Dear @zetablockchain
A core advantage of ZetaChain is that it's a universal platform that simplifies cross-chain applications. You can think of it as a more "universal" platform than THORChain because it supports more than just asset exchange; it can even execute cross-chain smart contracts! And it's all decentralized.
ZetaChain's design is indeed partially inspired by THORChain, but ZetaChain allows developers to not only exchange native assets across chains, but also execute more complex cross-chain smart contracts across different chains. Imagine deploying a smart contract on one chain that can interact with assets and applications on multiple chains simultaneously—a feat that's difficult with traditional cross-chain solutions.
ZetaChain achieves this through its own consensus mechanism and cross-chain protocol, making interactions between different chains highly direct and efficient. Unlike THORChain, it doesn't rely on complex signature schemes and encryption techniques, but instead utilizes a unique cross-chain communication protocol, making cross-chain transactions smoother and more flexible.
A cool feature is that ZetaChain supports more complex cross-chain logic, allowing smart contracts and data transfers to be directly invoked on different chains without relying on a bridge coin. This makes it suitable not only for simple asset swaps but also for more complex cross-chain application scenarios.
@Galxe
#Starboard