LayerZero is an omnichain interoperability protocol that was launched on the zkSync Era Mainnet on March 24th. It provides interoperability for developers to build zkSync and extend their applications with the largest bug bounty program. The zero-knowledge Ethereum Virtual Machine (zkEVM) represented in ZkSync Era is a second iteration of the Layer 2 Ethereum Scaling network.
The new chains keep coming!
— LayerZero Labs (@LayerZero_Labs) April 27, 2023
LayerZero is an omnichain interoperability protocol that provides a messaging system for exploring zkSync development over 30 more supported chains. The effective development of LayerZero’s launch on zkSync Era Mainnet is expected to bring increased flexibility and interoperability.
Additionally, LayerZero Labs has the largest bug bounty program for $15 million for prolonging evaluation to enhance security. To build complex interconnected applications, LayerZero emits potentiality to improve the efficiency of cross-chain communication and provides a reliable platform with security for the developers.
Compiled by Coinbold