Cointime

Download App
iOS & Android

Introducing The Core Bridge Powered by LayerZero

Validated Media

LayerZero is powering Core’s bridge to the broader blockchain ecosystem, enabling greater cross-chain interoperability and officially supporting assets including USDC, USDT, and WETH. As expressed in the Core x LZ integration announcement, Core DAO could not be more excited for this revolutionary technology marking a new epoch in blockchain development.

Connecting the Blockchain World

Over the past decade, the Layer 1 landscape has expanded to numerous chains optimizing for specialized abilities. Historically, specialization and the division of labor has been an economic edge as new tools and trade enhance productivity. Countries have established systems for international exchange with different currencies. Yet, blockchains have not always had the benefit of open communication and trade. Layer 1 chains have had difficulties communicating with one another and transferring data and digital assets.

Blockchain bridges and other interoperability protocols allow for the transfer of tokens and information from one chain or network to another chain or network, allowing decentralized applications across different chains to leverage one another’s abilities. The free flow of information allows tokens to reach their optimal destination, both dividing labor across chains and enabling users to identify and utilize their preferred blockchain without leaving assets behind. Particularly in the early stages of ecosystem development, bridges present a great opportunity for Core to bring various assets and individuals onto its decentralized, scalable, and secure blockchain rails.

Bridges and Tunnels

Despite the importance and value of blockchain bridges, they have historically experienced severe limitations. Using bridges often involves multiple steps and complicated processes. It can often feel like bridges lack clear pathways and guardrails, leading many to fall off the side or simply avoid the voyage entirely. Additionally, with bridges sitting atop the consistently chaotic blockchain surface, earthquakes in the form of security vulnerabilities can shake these bridges to the point of total collapse. If users and developers are going to be able to consistently communicate across chains, the blockchain world needs a better solution than these unsteady, makeshift bridges.

Instead of building atop the ever-shaking layer one landscape, what if cross-chain trade and communication could occur below the surface, acting more like tunnels? As the name implies, LayerZero does exactly that. Utilizing decentralized oracle networks, relayers, and immutable endpoints on integrated blockchains, LayerZero unlocks secure, “one-click” omnichain interoperability. For builders, protocols can reach below Layer 1 barriers to acquire data and digital assets from other applications across the blockchain world. And for users, the simplicity with which LayerZero collects data and assets abstracts away the previously burdensome complexity. Everything runs below the surface. Eventually, with LayerZero being a multifaceted cross-chain messaging protocol, NFTs, messages, and more will live in harmony across multiple chains.

LayerZero is a superpower for the Core developer and user experience. Just as Core leverages Bitcoin and Ethereum at the protocol design level, developers on Core can leverage the applications, data, and tokens on other chains to enhance their applications. Stay tuned for more updates and information on both LayerZero and other Core integrations. Core is rising.

Comments

All Comments

Recommended for you

  • Another Iranian Oil Tanker Returns to Iran After Breaking US Blockade

    On April 21, according to CCTV News, maritime intelligence company 'TankerTrackers' reported that a tanker belonging to the National Iranian Tanker Company returned to Iran after unloading approximately 2 million barrels of crude oil in Indonesia, crossing the relevant maritime blockade line. The tanker is currently en route to Iran's main oil export hub, Khark Island, and is expected to arrive on April 22 local time. It is reported that the tanker set sail from Iran in late March, heading towards the Riau Islands of Indonesia.

  • White House: US and Iran on the Verge of Reaching an Agreement

    On April 21, White House Press Secretary Kayleigh McEnany stated in an interview with Fox News on the evening of the 20th that the United States and Iran are on the "verge of reaching an agreement." McEnany remarked, "The US has never been closer to achieving a truly good deal." However, she did not disclose any information regarding the current status of the negotiations. McEnany noted that even if an agreement is not reached, President Trump has multiple options and is not afraid to utilize these measures. Previous actions have demonstrated that Trump is not just "bluffing."

  • Kelp DAO Attacker Transfers 30,800 ETH to Special Address

    On April 21, news emerged that, according to monitoring by PeckShield, the Kelp DAO attacker transferred 30,800 ETH to a special address starting with 0x00000, possibly indicating a destruction action.

  • Trump: 'Midnight Hammer' Completely Dismantled Iran's Nuclear Dust Base

    On April 21, U.S. President Trump stated that the 'Midnight Hammer' operation has completely destroyed the 'nuclear dust' base within Iran. As a result, the cleanup will be a long and arduous process. The fake news media, including CNN and other corrupt media networks and platforms, have failed to give our great pilots the credit they deserve, instead always attempting to belittle and undermine them. They are losers!!! (Dongxin News Agency)

  • BTC Drops Below $76,000

    Market data shows that BTC has dropped below $76,000, currently priced at $75,999.63, with a 24-hour increase of 1.68%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Japan Officially Allows Export of Lethal Weapons Through Cabinet Resolution

    On April 21, according to Kyodo News, the Japanese government officially revised the 'Three Principles on Transfer of Defense Equipment' and its operational guidelines during a cabinet meeting, which will, in principle, allow the export of lethal weapons. (Xinhua News Agency)

  • Trump Claims Iran Will Negotiate

    On April 21, during a phone interview with CNN, U.S. President Trump stated that Iran "will negotiate" and expressed confidence in potential talks set to take place in Pakistan. Trump remarked, "They will negotiate; if they don't, they will face unprecedented problems." He also expressed hope that both sides could reach a "fair agreement" and emphasized that Iran "will not have nuclear weapons." Additionally, he defended military actions against Iran by stating there was "no choice" and claimed that they would ultimately "wrap things up."

  • Amazon to Invest Additional $5 Billion in Anthropic

    On April 21, Amazon announced on Monday that it will invest an additional $5 billion in the artificial intelligence company Anthropic, bringing the total investment to as much as $20 billion. Anthropic develops the Claude chatbot and programming tools, and plans to invest over $100 billion in Amazon's cloud technology and chips over the next decade.

  • Three U.S. Carrier Strike Groups May Deploy Simultaneously in the Middle East

    On April 21, according to CCTV, the U.S. military is expected to deploy three carrier strike groups simultaneously in the Middle East in the coming days. Currently, the USS Lincoln strike group is stationed in the Gulf of Oman, near the Strait of Hormuz, participating in maritime blockade operations; the USS Ford strike group is located in the northern Red Sea; and the USS Bush strike group, which is taking a route around Africa, is heading north from the southeast of Africa and is expected to enter the Arabian Sea—this carrier may replace the USS Ford in its mission. In the short term, the U.S. military may have three aircraft carriers in the Middle East.

  • BTC Surpasses $76,000

    Market data shows that BTC has surpassed $76,000, currently priced at $76,039.83, with a 24-hour increase of 1.67%. The market is highly volatile, so please ensure proper risk management.