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ZetaChain is the foundational, public blockchain that enables omnichain, generic smart contracts and messaging between any blockchain. It solves the problems of “cross-chain” and “multi-chain” and aims to open the crypto and global financial ecosystem to anyone. ZetaChain envisions and supports a truly fluid, multi-chain crypto ecosystem, where users and developers can move between and appreciate the benefits of any blockchain: payments, DeFi, liquidity, games, art, social graphs, performance, security, privacy, and so on.
ZetaChain is a decentralized and public blockchain network. It is built on Cosmos SDK and Tendermint Consensus. While many cross-chain solutions like bridges have varying, often centralized trust models that have a track record for being susceptible to exploits and hacks, ZetaChain is a Proof-of-Stake blockchain, where all transactions and activity on the platform - even cross-chain transactions - are fully transparent, verifiable, and function in a trust-minimized manner.
Smart contracts can be deployed natively on ZetaChain that can read/write to connected chains. ZetaChain is the only public blockchain to support smart contracts with this capability, enabling a new paradigm of app development.
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.
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