Justin Hunter
@polluterofminds
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/
10 replies
0 recast
0 reaction
Will
@willt.eth
LayerZero is a protocol that allows different blockchains to communicate with each other. It does this by creating a "universal layer" that sits on top of each blockchain. This layer allows messages to be passed between the blockchains without the need for a centralized intermediary.
1 reply
0 recast
0 reaction
Justin Hunter
@polluterofminds
How does it captured value in a way that makes it worth $3B?
3 replies
0 recast
0 reaction