Common Questions

General Questions

1. What is Zipper?

   • Zipper is a protocol that enables the secure wrapping and unwrapping of assets from various blockchains into Fabric-compatible zAssets.

2. What are zAssets?

   • zAssets are tokenized representations of external blockchain assets, fully backed 1:1 and designed for use within the Fabric ecosystem.

3. Which blockchains are supported?

   • At launch, Zipper supports Ethereum, Solana, Binance Smart Chain, Avalanche, Dogecoin, and Litecoin, with plans to expand compatibility over time.

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Transaction-Related Questions

1. How long does a transaction take?

   • Transaction times depend on the blockchain’s network congestion and the confirmation process. Most transactions complete within a few minutes.

2. What happens if my transaction fails?

   • If a transaction fails:

     • Wrapping: The original asset remains in your wallet.

     • Unwrapping: The zAsset remains in your wallet.

     • You can retry the transaction once the issue is resolved.

3. How can I track my transaction?

   • Use FabricScan or the block explorer for the originating chain to monitor the status of your transaction.

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Security and Compliance Questions

1. How does Zipper ensure security?

   • Zipper uses multi-signature wallets and TEE protocols to safeguard user funds and prevent unauthorized access.

2. What compliance checks does Zipper perform?

   • Zipper integrates with chain monitoring services to screen for flagged wallets or transactions involving sanctioned addresses.

3. Can unverified assets be wrapped?

   • Yes, but users are warned before proceeding. Verified assets are clearly marked on the Zipper website and Polyester exchange.