I've aped into $MAZZE | @MazzeLabs an L1 with huge potential.
A high performance network that uses a POW system.
However, unlike #Bitcoin, it introduces something called 'parallel block processing'. Processing multiple blocks at a time.
The Networks main features:
‣ High Throughput & Low Latency
‣ EVM-compatible Smart Contracts
‣ Integrating ZK Proofs for Enhanced Privacy
FAST, SECURE and PRIVATE!
Current MC is $14.3M, still a low cap.
And the chart looks ready for its next leg up, this support is holding.
Started building a long term bag of $MAZZE, wake me up at $50M
#Layer1 blockchain that redefines performance through its PoW-based DAG architecture, achieving 40,000 TPS and 1s finality. Experience EVM compatible smart contracts and unparalleled privacy with ZK proofs.
Recently listed on @MEXC_Official 💪
Testnet Campaign live ⤵️
https://t.co/EzzIwG4xnL
💻 https://t.co/SiEaeCEUyl
📣 https://t.co/9AzBjKBCXz
📄 https://t.co/qpWKg0QEB1
📊 https://t.co/ireeLBQqA9
#L1 #ZK #BlockChain #MEXC #PoW $KAS $ALPH $SMH $QUBIC
$Mazze | @MazzeLabs is a new Layer 1 blockchain.
Short overview
👉PoW based DAG
👉40k TPS
👉1s Finality
👉EVM compatible
👉Privacy with ZK-proofs
Purpose of Mazze
Mazze aims to establish a decentralized blockchain platform with strong security and transparency, designed for high-volume transactions while minimizing environmental impact. It supports DeFi and empowers the creation of DApps across sectors like finance, healthcare, and education.
Tokenomics
$MAZZE has an initial supply of 5B tokens, with an initial circulating supply of 2.6B of which 2B were reserverd for public sale. Inflation rate is 8.83% per year but decreases quarterly by a factor of 0.958. Approximately every 4 years a halving occurs. Distribution and vesting explained below.
The token has several utilities:
1⃣Transaction Processing and Smart Contract Execution
2⃣Bonding for Storage Space
3⃣Miner Rewards and Incentives
4⃣Economic and Security Measures
5⃣Block Reward and Inflation Management
6⃣Adoption and User Incentives
7⃣Network Incentivization
8⃣Ecosystem Growth and Sustainability
Roadmap
Mazze already accomplished many goals this year such as their token launch and their testnet. You can view some of the statistics below.
For the remainder of the year they aim to launch:
⌛️Mazze Mainnet
⌛️Mazze Bridge
⌛️Mazze Dex
Currently they have a Zealy campaign that focuses on their testnet. I will spend another tweet explaining this. But be sure to check that out.
That's not all though. Mazzelabs aims to further grow the ecosystem and usergrowth by hosting a Hackathon, through Grand Programs and future partnerships.
Excited to see where this is heading to. A layer 1 blokchain with a grand vision and only a marketcap of 15million dollars.