MIZAN Roadmap

From working engine
to industry standard.

MIZAN starts from shipped infrastructure, not a slide. This is the path from a live zero-knowledge verification engine to the standard every systematic track record carries — what is shipped, what is building, and what comes next, with the boundary between them always marked.

Engine
v11 · live
Verification standard
Level II shipped
Coverage now
~80% of classes
Ultimate reach
$250T savings
The horizon · at a glance

Shipped, building, next.

The technically irreducible part, a working proof engine — is already operating. Everything to its right is real work in progress or a stated direction, never a promise dressed as a fact.

● Shipped · running now

The credential works

Live today · independently verifiable
  • ZK verification engine: 18k+ lines of Rust on RISC Zero; 219 KB STARK, verify in seconds, no trusted setup
  • Real credentials minted: sealed by a STARK, anchored to Bitcoin + RFC-3161, publicly re-verifiable
  • Both schools of backtest honesty: López de Prado (Deflated Sharpe, PBO, CPCV) and Harvey-Liu / Hansen (SPA, PSR, minimum backtest length), all minting in-circuit on the v11 engine
  • The self-failing credential: our own flagship reads “not significant,” published on purpose
  • Chained tracks: a sealed strategy re-proven as data accrues, each link bound to its parent
  • Self-serve studio: submit → queued proof → issued credential, with a public per-credential page
◗ Building now

The network forms

In progress
  • Real capital routing: the marketplace engine (allocations, fee accounting) is built and tested; live capital is next
  • New asset families: point-in-time equities, per-strike option chains, ML / black-box paths; engines built, our data feeds in build
  • Independent security audit: internal adversarial audit done and remediated; third-party review forthcoming
The verification standard · levels

Each level proves more.

The standard is public so anyone can hold us to it. Every credential names the level it clears, and the level it doesn’t.

Level I
✓ Shipped · era v10
Honest Execution
Faithful execution on committed data: point-in-time ordering, no lookahead, costs and funding applied, out-of-sample split, walk-forward, a declared gate — twelve conditions checked independently inside the proof (sixteen when exposures are disclosed). The strategy is never revealed. v10 credentials remain verifiable forever: era law: a credential verifies against the engine of its era, permanently.
Level II
✓ Shipped · era v11
Both Schools of Backtest Honesty
Live on the v11 engine (3ac3b10b…). Level I plus the second major school of overfitting statistics: alongside López de Prado’s Deflated Sharpe, PBO and CPCV, v11 proves Harvey-Liu / Hansen rigor in-circuit — Superior Predictive Ability (SPA), the Probabilistic Sharpe Ratio, and minimum backtest length. A credential that clears both schools is far harder to fake with a lucky search.
Coverage · what we can prove

Toward ~90% of the strategy universe.

Counted as strategy classes: thirteen provable today (point-in-time US equities joined 2026-07-28, test phase), three in build or on the roadmap, one refused on principle. New coverage is richer inputs, not a new engine.

provable today · ~80%
roadmap → ~90%
refused · ~10%
Live nowThirteen classes — directional, timing, mean-reversion, point-in-time equities, and any ML logic, sealed
RoadmapFour more — funding & carry legs, then options; engineering, not new proof theory
RefusedHFT / counterfactual fills — provable by no system, and we say so
The arc · credential → network → standard

How a working engine becomes a default.

A verification standard is a coordination effect: the more allocators demand it, the more managers must hold it, and the more managers hold it, the more allocators rely on it.

01
Now → Year 1

The credential

Quants prove their edge without revealing it; allocators verify in seconds instead of months. A track record you own, hold, and cannot fake. The wedge.

02
Year 2–3

The network

Credentials compound into a marketplace where verified alpha meets capital. A shielded allocation tier — funded exposure without position visibility, via a fiduciary or vault structure — is contemplated for allocators who want Innocap-style masking; jurisdiction-dependent, offered only when authorized. Each new credential makes every other more valuable — two-sided and self-reinforcing.

03
Year 3+

The standard

Every institutional allocation expects a MIZAN proof, the way debt expects a rating and accounts expect an audit. The verification rail for systematic finance.

⚠ How to read this roadmap

“Shipped” means running and independently verifiable today. “Building” means real work in progress. “Next” and “roadmap” are stated directions, not commitments dressed as facts, and product previews of capital routing are illustrative, not live trading. We mark the line on purpose: a roadmap that blurs what exists from what’s promised is the thing a verification company can least afford.