ZetaChain

ZetaChain Data

ZetaChain Overview

ZetaChain is a Layer 1 blockchain platform known for its chain-agnostic interoperability, enabling seamless data and value transfers across various blockchains, including EVM-compatible chains, Cosmos/IBC, Bitcoin, and others. It features messaging capabilities that allow the transmission of data and value without wrapping assets and supports native smart contracts for creating omnichain decentralised applications (odApps). These odApps can manage funds across multiple blockchains via a single contract. The ecosystem is powered by the native token, ZETA, used for transaction gas, securing the network through staking, and facilitating cross-chain communications. ZETA also plays a crucial role in network governance, granting token holders the ability to participate in decision-making processes. The use of ZETA is aimed at ensuring efficient interoperability, enhancing network security, and fostering community involvement in ZetaChain's development.