Can someone explain what LayerZero is and why it’s important like I never worked in web3 in my life? https://www.coindesk.com/business/2023/04/04/crypto-protocol-layerzero-raises-120m-series-b-at-3b-valuation/

Contributor to Tari.com & Y.at. Bootstrapped Sparkart.com to 8 figures. YC alum. Angel Investor (Flexport, LayerZero, Hologram, Squire, Landed & 50+ more)

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its a protocol that allows you to perform multi-chain txs and move value across chains without having to use a traditional bridge. Want to buy an NFT on AVAX and only have ETH? Np. Have an NFT on chain A, but want to sell it on chain B where there is more liquidity? Np etc. etc.

Any idea how they avoid the current problems and vulnerabilities bridges have today?

heres a blog post from one of the founders that may help answer your ?:

https://medium.com/layerzero-official/layerzero-an-omnichain-interoperability-protocol-b43d2ae975b6