Infrastructure (PKI) for encryption. Transaction security: Uses digital signatures.

Scalability

• Feature: AZCoiner can handle a large number of transactions per second (TPS).

• Technical Specifications: Transaction speed: Approximately 1,000-2,000 TPS in the testnet. Transaction confirmation time: 2-5 seconds per transaction.

Low Energy Consumption

• Feature: EVM-based PoS consensus consumes less energy compared to PoW algorithms, helping AZCoiner save energy.

• Technical Specifications: Energy consumption: Very low, does not require high computational power.

Fast Transaction Time

• Feature: Transactions on AZCoiner are confirmed quickly.

• Technical Specifications: Confirmation time: Approximately 2-5 seconds per transaction. Block time: Variable, depending on the network's load, typically 2-15 seconds.

Support for Smart Contracts

• Feature: The AZCoiner testnet supports robust smart contracts.

• Technical Specifications: Programming language (Turing-complete languages like Solidity. Programming capabilities: Supports asset creation and management, conditional transactions, complex business logic.

Powerful Application Programming Interface (API)

• Feature: AZCoiner's API facilitates easy integration and application development.

• Technical Specifications: Web3 API: Standard interface for applications to interact with the AZCoiner network. SDK: Supports multiple programming languages like JavaScript, Python, Java.

Monitoring and Management Tools

• Feature: AZCoiner provides tools for monitoring and managing network operations.

• Technical Specifications: Monitoring tools: AZCoiner Explorer, AZCoiner Dashboard. Node management: Command-line tools and graphical interfaces for node management in the network.

The AZCoiner testnet, with features such as decentralization, high security, scalability, low energy consumption, fast transaction times, support for smart contracts, and a powerful API, provides an ideal environment for testing and developing blockchain applications. The detailed technical specifications provide a profound insight into the network's performance and capabilities, enabling IT engineers to deploy and optimize blockchain solutions on the AZCoiner platform.

We will update more information when the testnet version is ready, expected in 2025.