LayerZero V2 | Bryan Pellegrino

We're On 🟠 Gelato for an episode with LayerZero founder Bryan Pellegrino hosted by Gelato founder Luis Schliesske 🎙️ The Omnichain Future is Here. LayerZero is the TCP/IP of Web3. Diving deep into LayerZero V2 release, the masterplan for cross-chain communication. A quick blink into bridging and the future of omni-chain interoperability. LayerZero V1 was great, but it came with two design flaws ↓ → Relayer outage could halt cross-chain tx's as a single point of failure → Complex security setup hinders adoption due to cumbersome UX LayerZero V2 tackled previous issues & leveled up with the added functionality ↓ → A verification module with Decentralized Verification Networks (DVNs) for customizable security models → Decoupling security & execution enabling permissionless execution → Optimized Gas efficiency for increased protocol flexibility ICYMI, Layer Zero v2 is on mainnet and Gelato supports with a dedicated Gelato DVN1 ↓ Gelato DVN1 provides a unified cross-chain messaging solution for Gelato RaaS users and beyond. Gelato DVN1 stands out with its decentralized validator consensus that removes single points of failure with 3/5 validators executing the transactions in parallel. Those NEW LayerZero features strengthen three core principles: Immutability, permissionlessness & censorship resistance.