Phase II: Development

On July 19, 2024, the original AZC Whitepaper was published, marking the official launch of the AZC Network.

The Development phase of the AZC Network is crucial in laying the foundation for the entire blockchain infrastructure, particularly by leveraging the Ethereum Virtual Machine (EVM) Network. This phase focuses on building the core components, ensuring robust functionality, security, and scalability of the network. Here are the key activities and objectives during this phase:

Programming and Constructing Components of the Blockchain

Core Blockchain Development:

• Consensus Mechanism: Implementing the Ethereum Virtual Machine (EVM) Network, which relies on Ethereum's consensus mechanisms such as Proof-of-Stake (PoS) to achieve decentralized consensus. This involves configuring nodes to form a decentralized network, ensuring that consensus is reached efficiently and securely.

• Blockchain Nodes: Setting up initial nodes that will form the backbone of the blockchain network. These nodes will validate transactions, maintain the ledger, and ensure the integrity of the blockchain. Emphasis will be on establishing a distributed network of nodes to enhance decentralization and security.

Security Implementation

• Encryption and Data Protection: Implementing advanced encryption techniques to protect data and transactions on the blockchain. This includes end-to-end encryption, secure key management, and cryptographic algorithms.

• Security Audits: Conducting comprehensive security audits of the blockchain codebase and smart contracts to identify potential vulnerabilities and ensure compliance with industry standards.

Developing Smart Contracts and Decentralized Applications (dApps)

DApp Ecosystem Development

• Developer Tools: Creating a suite of developer tools, including SDKs, APIs, and documentation, to facilitate the development of dApps on the AZC blockchain. These tools will streamline the process for developers and encourage innovation within the ecosystem.

• dApp Store: Launching a dApp store where developers can publish their applications and users can discover and use them. This will promote the growth of the ecosystem and provide users with a wide range of services and utilities.

Smart Contract Use Cases

• Tokenization: Developing smart contracts for creating and managing tokens on the AZC blockchain. This includes utility tokens, security tokens, and NFTs, each serving different purposes within the ecosystem.

• DeFi Applications: Building decentralized finance (DeFi) applications such as decentralized exchanges (DEXs), lending platforms, and staking protocols. These applications will leverage smart contracts to provide transparent and trustless financial services.

Testing and Verifying Source Code

Quality Assurance (QA)

• Automated Testing: Implementing automated testing frameworks to continuously test the blockchain codebase and smart contracts. This includes unit tests, integration tests, and end-to-end tests to ensure code quality and functionality.

• Manual Testing: Conducting manual testing to identify edge cases and scenarios that automated tests may miss. This involves thorough examination by QA engineers and security experts.

Testnet Deployment

• Simulated Environment: Setting up a Testnet environment that mimics the conditions of the Mainnet. This allows developers to test their dApps and smart contracts in a controlled setting before deployment.

• Community Involvement: Engaging the community to participate in Testnet activities. This helps in identifying real-world issues and gathering feedback to improve the blockchain and its applications.

Performance Optimization

• Scalability Solutions: Researching and implementing scalability solutions such as sharding, sidechains, and layer 2 protocols to ensure the AZC blockchain can handle a high volume of transactions efficiently.

• Resource Management: Optimizing resource management within the blockchain to ensure efficient use of computational power and storage.