As a representative project of Universal Blockchain, ZetaChain announced recent progress, bringing native BTC to different types of blockchains, and is currently progressing rapidly. The following is a summary of the detailed points:
1. Universal blockchain ZetaChain will bring native Bitcoin to more chains, Base has launched a development network, Solana is under development, and TON is already in its roadmap.
-
ZetaChain currently supports Base on the development network, while support for the Solana chain is under development, and TON has entered the ZetaChain roadmap.
-
Solana support will make ZetaChain the first public L1 platform to support DApps across the three major chain ecosystems (Solana, Bitcoin, Ethereum), accessing native BTC in a universal and simple way.
2. Coinbase adds support for ZETA tokens to its roadmap.
-
The ERC-20 token ZETA has been supported by Coinbase on Ethereum.
-
ZetaChain is one of the default networks for Coinbase Wallet.
-
At the same time, ZetaChain is developing a network to bring Base into its Universal Connect ecosystem, enabling applications to span Bitcoin, Ethereum, Binance, Polygon and other chains from a single interface.
3. ZetaChain can provide a decentralized wBTC alternative.
-
ZetaChain provides a decentralized alternative that supports native BTC. It also supports Universal applications on all chains, including seamless access to native Bitcoin.
-
For example, one native BTC use case under development is the first native BTC-backed stablecoin product.
-
With only 0.8% of Bitcoin liquidity in DeFi being wBTC, ZetaChain opens up a significant opportunity for native BTC in DeFi. Currently, according to data from Blockscout 그리고 이더스캔 , the number of ZRC 20 BTC transfers on ZetaChain is 2.5 times that of wBTC on Ethereum, and the number of holders is 9 times that of Ethereum.
-
For details, please see the original text of the data analysis platform Lookonchain .
4. Delphi Digital demonstrated how ZetaChain implements the first truly chain-agnostic and user-friendly chain abstraction solution, including how developers can build Thorchain, Eigen Layer, Babylon and most Bitcoin L2 builds as a single smart contract on ZetaChain.
-
Delphi Digital鈥檚 latest report positions ZetaChain as the leading chain abstraction solution, enabling developers to build application-specific chains such as Eigen Layer, Babylon Chain, and Thorchain as a single smart contract on ZetaChain鈥檚 Universal EVM.
-
With support for native BTC, this full-chain EVM contract approach distinguishes ZetaChain from cross-chain messaging solutions like LayerZero and Wormhole, marking a major shift in how developers access Bitcoin alongside other major chains. (One of the main differences between ZetaChain, LayerZero (Stargate), and Wormhole (Portal) is that ZetaChain supports native asset transfers between chains. For example, ZetaChain can process transfers like ETH.ETH to BNB.BNB, while Stargate and Wormhole only support bridging the same asset between chains.)
-
ZetaChain is like Thorchain with smart contracts, Axelar with an EVM layer, Babylon that can be extended to any non-smart contract chain (like Litecoin), and a feature layer that can be used on any blockchain.
5. Important institutions from OKX to Crypto.com are safeguarding ZetaChain, while leading ecosystem players such as Alchemy and Ledger integrate and support the network.
-
Well-known institutions are rallying behind ZetaChain. OKX launches ZETA staking , offering a 120,000 ZETA L2 E reward pool, while Crypto.com offers 8% ZETA flash rewards . Coinbase expressed support for ZETA staking, adding native ZETA to its roadmap.
-
Major partners such as Alchemy, Ledger, Tenderly, MintScan and Keplr are activating support for ZetaChain, joining 130+ infrastructure providers . This rapidly expanding ecosystem enables developers to build universal applications that can be accessed from any chain and only need to be deployed once.
6. ZetaChain protocol upgrades and user experience improvements further simplify dapp development across multiple chains (including Bitcoin).
-
ZetaChain has upgraded its Universal Blockchain Gateway , UniversalKit , and new Localnet and Devnet networks . The Gateway allows Universal applications to connect natively to any blockchain, including Bitcoin, improving the user experience on new chains.
-
UniversalKit provides ready-to-use React components for the Universal API, while the new Localnet and Devnet accelerate development with the latest features. According to ZetaScan data, ZetaChain has attracted more than 3.6 million unique wallets.
-
ZetaChain has distributed over 2,500,000 ZETA to the community through Universal applications such as Eddy Finance, SubstanceX, Sugar, etc. The remaining 10,000,000 ZETA reward pool will be distributed directly to the community through ZetaHub.
This article is sourced from the internet: ZetaChain: Providing a unique chain abstraction solution, bringing native BTC to Solana and Base
Related: Earning $150,000 in 1 minute, will NFT help him capture the Golden Dog again?
Original author: Cookie In a sluggish market, there are still brilliant records of getting rich quickly every day. On the last day of July, Brother Sun 0x Sun made $150,000 in just one minute. This brilliant achievement also shocked foreigners, such as the famous KOL @CirrusNFT in the English circle: I immediately went to watch the whole process carefully. As 0xSun mentioned in his tweet, his previous experience with FLC (Note: Floor Protocol, a protocol that can fragment ERC-721 small pictures into ERC-20 Tokens for trading) helped him discover this huge arbitrage opportunity. It can be said that compared with other players who rush to Tugou, Brother Sun not only pays close attention and rushes fast, but also has rich experience in NFT, which makes him win a big victory.…