Zetachain Network
EARN AND LEARN..... from STRATAONE.
Key definitions
Tendermint Consensus: It is a blockchain consensus protocol that achieves agreement and ensures secure, fast transaction finality across a network of nodes. Hyper-Connected Nodes: Nodes within ZetaChain that monitor and interact with multiple blockchain networks, which enables seamless cross-chain functionalities. Omnichain Smart Contracts: These are Smart contracts on ZetaChain capable of operating across multiple blockchain networks, and not limited to a single chain. Cross-Chain Message Passing: It’s a method for transferring data and executing transactions between different blockchain networks to enable interoperability. OdApps: Omnichain Applications designed for decentralized networks, functioning across multiple blockchain layers and platforms for enhanced versatility.
ZetaChain is a Layer 1 (L1) blockchain built on the Cosmos SDK and Tendermint Consensus.
It offers seamless interaction with any blockchain network, including those like Bitcoin that traditionally lack smart contract capabilities.
ZetaChain enables omnichain smart contracts and messaging between any blockchain, bridging the gap between different chains.
Built on Cosmos SDK and Tendermint Consensus, ZetaChain is a decentralized and public blockchain that operates as a Proof-of-Stake network, ensuring that all activities, including cross-chain transactions, are transparent and secure. The validators in the network act like watchmen, making sure everything runs smoothly.
Interoperability:
ZetaChain connects both smart contract blockchains (e.g., Ethereum, Solana) and non-smart contract blockchains (e.g., Bitcoin, Dogecoin).
It achieves this by having observers scan external chains for relevant events and transactions, reaching consensus on observations within ZetaChain.
Signers collectively possess a Threshold Signature Scheme (TSS) key to send authenticated messages to external chains and hold assets.
Smart Contracts:
Smart contracts on ZetaChain support arbitrary logic that executes conditionally based on external chain events.
They can directly update external chain states via TSS-signed transactions.
This enables generic smart contracts that can custody assets on external chains, leading to cross-chain dApps.
The Role of ZETA
ZETA, ZetaChain’s native coin, plays a multifaceted role. ZETA is more than just the currency of ZetaChain; it's used for transaction fees and keeping the network secure. But more importantly, it's what makes the cross-chain transfers possible. Think of ZETA as the key that unlocks the door to seamless transactions across different blockchain networks.
At StrataOne, we see ZetaChain as more than just another blockchain evolution. It's a step towards a more connected blockchain world. It's not just about creating something new; it's about enhancing and connecting what already exists. As ZetaChain moves towards its mainnet launch, it's assured to change how we think about blockchain interoperability and the possibilities in the DeFi space. Stakin is stoked to participate in the early stages of ZetaChain. More information can be found on strataone.io
How To Stake Zetachain on Strataone
Login to Your Keplr Wallet:
If you haven’t already, install the Keplr wallet extension for your browser.
Switch to the Mars Hub network within Keplr.
Staking Process:
Visit the Mars Hub Staking page.
Select StrataOne as your validator from the list of available validators.
Click Delegate in the pop-up window.
HOW TO STAKE ZETACHAIN USING META MASK WALLET ON STRATAONE
ZetaChain enables interoperability between both EVM-compatible and EVM-non-compatible blockchains by providing cross-chain value transfer and message delivery, as well as native omnichain smart contract support.
$ZETA is ZetaChain’s native utility token, used to pay for the network’s transaction fees as well as for bridging value between different blockchains. Keep reading to learn how to stake $ZETA with Stakin by using the intuitive ZetaHub dashboard
Creating a MetaMask Wallet
Step 1: Start by downloading the MetaMask extension from: https://metamask.io/
Step 2: Launch the page and select "Create a new wallet" for account setup.
Step 3: If you already have an existing MetaMask Wallet, you can import it. Security Tip: Securely store your recovery phrase offline and keep it confidential. Losing your recovery phrase means losing access to your wallet's assets.
Step 4: After creating your Metamask wallet, you can manually add ZetaChain as a network.
Follow the screenshots below to add ZetaChain Network:
Step A: Click on the network selection at the top left corner, then on "Add Network" from the dropdown.
Step B: Choose "Add a network manually".
Step C: Enter the following details:
Network Name: ZetaChain
New RPC URL: https://zetachain-mainnet-archive.allthatnode.com:8545
Chain ID: 7000
Currency Symbol: ZETA
Block Explorer URL: https://explorer.mainnet.zetachain.com
Click "Save" to finalize adding ZetaChain to your MetaMask wallet.
Funding Your Wallet:
You can purchase your $ZETA on a DEX (decentralized exchange) such as Eddy Finance (https://app.eddy.finance/) or any CEX (centralized exchange) such as Coinbase, Bitget, or Kucoin if you still need to get ZETA
If using a DEX, connect your MetaMask Wallet, ensuring you have funds in Ethereum or BSC for bridging.
For CEX purchases, use your ZetaChain Public Wallet Address to deposit $ZETA into your MetaMask.
Staking $ZETA
Step 1: Navigate to the Staking tab on the ZetaHub: https://hub.zetachain.com/strataone
(see the image below)
Step 2: Find and select a validator. You can search for a specific validator or browse the list.
Step 3: Click on the validator's name, then "Stake" in the pop-up window.
Note: Stakin offers competitive commissions and has been a ZetaChain operator since its early testnet phases (March 2023).
Step 4: Enter the amount of $ZETA you wish to stake and click "Delegate".
Step 5: Review and approve the transaction details.
Congratulations! You’ve now staked your $ZETA 🎊
written by: Thompson (creator StrataOne)
Last updated
