
Aztec (AZTEC) Price
Aztec#541AZTEC Info
1. Project introduction
Aztec is a privacy-first Layer 2 on Ethereum. Its architecture relies on a hybrid execution model where private functions are executed client-side in a Private Execution Environment (PXE) to maintain data confidentiality, while public functions run on the Aztec Virtual Machine (AVM) across a decentralized network of nodes. This design creates a unique directional flow where transactions originate privately on a user's device before interacting with the public state, all secured by zero-knowledge proofs submitted to Ethereum. To build on the network, developers use Noir, a domain-specific language optimized for writing zero-knowledge circuits, and leverage native account abstraction, which treats every account as a smart contract for flexible authentication and fee management.
2. Team introduction
Zac Williamson - Co-Founder & CEO
- https://www.linkedin.com/in/zachary-williamson-b02b0192/
Joe Andrews - Co-founder & Head of Product
- https://www.linkedin.com/in/joe-andrews-2783918a
3. Investment institution
The Series B round was led by a16z, with other investors including Paradigm, A Capital, King River, Variant, SV Angel, HashKey, Fenbushi, and AVG.
4. Token application and distribution
Token application:
The AZTEC Token is a network token that powers the Aztec Network.
Token distribution:
- Investors & Early Backers: 27.25%
- Token Sale Total: 21.96%
- Core Team: 21.06%
- Foundation: 11.71%
- Ecosystem Grants: 10.73%
- Future Incentives: 4.88%。
- Y1 Network Rewards: 2.41%
FAQ
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