Bridging Blockchains

As the DeFi space continues to experience exponential growth, the number of blockchains available for investment also increases. However, each blockchain has its characteristics, with some being easy to use but expensive in fees, while others have light fees but are complex to navigate. The transaction limitations and difficulties experienced through the Binance Smart Chain in which our token was initially launched can be alleviated by our team's efforts in developing a bridge between Binance, Ethereum, and virtually every other blockchain with mass adoption, facilitated by $ZOO. This bridge, established through our ZOO platform, will facilitate universal exchange within the blockchain space.

While traditional bridges trap tokens in vault contracts, the ZOO Bridge Protocol implements a unique approach, leveraging a threshold signature scheme. Oracles monitor the blockchain network to ensure funds are deposited in the smart contract, with ZOO tokens being burned on one chain via our bridge protocol and minted on the desired chain. This eliminates the need for a vault contract that could potentially contain vulnerabilities that could be exploited by attackers. The ZOO bridge is entirely secured by cross-chain multi-party computation (MPC) validators who operate with threshold signature schemes (TSS).

The network is leaderless and ensures security through each validator running the same process upon receiving on-chain events on the various chains that the MPC validator group tracks. Consensus is achieved when two-thirds of all validators collectively sign the same transaction using their key, and a trade is issued to the destination chain. The $ZOO is minted when enough oracles see the ETH deposited into the smart contract. In a standard transaction, such as when ZOO teleports from Binance to Ethereum, we wait for three network confirmations. The ZOO Bridge Protocol represents a significant innovation in blockchain technology, improving the interoperability of blockchains and expanding investment opportunities.