AZTEC PRESENTS ITS ALPHA NETWORK: PROGRAMMABLE PRIVACY ON ETHEREUM.
🌐 The company officially announced the launch of its Alpha network, a milestone that introduces private smart contracts into the Ethereum ecosystem after eight years of development.
⚡️The architecture is based on Noir 1.0, a language designed to facilitate the programmability of private and public states.
👨💻 This technical deployment allows developers to execute confidential on-chain logic without exposing sensitive data, using the CHONK proof system to optimize performance on mobile devices and browsers.
🏛 In the financial realm, the project recently closed a community funding round of 61 million dollars, reaching an approximate market valuation of 200 million dollars.
🔹️The total supply was set at 10.350 billion AZTEC tokens, of which 21.96% was allocated to the community sale.
🔹️The network already shows a robust infrastructure with over 3,500 sequencers and 50 testers distributed globally.
🔹️Currently, the Alpha network operates with a performance of 1 TPS and block times of 6 seconds.
📆 Although the system recorded a 5% increase after the announcement, the team has already scheduled version v5 for July, which will include critical security patches identified during the v4 phase.
✅️ The activation of this network marks the definitive transition from the Ignition Chain to a complete execution environment with native account abstraction.
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