On August 29, the Twitter page of the project posted an announcement about a new partnership with LayerZero.
Derek Yoo, CEO of Purestake – Moonbeam’s parent company, said that integration with LayerZero will bring multi-chain interoperability with many popular Layer-1s such as Ethereum, BNB Chain, or Polygon.
LayerZero is an infrastructure solution to help DApps build chained bridges. One of LayerZero’s built-in solutions is Stargate, which has also attracted a lot of attention recently as it continuously supports listing on Binance and FTX.
According to Etherscan, Moonbeam is the solution that has supported around 9.6 million transactions. This parachain previously integrated Polkadot’s cross-chain data transmission mechanism, XCM.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
Bitcoin Spot ETF Inflows reached $3.38B last week, a new record with 7 weeks of…
ZA Bank crypto service has been launched for retail users to help them trade Bitcoin…
Discover the best altcoins to buy ahead of December 2024. Learn why Qubetics, Arbitrum, and…
Discover how BlockDAG is moving towards a $600M goal amidst Ethereum’s price challenges and Cardano’s…
Discover the best altcoins to buy ahead of December 2024. Qubetics presale skyrockets, Celestia gains…
Explore how a Miami trucker turned $15K into $94M through Solana, and his next focus…
This website uses cookies.