LayerZero, Stargate - Solana Terra Luna integration - crosschain interoperability - Bryan Pellegrino

Apr 29, 2022

Highlights11

LayerZero is a new interoperability protocol that connects disparate blockchains. Interoperability hinges on passing messages between chains; current solutions achieve this with a middle-chain (hub-and-spoke model) such as Polkadot or running pairwise on-chain light nodes such as Cosmos IBC. The former solution centralizes security around a single hub, allowing for cheap transactions at the cost of a single point of failure. The latter achieves high security with on-chain validation but is both capital and resource-intensive. LayerZero brings the best of both worlds together with a novel on-chain "Ultra Light Node," which achieves the security of a light node with the cost-effectiveness of middle chains. LayerZero plans to support Ethereum, Binance Smart Chain, Polygon, Avalanche, Fantom, Arbitrum and Optimism at launch. It will add support for more EVM chains and non-EVM chains, such as Solana, Polkadot, Algorand, in the months following launch. Bryan’s twitter: https://twitter.com/primordialaa Website: https://layerzero.network/ Twitter: https://mobile.twitter.com/layerzero_labs Anna's insta: https://www.instagram.com/an_t73/ Anna's twitter: https://twitter.com/anna_tutova Buy DAVINCIJ15 NFT: https://opensea.io/assets/0xacffdae4c1b0eb4aa8f8fe0b8dcfa3a55f8afb9c/5 Read best cryptocurrency news: https://coinstelegram.com/news/historic-record-crypto-market-capitalization-exceeds-2-trillion/ Join our trading community - https://t.me/coinstelegramEN Subscribe to the best Bitcoin news - https://t.me/coinstelegram