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What is ZetaChain?
ZetaChain is a blockchain platform that facilitates the development and deployment of smart contracts, and enables the transfer of data and value across different blockchains through messaging. ZETA is the native cryptocurrency of the ZetaChain platform and is used for paying gas fees when executing smart contracts on the network.
ZETA is also used for transacting data and value across connected chains, which means that users can send ZETA from one blockchain to another. This is made possible by the Connector feature of the ZetaChain platform, which enables interoperability between different blockchains.
With the launch of ZetaChain's Mainnet, ZETA will be traded and transacted across all connected chains. This means that users will be able to use ZETA to transact and exchange value across different blockchains without having to convert their cryptocurrencies into different tokens.
What is ZETA?
ZetaChain’s coin ZETA is used to pay the gas fees for ZetaChain smart contracts and additionally used to secure the PoS ZetaChain blockchain by bonding/staking/slashing. ZETA is also at the core of ZetaChain’s cross-chain transfer, swaps, message delivery, and security. ZETA is one of the first multi-chain coins that is natively issued across multiple chains and layers.
Users can directly move the ZETA coin from any chain A to chain B. The mechanism is a one way peg (i.e. burning X amount on chain A and then minting X amount on chain B).
We use our own coin ZETA to represent value cross-chain because:
Unlike the more common two-way pegging, there is no wrapping and therefore no multiple representation of the same underlying asset. The only (native) value that can go cross-chain is via the ZETA coin, which reduces attack surface substantially, resulting in an easier to understand audit and therefore higher security. For example, we can check total supply at the contract mint site. Users can pay ZETA for the cross-chain service that ZetaChain provides, and for gas on the destination chain, in a single step/bundle.
ZRC-20 ZRC-20 is a token standard integrated into ZetaChain’s omnichain smart contract platform. At a high-level, ZRC-20 tokens are an extension of the standard ERC-20 tokens found in the Ethereum ecosystem, ZRC-20 tokens have the added ability to manage assets on all ZetaChain-connected chains. Any fungible token, including Bitcoin, Dogecoin, ERC-20-equivalents on other chains, gas assets on other chains, and so on, may be represented on ZetaChain as a ZRC-20 and orchestrated as if it were any other fungible token (like an ERC-20).
Developing
If you're interested in developing smart contracts on ZetaChain, you can check out the Omnichain Smart Contracts for more information.
https://www.zetachain.com/docs/developers/concepts/omnichain-toolkit/
The documentation provides a comprehensive guide on how to create and deploy smart contracts on the platform using ZETA as gas fees.
Testnet
If you want to get testnet ZETA, you can do so by using the ZetaChain faucet on Discord. To get ZETA, you will need to use the command "zeta faucet drip [address]" in the #zeta-faucet channel, replacing [address] with your EVM-compatible address.
https://discord.com/invite/zetachain
After requesting ZETA from the bot, you will receive ZETA on each connected testnet chain. This testnet ZETA has no monetary value and is only meant for testing and development purposes.
ZetaChain's Omnichain Toolkit
ZetaChain's Omnichain Toolkit provides developers with the tools to build omnichain applications using omnichain smart contracts and cross-chain messaging.
Omnichain Smart Contracts are contracts deployed on ZetaChain that can manage assets on connected chains as well as on ZetaChain itself. They are ideal for complex applications that require state management across multiple chains. Some use cases for Omnichain Smart Contracts include DeFi applications that involve liquidity on multiple chains, multichain smart-contract wallets, and leveraging existing implementations of protocols like Aave, Uniswap, and Curve for omnichain interoperability.
Cross-chain messaging, on the other hand, lets you send messages from any connected chain to any other connected chain, including ZetaChain. It is best used for applications that require minimal logic or state to maintain across all chains, such as simple swap or bridge apps that use liquidity pools on existing chains, proving ownership of NFTs, or simple action-calls to a different chain.
ZetaChain's Omnichain Toolkit provides a versatile set of tools for developers to build a wide range of applications and primitives that can operate across multiple chains.
Omnichain Smart Contracts vs. Messaging As you start in developing your idea, you might wonder: how should I build my dApp? Here are some considerations to help inform decisions about your application architecture:
Deciding on an architecture The older solution—message passing—uses ZetaChain only as a relay to forward messages to another blockchain; e.g. Ethereum → BSC. A dApp would deploy at least one contract on each connected chain. The states & logic of the dApp is scattered across all of these contracts on these chains which are connected by asynchronous messages. This makes sense for certain applications that only need unidirectional and asynchronous logic/effects and that don’t need or benefit from a unified state.
Mainnet Network Info ZetaChain Mainnet is not live yet. Stay tuned for more information on its launch.
Official links:
https://www.zetachain.com/docs/
https://labs.zetachain.com/swap
What is ZetaChain?
ZetaChain is a blockchain platform that facilitates the development and deployment of smart contracts, and enables the transfer of data and value across different blockchains through messaging. ZETA is the native cryptocurrency of the ZetaChain platform and is used for paying gas fees when executing smart contracts on the network.
ZETA is also used for transacting data and value across connected chains, which means that users can send ZETA from one blockchain to another. This is made possible by the Connector feature of the ZetaChain platform, which enables interoperability between different blockchains.
With the launch of ZetaChain's Mainnet, ZETA will be traded and transacted across all connected chains. This means that users will be able to use ZETA to transact and exchange value across different blockchains without having to convert their cryptocurrencies into different tokens.
What is ZETA?
ZetaChain’s coin ZETA is used to pay the gas fees for ZetaChain smart contracts and additionally used to secure the PoS ZetaChain blockchain by bonding/staking/slashing. ZETA is also at the core of ZetaChain’s cross-chain transfer, swaps, message delivery, and security. ZETA is one of the first multi-chain coins that is natively issued across multiple chains and layers.
Users can directly move the ZETA coin from any chain A to chain B. The mechanism is a one way peg (i.e. burning X amount on chain A and then minting X amount on chain B).
We use our own coin ZETA to represent value cross-chain because:
Unlike the more common two-way pegging, there is no wrapping and therefore no multiple representation of the same underlying asset. The only (native) value that can go cross-chain is via the ZETA coin, which reduces attack surface substantially, resulting in an easier to understand audit and therefore higher security. For example, we can check total supply at the contract mint site. Users can pay ZETA for the cross-chain service that ZetaChain provides, and for gas on the destination chain, in a single step/bundle.
ZRC-20 ZRC-20 is a token standard integrated into ZetaChain’s omnichain smart contract platform. At a high-level, ZRC-20 tokens are an extension of the standard ERC-20 tokens found in the Ethereum ecosystem, ZRC-20 tokens have the added ability to manage assets on all ZetaChain-connected chains. Any fungible token, including Bitcoin, Dogecoin, ERC-20-equivalents on other chains, gas assets on other chains, and so on, may be represented on ZetaChain as a ZRC-20 and orchestrated as if it were any other fungible token (like an ERC-20).
Developing
If you're interested in developing smart contracts on ZetaChain, you can check out the Omnichain Smart Contracts for more information.
https://www.zetachain.com/docs/developers/concepts/omnichain-toolkit/
The documentation provides a comprehensive guide on how to create and deploy smart contracts on the platform using ZETA as gas fees.
Testnet
If you want to get testnet ZETA, you can do so by using the ZetaChain faucet on Discord. To get ZETA, you will need to use the command "zeta faucet drip [address]" in the #zeta-faucet channel, replacing [address] with your EVM-compatible address.
https://discord.com/invite/zetachain
After requesting ZETA from the bot, you will receive ZETA on each connected testnet chain. This testnet ZETA has no monetary value and is only meant for testing and development purposes.
ZetaChain's Omnichain Toolkit
ZetaChain's Omnichain Toolkit provides developers with the tools to build omnichain applications using omnichain smart contracts and cross-chain messaging.
Omnichain Smart Contracts are contracts deployed on ZetaChain that can manage assets on connected chains as well as on ZetaChain itself. They are ideal for complex applications that require state management across multiple chains. Some use cases for Omnichain Smart Contracts include DeFi applications that involve liquidity on multiple chains, multichain smart-contract wallets, and leveraging existing implementations of protocols like Aave, Uniswap, and Curve for omnichain interoperability.
Cross-chain messaging, on the other hand, lets you send messages from any connected chain to any other connected chain, including ZetaChain. It is best used for applications that require minimal logic or state to maintain across all chains, such as simple swap or bridge apps that use liquidity pools on existing chains, proving ownership of NFTs, or simple action-calls to a different chain.
ZetaChain's Omnichain Toolkit provides a versatile set of tools for developers to build a wide range of applications and primitives that can operate across multiple chains.
Omnichain Smart Contracts vs. Messaging As you start in developing your idea, you might wonder: how should I build my dApp? Here are some considerations to help inform decisions about your application architecture:
Deciding on an architecture The older solution—message passing—uses ZetaChain only as a relay to forward messages to another blockchain; e.g. Ethereum → BSC. A dApp would deploy at least one contract on each connected chain. The states & logic of the dApp is scattered across all of these contracts on these chains which are connected by asynchronous messages. This makes sense for certain applications that only need unidirectional and asynchronous logic/effects and that don’t need or benefit from a unified state.
Mainnet Network Info ZetaChain Mainnet is not live yet. Stay tuned for more information on its launch.
Official links:
https://www.zetachain.com/docs/
https://labs.zetachain.com/swap
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