• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

Is Coinbase Selling Paper Bitcoin?

2025-04-29

Crypto News: BTC $100K? Altcoin Breakout, SUI & TAO Pump, TRUMP & More

2025-04-28

Bitcoin’s Decentralized Price (UTXOracle)

2025-04-28

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What They Are and What They Are For

    2025-04-17

    What It is & Why it Matters

    2025-04-16

    Most Profitable Crypto to Mine in 2025: Best Altcoins for Mining

    2025-04-11

    Get a $50 Welcome Bonus when You Join Changelly’s Mobile App – Only This March!

    2025-03-04

    The Main Differences Between Crypto Exchanges

    2025-03-03
  • Videos

    Is Coinbase Selling Paper Bitcoin?

    2025-04-29

    Crypto News: BTC $100K? Altcoin Breakout, SUI & TAO Pump, TRUMP & More

    2025-04-28

    Bitcoin’s Decentralized Price (UTXOracle)

    2025-04-28

    Perfect Storm Brewing…Macro Week + Events Points Bitcoin at Six Figures

    2025-04-27

    MegaTrend Investing 🌎📈 — Sell Now or Regret Later?!

    2025-04-27
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Blockchain»A Paradigm Shift in Blockchain Interoperability
Blockchain

A Paradigm Shift in Blockchain Interoperability

2023-12-14No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Today, LayerZero, the protocol linking various blockchains, announced a major upgrade. The LayerZero V2 upgrade marks a substantial leap toward realizing a censorship-resistant, permissionless, and immutable blockchain communication protocol tailored for the dynamic Web3 landscape.

—

Elevating Interoperability Standards

LayerZero positions itself as a permissionless, censorship-resistant, and immutable omnichain interoperability protocol. Drawing parallels to the standard-setting role of TCP/IP in internet development, LayerZero aims to establish a unified approach to application development across diverse blockchain networks.
Since its establishment in 2021, LayerZero has facilitated the seamless transfer of over 85 million messages across more than 45 blockchains, cementing its position as a market leader in the blockchain arena.
Critical dApps in the crypto landscape, including JOE, CAKE, MIM, agEUR, BTC.b, PRIME, CANTO, and MAV, leverage the Omnichain Fungible Token (OFT) Standard. This standard allows fungible tokens to move across multiple blockchains without the need for asset wrapping, middlechains, or liquidity pools.

Key dApp Integrations

Several influential dApps, such as Radiant, Tapioca, Stargate, and Angle, have been built directly on LayerZero’s messaging protocol. This underscores LayerZero’s pivotal role in supporting crucial applications in the crypto space.

Modular Security: V2 introduces a self-custody feature for dApp developers. Application owners gain complete control over their “Security Stack” by selecting and combining diverse Decentralized Verifier Networks (DVNs).
Throughput: To ensure optimal speed, V2 adopts “lazy nonce-order enforcement,” allowing the maximum throughput of the destination chain.
Liveness: V2 separates execution from verification, introducing the “Executor” as a permissionless role. This enables any participant to submit verified transactions directly to blockchains.
Unified Semantics: V2 enables developers to build applications that function uniformly across every blockchain connected through LayerZero.

See also  At Last, Blockchain Developer OP Labs Delivers ‘Fault Proofs’ Missing From Core Design

Additional V2 Features

Easier Configuration: V2 empowers application owners to configure a custom Security Stack with required and optional DVNs. This addresses concerns raised in the V1 version.
Adapters: The V2 rollout includes adapters for third-party bridges, native bridges, and oracles, operating as DVNs within LayerZero. Adapters for Axelar and CCIP are introduced.
Horizontal Composability: V2 allows the stacking of transactions independently, achieving horizontal composability without freezing dApps, even if individual transactions fail within a bundle.

Insights into LayerZero Labs and Future Token Distribution

LayerZero Labs, the entity behind LayerZero, recently raised $120 million in a Series B funding round, valuing the company at $3 billion.

Co-founder and CEO Bryan Pellegrino, with a background in professional poker, entrepreneurship, and AI research, emphasized the importance of developers trusting themselves while building on LayerZero. The team plans to distribute tokens in the first half of 2024.
“If you’re building on LayerZero, it’s because you don’t want to trust others; it’s because you trust yourself.”

Co-founder & CEO Bryan Pellegrino
“V2 is just an upgrade, making security easier to configure, increasing throughput, and minimizing liveness concerns through permissionless infrastructure roles,” added Brian.

For those interested in delving deeper into LayerZero and exploring the transformative V2 upgrade, visit their official website or stay tuned for updates and events by following them on X.

Blockchain Interoperability Paradigm shift
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

BITCOIN + AI + QUANTUM COMPUTERS = SHIFT IN HUMANITY

2025-02-06

OCTA: Game Theory Update, Payouts & Best Blockchain

2025-02-05

🔥 OCTA Time: Sellers Exhausted? Market Shift Ahead? 🚀

2025-01-28

HOW $TRUMP TOKEN HAS CREATED A NEW PARADIGM SHIFT!!!!

2025-01-20
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Videos

Bitcoin EXPLOSION Coming

2024-05-22

Bitcoin and Ethereum might be exploding soon. Bitunix Exchange (No KYC) $100000 Bonus ▻ https://bit.ly/3Tmp1Hq…

Bitcoin

Another Bitcoin Metric Is About To Reach A New All-Time High Despite The Bear Market

2023-08-28

The price of Bitcoin has taken a beating in the past month. The leading cryptocurrency…

Videos

Where Bitcoin Is This Cycle (Hint: Buy NOW!)

2024-06-14

Today, let’s discuss Bitcoin and where it is now in the current cycle. Bitunix Exchange…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

Is Coinbase Selling Paper Bitcoin?

2025-04-29

Crypto News: BTC $100K? Altcoin Breakout, SUI & TAO Pump, TRUMP & More

2025-04-28

Bitcoin’s Decentralized Price (UTXOracle)

2025-04-28

Perfect Storm Brewing…Macro Week + Events Points Bitcoin at Six Figures

2025-04-27
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 96,170.77
ethereum
Ethereum (ETH) $ 1,842.92
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.24
bnb
BNB (BNB) $ 603.61
solana
Solana (SOL) $ 151.94
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.178626
cardano
Cardano (ADA) $ 0.706705
tron
TRON (TRX) $ 0.24899
bitcoin
Bitcoin (BTC) $ 96,170.77
ethereum
Ethereum (ETH) $ 1,842.92
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.24
bnb
BNB (BNB) $ 603.61
solana
Solana (SOL) $ 151.94
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.178626
cardano
Cardano (ADA) $ 0.706705
tron
TRON (TRX) $ 0.24899