What it is
ZetaChain is a public proof-of-stake layer-1 blockchain enabling universal cross-chain smart contracts and asset transfers across both smart-contract and non-smart-contract chains.
Technology & consensus
Proof-of-stake validators run observer and signer modules. Observers reach consensus on external chain events, and signers use threshold signature scheme (TSS) distributed key generation to collectively custody assets and execute authenticated transactions on external chains.
Token utility
ZETA is the native gas token for transaction fees, used for staking to secure the network, staking rewards, and governance.
Key risks & notes
Security rests on validator-supermajority and TSS key-share assumptions. Cross-chain messaging adds complexity and connected-chain failure risk. Supply, vesting, and treasury allocations bear on decentralization.
Primary source
Read the official whitepaper →Research status
Classification: Whitepaper read · Researched · Source material: official project documents only.