As of October 2024, ZetaChain has secured a position among the top 10 most utilized Layer-1 blockchains, surpassing established competitors like Aptos, Tron, and Cardano, according to DappRadar. This remarkable achievement is largely attributed to its innovative Universal Apps, a gateway facilitating seamless connectivity and interoperability between diverse blockchains.
Table Content:
- Seamless Cross-Chain Transactions on Base via ZetaChain
- Coinbase and ZetaChain: A Strategic Alliance
- ZetaChain as the Default Network on Coinbase
- Coinbase’s Role as a ZetaChain Validator
- Custody of ZetaChain on Coinbase Prime
- ZetaChain and Coinbase Learning Rewards
- ZetaChain: Architecting the Future of Cross-Chain Interoperability
Driven by its ambition to connect the entire crypto ecosystem, ZetaChain continues to expand its influence through a strategic partnership with Coinbase, successfully integrating with the Base blockchain. This significant advancement propels the development of a truly global decentralized financial ecosystem, empowering users to effortlessly participate in cross-chain transactions without the need for network switching.
zetachain trên coinbase primeZetaChain launches on Coinbase Prime. Source: Coinbase X
Seamless Cross-Chain Transactions on Base via ZetaChain
This integration allows users to seamlessly transfer tokens and NFTs between ZetaChain, Base, and other blockchains without the cumbersome process of network switching. This not only reduces transaction costs and processing times but also enhances flexibility in utilizing multiple blockchains. Users can monitor assets, contribute to liquidity pools, and execute transactions on the Base blockchain directly within the ZetaHub interface.
Furthermore, developers can leverage ZetaChain’s capabilities to build Universal Apps, simplifying asset management across various blockchains for users and enhancing overall liquidity. Universal Apps on ZetaChain deliver a smooth and unified cross-chain user experience, effectively addressing the challenges of liquidity fragmentation.
Coinbase and ZetaChain: A Strategic Alliance
Coinbase and ZetaChain share a common vision of establishing an open financial system and a globally connected blockchain, uniting users across all networks. The integration of ZetaChain’s mainnet into the Coinbase ecosystem yields several notable benefits:
ZetaChain as the Default Network on Coinbase
ZetaChain has been designated as the default network on Coinbase for both iOS and Android platforms. This streamlined integration enables users to interact effortlessly with Universal Apps on Base and other blockchains without requiring manual network switching.
Coinbase’s Role as a ZetaChain Validator
Coinbase’s involvement extends beyond mere integration; the company has also become a validator on the ZetaChain network. This participation allows users to stake ZETA tokens and earn rewards for contributing to network security, while simultaneously supporting the growth and development of the ZetaChain ecosystem.
Custody of ZetaChain on Coinbase Prime
Institutional investors now have secure and convenient access to ZETA through Coinbase Prime, ensuring the highest level of security for institutional-grade financial transactions. This accessibility further solidifies ZetaChain’s position within the broader financial landscape.
ZetaChain and Coinbase Learning Rewards
Coinbase is also poised to launch a Coinbase Learning Rewards program on ZetaChain, offering users the opportunity to earn ZETA tokens by learning about ZetaChain and its Universal Apps. This initiative provides an excellent avenue for users to gain valuable knowledge and actively participate in the ZetaChain ecosystem.
ZetaChain: Architecting the Future of Cross-Chain Interoperability
ZetaChain is meticulously designed to optimize connectivity between disparate blockchains. Its Omnichain smart contracts, operating on ZetaChain’s Universal EVM, empower users to interact with assets and services across multiple blockchains without encountering the limitations of liquidity fragmentation. This robust cross-chain transaction capability positions ZetaChain as an ideal platform for decentralized applications (DApps).
Notably, ZetaChain embraces a Proof-of-Stake (PoS) mechanism, enabling users to stake assets like Bitcoin and Ethereum to earn rewards while contributing to the security and stability of the ecosystem. This represents a crucial step towards building a secure and sustainable decentralized financial future.
