Moonbeam Integrates Cross-Chain Data Protocol LayerZero
Moonbeam, a parachain on the Polkadot network, has just integrated the cross-chain data protocol LayerZero.
On the evening of August 29, Moonbeam announced its new partnership with LayerZero via its Twitter account.
According to Etherscan, Moonbeam has supported approximately 9.6 million transactions. This parachain had previously integrated Polkadot's cross-chain communication mechanism, XCM.
1/ 🚀 @LayerZero_Labs, an omnichain interoperability protocol, deploys to Moonbeam, enabling developers with a wider array of secure messaging features & adding to cross-chain capabilities on the network 🔁 #connectedcontracts #Moonbeamhttps://t.co/72x0uxwooo
— Moonbeam Network (@MoonbeamNetwork) August 29, 2022
Derek Yoo, CEO of Purestake—Moonbeam's parent company—stated that the integration with LayerZero will enable multi-chain interoperability with major Layer-1 networks like Ethereum, BNB Chain, and Polygon.
LayerZero is an infrastructure solution designed to help DApps build cross-chain bridges. One of the notable solutions built on LayerZero's foundation is Stargate, which has recently garnered significant attention due to its continuous support for listings on Binance and FTX.
