Raze Network Fundamental Analysis

The easiest ways of understanding crypto tokens or blockchain technology are to understand that it is like a series of blocks of data that are stored. These blocks hold a unique hash number that connects them to a previous block. Every block is an essential part of the sequence. How can such a sequential system ensure that the transactions made are safe to protect user privacy? Although generally, blockchains are public the anonymity of the user is ensured, furthermore since the decentralization concept is the strongest key point to the safety of the systems, thousands of nodes validate each transaction, and hence cheating or foul play is further hindered. Now one must consider that in such a system how safe is an investment without the identity of the user being exposed. To put it simply, the token once made anonymous from the identity of the user and thrown into the pool of the liquidity now becomes a part of the liquidity. Since all transactions are validated by each of the member nodes, the transactions become available to all nodes. However, since the hacking of the blockchain is hindered at every node and becomes very difficult, hence the anonymity of the user stands safe. The RAZE network is built on enhanced technologies that ensure that the transactions remain private.

What is Raze Network?

Raze Network, based on a modular framework that enables the creation of purpose-built blockchains, is a privacy protocol for all Polkadot tokens. It maintains anonymity across the link for both Decentralized Finance (DeFi) and Web3.0 stack. On the Zether framework, the zkSNARKs is applied to build up a decentralized anonymous module, which is imported as a smart contract. The purpose of the network is to enable safe payment and trading systems across multiple chains providing cover from surveillance and maintaining the transparency of the assets.

How do Raze networks work?

The idea of the Network is to generate tokens at a ratio of 1:1. The zkSNARKs enables anonymity while providing sufficient information so that data can be parsed. It offers three technicalities

Mint

This function gives anonymity to the token, hence generating a different token which is an encrypted form of the original or native token

Redeem

This functionality recaptures the original or native token from the anomalous token by identifying and removing the anomaly.

Transfer

The transfer function maintains node-to-node anonymous transfer of tokens, ensuring that the identity of the data and the sender is preserved throughout the transferring sequence.

The Products

Private Transactions: Users can use RAZE to enhance the privacy of the transactions on the chain, occurring between the recipient and the destination addresses, and ensure privacy for the transaction of tokens across any blockchains.

Secret DeFi Bridge

Since RAZE works for all platforms like the Uniswap, AAVE, compound, and DeFi ecosystem on Polkadot and Cosmos, the users can protect their trading history by hiding it from the open servers.

Anonymity Mining

While the transferring process stays hidden there might always be a connectable dot from the mining of RAZE and your transactions. Hence, the mining process must also be secure and privacy of the mining of RAZE must be maintained to ensure that the liquidity in the pool stays anonymous and secure.

RazeVM integration

For the builders, access to all decentralized applications is given with an open protocol to implement a privacy preservation function.

The Advantages

Limitless and Seamless

You can connect to any unconnected DeFi or Web3.0 product and enhance the capabilities of the existing decentralized applications with RazeVM.

Crypto friendly and tradable: 

How about trading privacy? The mint and redeem function is implemented for creating private tokens which makes the intangible privacy exchangeable with a monetary value to it.

Decentralized and Interoperable

Because of being a substrate framework, RAZE has the attributes of interoperability. The Network is a decentralized project building open source

Raze Token

Raze tokens play the most important role in the Raze Network ecosystem. RAZE gives Defi users the ability to move in-between applications and blockchain networks seamlessly while leaving no signature or footprint in the trading history, the interactional phase history, or the other application protocols.

The users of the network can create and vote for any proposals using the RAZE token, giving them an opportunity to present their opinion in the governance of the network. The percentage of the transaction fee is burned in the form of RAZE tokens. The market makers providing liquidity in pools will be rewarded with RAZE tokens.

There is a sum of 120 million RAZE tokens with the following distribution plan:

1. Seed Sale: 6%

2. Private Sale: 14%

3. Public Sale: 4%

4. Liquidity Reward: 40%

5. Functional Reserve: 15%

6. Vault: 8%

7. Team: 10%

8. Advisors: 3%

The Takeaway

The Decentralized Finance environment is the smartest of all crypto inventions. The dynamics of the business have been revolutionized due to its employment. Although there are many benefits that are being reaped from the system, the privacy of the user is a concern for many. In such a transparent system users feel that their freedom to remain confidential in identity while making transactions should not be at risk. Since the anonymity of the user is to be maintained through the new RAZE network technology, the user is free to make transactions without ever having to worry about identity concerns over the web. Although all transactions will have a track record, ensuring that the confidentiality of the transaction is maintained, is paramount like in present-day banking systems. Eventually, the RAZE network will anonymize all cryptocurrencies across all chains. The freedom to transact between blockchains without having to worry about privacy or data security is the paramount consideration and the technology is believed to serve the purpose.