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Noro1661
@noro1661
1/2 Calling ALL builders from ANY blockchain over ANY period of time - LZREAD ๐โณ Time to end this week have a cup of tea and learn new stuff on #WEB3 ๐ Time for #lzRead powered by @LayerZero_Core So what is that lzReadโ ๐ Yeah, yeah for geeks - #lzRead is a data primitive that allows smart contract developers to access on-chain data from any supported network in a single function call. Deploy anywhere, unlock data from anywhere. In simple words ๐ ๐ค Imagine using different banking apps to track your finances, but each app can only display transactions from its own bank. Now imagine there's a tool that lets you view all your transactions from all banks in one place, and even lets you calculate your total spending without having to switch between apps. It's similar to what lzRead does, but for blockchains. Sounds interesting, rightโ
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Noro1661
@noro1661
1.5/2 ๐ ๐โโ๏ธ Let's dive in. โ๏ธ Blockchains are like independent ledgers that don't naturally talk to each other. lzRead lets developers use a simple command to pull data from one or more blockchains simultaneously. For example, if you want to see how much cryptocurrency you own across different blockchains (like Ethereum and Binance Smart Chain), you can do it with a single request. Messaging Channels: Secure communication between blockchains. Decentralized Verifier Networks (DVNs): Ensure trustworthy data transfers. ReadLib: A developer-friendly toolkit for seamless data access. Real-World Applications DAO Governance (Agora): Real-time cross-chain voting without moving tokens. NFT Ownership (ApeChain): Confirm NFTs across chains without risky bridging. Proof of Reserves (Ambient): Instantly verify multi-chain financial data. DeFi Pricing (Gelato): Reliable token price aggregation across chains. Prediction Markets (Wintermute): Transparent cross-chain data analysis for event outcomes.
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Noro1661
@noro1661
2/2 Why It Matters? From DAOs to DeFi and gaming, lzRead is revolutionizing blockchain interoperability. Itโs not just for experts; itโs for anyone looking to build smarter cross-chain apps. ๐ Future Potential: Imagine a Web3 game where lzRead ensures seamless, cross-chain gameplay. Total rewards and balances across blockchainsโcalculated in seconds! lzRead is reshaping the Web3 landscape. Dive in and explore the possibilities!
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