Introducing zCloak
What does zCloak solve?
I expect Exponential DeFi and Golden benefits.
Golden raised $40M from A16Z in October, while Exponential DeFi raised a total of $14M from Paradigm, FTX Ventures and Dragonfly Capital. In particular, projects involving A16Z and Paradigm are known to have high potential for expensive airdrops. It is very positive news that both projects were...
Introducing zCloak
What does zCloak solve?
I expect Exponential DeFi and Golden benefits.
Golden raised $40M from A16Z in October, while Exponential DeFi raised a total of $14M from Paradigm, FTX Ventures and Dragonfly Capital. In particular, projects involving A16Z and Paradigm are known to have high potential for expensive airdrops. It is very positive news that both projects were...
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ZetaChain is an L1 blockchain built using the Cosmos SDK. It introduces PoS.
It is an omnichain that connects with blockchains that do not implement smart contracts such as Bitcoin and DogeCoin, and Layer2 (Optimism, Arbitrum, etc.).
ZetaChain plans to use $ZETA as a key token. A major feature of ZetaChain is its secure bridge function.
Why is it safe?
This is because tokens can be moved to other blockchains/layers other than ZetaChain without wrapping.
A traditional bridge function holds a certain amount of tokens that can be bridged on the chain of origin and destination.
This can lead to large sums of money being accumulated in one place, motivating crackers to attack.
However, in the case of ZetaChain, $ZETA is disposable and reissued many times, so this risk is greatly reduced.
In this way, ZetaChain's strength is that it can overcome the problems of conventional cross-chains.
ZetaChain is an L1 blockchain built using the Cosmos SDK. It introduces PoS.
It is an omnichain that connects with blockchains that do not implement smart contracts such as Bitcoin and DogeCoin, and Layer2 (Optimism, Arbitrum, etc.).
ZetaChain plans to use $ZETA as a key token. A major feature of ZetaChain is its secure bridge function.
Why is it safe?
This is because tokens can be moved to other blockchains/layers other than ZetaChain without wrapping.
A traditional bridge function holds a certain amount of tokens that can be bridged on the chain of origin and destination.
This can lead to large sums of money being accumulated in one place, motivating crackers to attack.
However, in the case of ZetaChain, $ZETA is disposable and reissued many times, so this risk is greatly reduced.
In this way, ZetaChain's strength is that it can overcome the problems of conventional cross-chains.
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