Hello, crypto natives! Long time no see! In this article, we will discuss Zeta, a simple, fast, and secure omnichain blockchain.
Due to the trilemma of blockchain, including the fact that more than the efficiency of the current blockchain network is needed to meet the needs of large-scale applications, Zeta came into being. Zeta is not a derivative of Diem, built from scratch. Fundamental scalability has been developed to allow instant settlement, with high throughput, low latency, and low cost to meet the needs of applications serving billions of users.
Fundraising
In August 2023, ZetaChain announced a $27 million funding round. Participants include Blockchain.com, Human Capital, Vy Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation Capital, Lingfeng Capital, GSR, and others.
Introduction
Standardized interoperability provides developers with significant advantages as they can manage a single contract for all chains and reduce the attack surface. ZetaChain’s Ethereum Virtual Machine compatible omnichain smart contract layer empowers developers to seamlessly implement Bitcoin smart contracts. This unlocks a whole world of users who were previously solely in Bitcoin, enabling them to utilize their Bitcoin within the broader DeFi ecosystem.
For end users, ZetaChain enables the creation of apps and services with reduced steps, slippage, fees, susceptibility to race conditions, and overall faster, more accessible, and better user experience. Solving the fragmentation problem in crypto is critical to enabling Web3 apps and services to reach a larger audience in the hundreds of millions.
Future-proof your applications
For app developers, choosing a blockchain ecosystem can feel daunting. With ZetaChain, you can rest easy knowing that you’ll have access to any blockchain. With Omnichain Smart Contracts, you can deploy your code once and future-proof your applications.
Built for interoperability
ZetaChain is the only public, decentralized blockchain and smart contract platform that enables message passing and value transfer between any blockchain. Our omnichain smart contracts give the power of programmability to non-smart contract chains like Bitcoin and Dogecoin. No other blockchain enables fully interoperable smart contracts like we do.
Ecosystem
While Zeta is still a public chain in its infancy, developer activity has grown exponentially. Zeta is ramping up its expansion in infrastructure, DeFi, NFT, gaming, and more. Currently, what projects in Zeta are worth paying attention to？
Eddy Finance
Eddy Finance an Omnichain DEX built on ZetaChain that lets you move native assets and stablecoins between chains, including BTC, ETH, BNB, and more.
ZetaSwap
Your Gateway to Unified Liquidity. Unlock the potential of your assets with the first PMM on ZetaChain.
Artreus
NFT marketplace allowing users to mint, buy and sell tokenized omnichain games in any tokens on any chain
End Words
Scalability has been a frequent topic of discussion in the blockchain space over the past few years. Clearly, many widely used blockchains are not intrinsically optimized to continuously improve technology and applications. In this article, we gave an overview of the ZetaChain. ZetaChain is a simple, fast, and secure omnichain blockchain. Span chains from Ethereum to Bitcoin and beyond. Access all of the crypto from one chain. It can be said that with the development and maturity of the ZetaChain, the new ecology will gradually unfold, and there will be different operating experiences and huge opportunities.
