Press Release View Non-AMP

ZetaChain Introduces First-Ever Omnichain Smart Contracts and Native Bitcoin Interoperability Support To Over 500,000 Users

Published by
Coinpedia

San Francisco, California Nov 17th, 2022, Building off of its hyper-growth trajectory, California-based public L1 blockchain and omnichain smart contract platform ZetaChain (ZETA) announces the launch of an upgraded testnet. This powerful network upgrade supports cross-chain messaging and introduces Omnichain Smart Contracts support. ZetaChain is the only public blockchain where smart contracts can access and manage assets, data, and liquidity on any chain.

Omnichain Smart Contracts

ZetaChain lets developers write and deploy EVM-compatible smart contracts on ZetaChain that have access to ZetaChain’s universal connectivity. This means developers can leverage the existing robust Ethereum smart contract ecosystem and build truly interoperable applications on top of ZetaChain — as if everything were on a single chain. Omnichain smart contracts enable a new paradigm of application building as ZetaChain easily manages and orchestrates native assets on all connected chains in a single place.

ZetaEVM (zEVM) and the ZRC-20 Standard

ZetaEVM (zEVM) is a module on top of the ZetaChain network that allows users to create and deploy EVM-compatible Omnichain Smart Contracts, which can read, write, or manage data and liquidity on any connected chain from a single place. A new standard called ZRC-20 allows Omnichain Smart Contracts to manage native assets on connected chains. With ZRC-20, developers can build applications that use and transact native fungible tokens such as Bitcoin, ERC-20s, and Gas Assets, all on a single chain.

Bitcoin Support

With Omnichain Smart Contracts and ZRC-20, developers can now deploy contracts on ZetaChain that control Bitcoin natively. In other words, ZetaChain supports Bitcoin smart contracts. On top of this, ZetaChain supports smart contracts that orchestrate not only Bitcoin, but also Bitcoin together with assets and data from other chains. Now, you can trade and use Bitcoin with any assets in the DeFi world without wrapping.

What does this mean for developers and users?

  • One Contract For All Chains:

Omnichain Smart Contracts significantly lower development overhead and simpler security profile. Instead of recreating the wheel of messaging architectures, you can experience the simplicity of building on Ethereum with access to assets on any chain. You also only have one contract to manage as opposed to deploying and maintaining contracts across every chain you want to support.

  • Less Fees:

Users experience reduced gas fees because the single contract you control and use to transact manages multiple native tokens. Complex logic in contracts on ZetaChain can orchestrate assets across all connected external chains through simple transfers, which minimizes total gas expenditure and slippage.

  • Better, Safer User Experience:

Instead of waiting for different messages to pass and sync between separate chains, transaction logic occurs atomically on ZetaChain. The result is lower slippage, better guarantees for users, lower attack surface, and less susceptibility to race conditions or time constraints. This also means truly single-step transactions UX (and fees) in the user experience, even when operating across many chains.

Start Testing and Building

Users can test how Bitcoin Support, ZRC-20, and Omnichain Smart Contracts work together in ZetaLabs here. For developers, start building on ZetaChain using the developer documentation.

Media Contact
Teigi Lee
press@zetachain.com

Coinpedia

Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: info@coinpedia.org

Recent Posts

PEPE Hovers at Key Support as Bears Take Control of FLOKI’s Rally—What’s Next?

PEPE price is currently testing a crucial support level, raising concerns among traders about whether…

September 30, 2025

XRP News Today: Ripple Price Prediction & Latest Updates From Viral Altcoin Remittix

The crypto market is heating up as Ripple’s XRP shows signs of bullish momentum while…

September 30, 2025

XRP Price Prediction: Ripple Investors Snap Up $RTX After PayFi Competitor Sees Almost 40,000 Join Presale

XRP price is showing early signs of recovery this September.  Investors watch ETF approvals, XRPL…

September 30, 2025

XRP Above $5, Solana Near $250—Yet Ozak AI’s $0.012 Entry Looks Stronger

Crypto markets in 2025 are heating up as major altcoins consisting of XRP and Solana…

September 30, 2025

Fact Check: Did the Texas Senate Approve the ‘XRP Reserve Bill’ to Buy $100 Million in XRP Annually?

A rumor has been circulating online claiming that the Texas Senate passed an “XRP Reserve…

September 30, 2025

LINK Price Eyes Recovery as Reserves Grow and ETF Speculation Builds

LINK price has remained under pressure through September, slipping into a bear market and briefly…

September 30, 2025