Agoric: Zcon Overview
summary
A layer-1 PoS chain on Cosmos SDK exposes hardened JavaScript smart contracts with object-capability security to avoid reentrancy and run untrusted modules as confined components; it uses IBC to join 46 live chains (about $10B connected, ~200 more in progress). The first deployed application is the IST inter-protocol stable token built from composable contracts — core vaults (CDP-style), a parity stability module and a native AMM — designed for cross-chain collateral (including upcoming ZEC support) and a staged mainnet rollout toward permissionless contracts.
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