ZetaChain is a simple, fast, and secure Omnichain Blockchain. A pioneer implementing the concept of chain abstraction, ZetaChain serves as the base-layer of the decentralized internet. With ZetaChain’s Omnichain Smart Contracts, developers can build truly interoperable dApps that span multiple chains from any existing blockchain from Ethereum to Bitcoin and beyond. Access all of crypto from any chain, including new blockchain innovations into the future. ZetaChain’s mission is to build a platform for global access, simplicity, and utility across any blockchain.
Zetachain is truly remarkable in its utilization of TSS (Threshold Signature Scheme) technology for managing EOA (Externally Owned Account) accounts, enabling secure and convenient support for both EVM (Ethereum Virtual Machine) and heterogeneous chains. Their genuine achievement lies in the realization of a Simple, Fast, and Secure Omnichain Blockchain. This innovative approach not only ensures robust security measures but also enhances transaction speed and scalability across various blockchain networks.
Founder: Bhavin Turakhia
Raised Fund: 27M
Founding Year: 2021
Protocol: Layer 1
Compatibility: EVM - Compatible
Chainbase has been a proud testnet validator for ZetaChain since 2023 and is thrilled about its transition to Mainnet. We're committed to enhancing our performance to ensure the best user experience and protocol security for ZetaChain moving forward.
What is ZetaChain?
ZetaChain offers a unique approach to blockchain interoperability, designed to connect various blockchains seamlessly:
- Universal Platform: ZetaChain acts as a chain-agnostic base layer, enabling applications to operate across multiple blockchains, including Ethereum and Bitcoin.
- Interoperability: It introduces a unified execution environment, akin to a decentralized exchange, allowing for real, native cross-blockchain transactions.
- Innovation and Accessibility: By treating all blockchains equally, ZetaChain encourages utility and innovation over competition, aiming to make the crypto ecosystem more accessible and efficient.
- ZetaHub: A comprehensive entry point for users to engage with the blockchain and ecosystem, enhancing the user experience.
- Smart Contract Capability: ZetaChain's programmability unlocks the potential for Bitcoin Smart Contracts, allowing for diverse applications that integrate Bitcoin with other tokens and data from various chains.
Community and Token Utility
- ZETA Token: Serves as the network's currency, enabling secure transactions, governance, and interoperability across chains.
- Community Rewards: 10% of ZETA tokens are set aside to reward the community, encouraging participation and growth.
- Utility: ZETA tokens are used for network security, transaction fees, and enabling cross-chain interactions.
Want to know more about ZetaChain? Please visit https://www.zetachain.com/ for more information.
