ZetaChain Manifesto (CN)

Every iteration of internet has promised to democratize access to information and opportunity, but over time, systems tend to centralize into fragmented silos, limiting creativity and innovation.

Blockchains have the potential to usher in a new era of the internet. Instead of our data, finances, and digital assets being controlled by a few large organizations, open blockchain protocols could create a renaissance of creativity and possibility.

ZetaChain breaks down barriers between blockchains, allowing data and value to flow between disparate systems, making it simpler and easier for anyone to build and explore in this new digital economy.

Bitcoin was the first major breakthrough of blockchain technology. It redefined the concept of money itself by eliminating the need for centralized middlemen to determine who owns what. However, buying and selling Bitcoin largely relied on centralized exchanges, carrying familiar vulnerabilities of the traditional financial system.

Ethereum ushered in a new era with smart contracts, which enabled more complex transactions and gave rise to decentralized finance (DeFi) and new forms of decentralized digital assets and identities, like NFTs and ENS names. This empowered users to trade, borrow, and lend assets without centralized financial institutions, and to have control over the data and media they create and consume.

Despite these breakthroughs, Ethereum faces challenges: limited scalability and incompatibility with non-smart contract blockchains like Bitcoin and Dogecoin.

Now, new blockchains, layers, and scaling solutions are popping up every day, with vibrant communities who compete for market share. Tribalism and maximalism are a tax on innovation and risk pushing our industry towards stagnation. We need a way to encourage positive sum innovation and collaboration by giving developers the flexibility to explore any new blockchain or layer with ease.

ZetaChain is the next evolution of blockchain technology. It facilitates value transfer across any blockchain, from Bitcoin to Ethereum to Cosmos and beyond. ZetaChain is the base-layer of the decentralized internet.

ZetaChain brings together any existing blockchain, including Cosmos, Ethereum, and Bitcoin, while expanding their capabilities to include access to new blockchain innovations that might come about in the future.

Omnichain smart contracts allow developers to deploy their applications once and gain access to any blockchain ecosystem, future-proofing their work. This creates opportunities for flexibility and creativity, without falling into tribalism, and without sacrificing security.

Blockchain consumers gain simplified access to the new decentralized web. ZetaChain provides the ability to access and trade tokens and assets on any blockchain, from a single wallet, without the need to rely on centralized exchanges.

ZetaChain breaks down barriers between blockchain communities, increasing creativity and innovation, and breaks down barriers of access by making it fun, easy, and secure to explore all that crypto has to offer.

ZetaChain brings crypto back down to earth by making its original vision a reality: a truly decentralized and flexible internet that is open and accessible to all.