馃攼 Custody Crisis Solved
馃攼 Custody Crisis Solved
馃攼 Custody Crisis Solved
Zenrock introduces a new approach to crypto custody that eliminates the need for trusted custodians.
The Problem:
- Wrapped assets rely on centralized custodians and multisigs
- Bridges get hacked regularly
- Users must trust companies with their keys
Zenrock's Solution:
- DCT (Decentralized Custody Token) standard
- Uses distributed MPC (dMPC) technology
- Private key shares split across independent operators
- No single party controls keys
Key Features:
- Assets secured by cryptography, not trust
- Uses simple wallet addresses (EOAs) instead of custom contracts
- Runs on zrChain, a Delegated Proof-of-Stake network
- Global validator set with $100B+ cumulative stake
Currently Live:
- zenBTC: yield-bearing wrapped BTC on Solana
- zenZEC: wrapped ZEC on Solana
Zenrock makes custody open, composable, revenue-generating, and decentralized. Ankr now validates the network as it scales.
What makes @zenrock one of the most important new primitives in crypto? For years, crypto made progress everywhere except custody. Wrapped assets still depend on custodians, multisigs, and centralized vaults. Bridges get hacked. Keys get compromised and users are told, 鈥渢rust
We鈥檙e excited to share that we are now a validator for @zenrock, securing both their testnet and mainnet. Zenrock is redefining wrapped assets with decentralized custody (dMPC + EOAs), and we鈥檙e proud to help secure the network as it scales. More big things coming 馃敟
AB Chain RPCs Launch on Ankr Infrastructure
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Ankr Powers Monad Mainnet Launch with Full Infrastructure Suite
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