Overview
The omnichain interoperability protocol LayerZero provides a powerful solution to the challenge of interoperability. Launched in 2021, it is uniting decentralized applications (dApps) across disparate blockchains with new and optimized solutions.
Their novel protocol leverages decentralized oracles and ultra-light nodes in order to facilitate communications between different networks without having to maintain sequential block headers. The combination of high security and cost-effectiveness makes LayerZero an attractive option for multi-chain dApps users seeking convenience when connecting with new chains, unlike bridges.