ZetaChain stands out as the first Universal Blockchain that natively connects with a variety of networks, including Bitcoin, Ethereum, and Solana. It provides an effortless user experience and unified liquidity, aiming to reach billions of users. By introducing its Universal EVM, ZetaChain gives developers the tools to create Universal Apps that seamlessly function across different blockchains, forming a cohesive crypto ecosystem all from one platform.
Who Are the Founders of ZetaChain?
The founder of ZetaChain was among the early team members at Coinbase and also helped create the Basic Attention Token (BAT). The project has attracted investments from major market participants, leading exchanges, and early employees of Coinbase and Binance, such as Dan Romero, Sam Rosenblum, and John Yi. Additionally, significant contributors from renowned protocols and funds, including JD Kanani from Polygon, are involved.
The advisory team includes Nathalie McGrath, who was Coinbase’s first Head of People and played a pivotal role in expanding the company from 10 to over 800 employees, alongside Juan Suarez, who acted as in-house counsel for Coinbase from 2013 to 2022.
What Makes ZetaChain Unique?
ZetaChain distinguishes itself as the first layer 1 blockchain enabling universal native connectivity across all blockchain ecosystems. Its innovative design introduces programmability to any chain, including Bitcoin and Dogecoin, offering developers new opportunities to develop interoperable applications without compromising security or user experience. Applications built on ZetaChain are accessible from any chain, and they can manage data and assets across all linked chains via a singular, future-proof Universal Smart Contract.
How Is the ZETA Network Secured?
ZetaChain is secured as a Proof of Stake (PoS) blockchain leveraging Cosmos SDK and Tendermint consensus, allowing it to connect with external blockchains like Ethereum, BSC, Solana, Avalanche, Terra, Bitcoin, and different layers like Polygon, Optimism, and Arbitrum, in a way that is decentralized (lacking a central point of failure, trustless, permissionless), transparent, and efficient.
The architecture of ZetaChain includes validators, observers, and signers. Validators are involved in block creation and earn rewards based on their staked coins, observers help achieve consensus on events and states from external chains, and signers, using a distributed method, hold standard ECDSA/EdDSA keys to sign messages for ZetaChain. The network employs the GG20 leaderless Threshold Signature Scheme (TSS) for distributed key generation and signing, ensuring no single node or individual has complete access to the private key. All inbound and outbound transactions and decisions (via state changes) are documented in ZetaChain blocks, which are accessible, immutable, verifiable, and entirely transparent.
