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During the two years from 2021 to 2022, a lot of explorations have been carried out in the field of cryptocurrencies, and people's interest in cryptocurrencies has increased several times than ever before. There are more and more users, and their needs are also increasing. Even developers have been looking forward to dApps that can break through challenges and restrictions. At the same time, decentralization and convenience are two key words that people want to pursue in the blockchain, especially when they want to bridge assets without using CEX (centralized exchange), they want Convenience, so in the end they end up using different bridges to move assets across networks. The explosive growth of cross-chains has brought a lot of bad effects, such as: Connext, LI, etc., where funds are stolen after loopholes occur frequently. Everyone is looking for an application that is safe, convenient and fast products, ZetaChain came into being. First, let’s introduce what is ZetaChain?: ZetaChain is a proof-of-stake (PoS) blockchain built on top of the Cosmos SDK that connects to external blockchains (e.g., Ethereum, BSC, Solana, Avalanche, Terra, Bitcoin) and layers (e.g. Polygon, Optimism, Arbitrum).
Purpose: Different from other cross-chain products, zeta is directly based on a separate blockchain, without the need for additional third-party tools for aggregation and adding liquidity. You can intuitively feel the charm of cross-chain products based on a single public chain. Conclusion: ZetaChain is a public chain designed to solve the existing problems of "cross-chain" and "multi-chain". ZetaChain is the only decentralized blockchain and smart contract platform built for chain-wide interoperability. Use value proposition: Trust-minimized cross-chain asset and data transfer Externally governed smart contract functionality for chains like Bitcoin and Dogecoin Transferring value across chains does not require packaging of assets or bridges Multi-chain NFT, DAO, governance, identity, etc. Seamless multi-chain DeFi; lending, staking, liquid farming, etc. DApp developers can add multi-chain functionality by simply implementing some functionality in their existing smart contracts, enabling omnichain-dApps or odApps
Safety is our top concern: ZetaChain puts safety first. Implement a wide range of protective and defensive, technical, social and economic measures to protect ZetaChain and the network. ZetaChain uses tendermint to achieve consensus and achieve decentralization in architecture and infrastructure. ZetaChain uses the GG20 leaderless Threshold Signature Scheme (TSS) for key generation and key signing in a distributed manner. At any point in time, no one ZetaChain node or other individual has access to the full private key. As we develop our swap functionality, instead of developing a ZetaChain-controlled treasury, we will use battle-tested network liquidity pools such as Uniswap and PancakeSwap, so the attack surface is greatly reduced.
team: The ZetaChain team has been building crypto products since 2013. Led product and engineering for one of the largest centralized public exchanges and also created one of the most widely used crypto assets. Also co-owns experience creating social and educational applications reaching millions of people, building quantum computers, and publishing research in leading conferences and journals in high performance, distributed computing, and network security, along with coinbase, paxos, cosensys, and more And many other well-known investment institutions.
The potential of zetachains is enormous, and while bridging is the primary solution today and the focus of many emerging projects, ZetaChain explores a more ambitious and general approach: a native cross-chain that directly interacts with almost any external blockchain smart contract. Cross-chain value transmission does not need to surround assets, and each pair of blockchains does not need a bridge, so it is not unreasonable to say that zetachain is the king of cross-chain in the future.
Come join us! Discord: https://discord.com/invite/kjQBqcZtnh Twitter: https://mobile.twitter.com/zetablockchain Telegram: https://t.me/zetachainofficial Blog: https://blog.zetachain.com/
During the two years from 2021 to 2022, a lot of explorations have been carried out in the field of cryptocurrencies, and people's interest in cryptocurrencies has increased several times than ever before. There are more and more users, and their needs are also increasing. Even developers have been looking forward to dApps that can break through challenges and restrictions. At the same time, decentralization and convenience are two key words that people want to pursue in the blockchain, especially when they want to bridge assets without using CEX (centralized exchange), they want Convenience, so in the end they end up using different bridges to move assets across networks. The explosive growth of cross-chains has brought a lot of bad effects, such as: Connext, LI, etc., where funds are stolen after loopholes occur frequently. Everyone is looking for an application that is safe, convenient and fast products, ZetaChain came into being. First, let’s introduce what is ZetaChain?: ZetaChain is a proof-of-stake (PoS) blockchain built on top of the Cosmos SDK that connects to external blockchains (e.g., Ethereum, BSC, Solana, Avalanche, Terra, Bitcoin) and layers (e.g. Polygon, Optimism, Arbitrum).
Purpose: Different from other cross-chain products, zeta is directly based on a separate blockchain, without the need for additional third-party tools for aggregation and adding liquidity. You can intuitively feel the charm of cross-chain products based on a single public chain. Conclusion: ZetaChain is a public chain designed to solve the existing problems of "cross-chain" and "multi-chain". ZetaChain is the only decentralized blockchain and smart contract platform built for chain-wide interoperability. Use value proposition: Trust-minimized cross-chain asset and data transfer Externally governed smart contract functionality for chains like Bitcoin and Dogecoin Transferring value across chains does not require packaging of assets or bridges Multi-chain NFT, DAO, governance, identity, etc. Seamless multi-chain DeFi; lending, staking, liquid farming, etc. DApp developers can add multi-chain functionality by simply implementing some functionality in their existing smart contracts, enabling omnichain-dApps or odApps
Safety is our top concern: ZetaChain puts safety first. Implement a wide range of protective and defensive, technical, social and economic measures to protect ZetaChain and the network. ZetaChain uses tendermint to achieve consensus and achieve decentralization in architecture and infrastructure. ZetaChain uses the GG20 leaderless Threshold Signature Scheme (TSS) for key generation and key signing in a distributed manner. At any point in time, no one ZetaChain node or other individual has access to the full private key. As we develop our swap functionality, instead of developing a ZetaChain-controlled treasury, we will use battle-tested network liquidity pools such as Uniswap and PancakeSwap, so the attack surface is greatly reduced.
team: The ZetaChain team has been building crypto products since 2013. Led product and engineering for one of the largest centralized public exchanges and also created one of the most widely used crypto assets. Also co-owns experience creating social and educational applications reaching millions of people, building quantum computers, and publishing research in leading conferences and journals in high performance, distributed computing, and network security, along with coinbase, paxos, cosensys, and more And many other well-known investment institutions.
The potential of zetachains is enormous, and while bridging is the primary solution today and the focus of many emerging projects, ZetaChain explores a more ambitious and general approach: a native cross-chain that directly interacts with almost any external blockchain smart contract. Cross-chain value transmission does not need to surround assets, and each pair of blockchains does not need a bridge, so it is not unreasonable to say that zetachain is the king of cross-chain in the future.
Come join us! Discord: https://discord.com/invite/kjQBqcZtnh Twitter: https://mobile.twitter.com/zetablockchain Telegram: https://t.me/zetachainofficial Blog: https://blog.zetachain.com/
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