Protofire Partners with ZetaChain to Launch an Omnichain Safe on Testnet

Protofire.io
Protofire Blog
Published in
3 min readNov 9, 2023

--

We are pleased to announce the deployment of Safe on ZetaChain, a public, decentralised blockchain and smart contract platform built for omnichain interoperability.

ZetaChain Safe is a smart contract wallet that enforces a minimum quorum for transaction approval. For instance, if your business has three key stakeholders, you can configure the wallet to demand consent from two out of the three or all three individuals before a transaction is executed. This safeguard guarantees that no single person can unilaterally access or control the funds. Furthermore, ZetaChain Safe ensures full self-custody of your assets, and the deployed smart contract operates in a completely trustless manner, free from external control. Its infrastructure aims to improve the security and usability of digital asset wallets.

ZetaChain’s omnichain interoperability allows Safe wallets to manage native assets and data on any blockchain, regardless of its underlying technology or consensus mechanism. This is a significant advantage over traditional wallets, typically limited to supporting a single blockchain.

The deployment of Safe on ZetaChain is a major milestone for both projects. It represents a significant step towards creating a truly fluid, where users can move between and appreciate the benefits of any blockchain.

Safe on ZetaChain: A safer, easier, and more flexible way to manage digital assets

The deployment of Safe on ZetaChain is a big deal for users. Safe wallets are more secure, easier to use, and more flexible than traditional wallets. And because ZetaChain is interoperable, Safe wallets on ZetaChain can be used to manage assets on any blockchain.

Here’s what that means for you:

  • Safer: Its multi-signature feature ensures that even if one of the signatories’ private keys is compromised, unauthorised transactions cannot occur.
  • Easier: Intuitive, allowing you to view your balance and send and receive funds.
  • More flexible: Safe wallets can be integrated with other applications and services, giving you more options for managing your assets.

Mainnet on the horizon!

We are ready, and as soon as the Mainnet is launched, ZetaChain Safe will appropriately integrate Mainnet support, bringing value to the entire blockchain ecosystem!

The future is promising

Account Abstraction

Safe is a leader in account abstraction in the EVM, with a robust infrastructure and platform. We have plans to explore the limitless possibilities of AA in the future. The Safe{Core} Account Abstraction (AA) SDK aims to bring Account Abstraction to life by integrating Safe with different third parties, and we are prepared to venture into future steps.

ZetaChain Omnichain Smart Contracts

ZetaChain is the sole public, decentralised blockchain and smart contract platform that enables message passing and value transfer between any blockchain. Its omnichain smart contracts provide programmability capability to non-smart contract chains like Bitcoin. No other blockchain enables fully interoperable smart contracts like we do. We also aim to explore and collaborate Safe with the potential of ZetaChain’s omnichain smart contracts.

--

--

Protofire.io
Protofire Blog

We help token-based startups with protocol & smart contract engineering, high-performance trusted data feeds (oracles), and awesome developer tools (SDKs/APIs).