There is no doubt that the popularity of LayerZero will continue to grow. From the moment crypto appeared, it was clear that blockchain would be the most promising technology. Now, this is a reality and we are constantly facing new challenges and problems. Blockchain is not easy: it is the inevitable cost of a secure and functional system.
But how can LayerZero protocol help and why LayerZero Labs has made a breakthrough? Today we will talk about that and also discuss a possible LayerZero airdrop.
What is Layer 0 protocol (Layer Zero)?
So, LayerZero is a special application that allows you to send and receive transfers between blockchains using the ULN model. It uses an oracle and a relayer for processing. In other words, LayerZero is an interoperability protocol (omnichain). Now LayerZero enables the realization of cross-chain applications with a low-level communication primitive.
How does LayerZero protocol work?
LayerZero allows you to achieve cross-chain operational compatibility and functionality. LayerZero uses the Chainlink oracle, which has one of the clearest and most robust security policies. So, if someone decides to perform some questionable operations with LayerZero, they will encounter protections that cannot be easily bypassed. Moreover, LayerZero provides uniform liquidity across all chains with guaranteed finality at the source chain.
Who is the team behind LayerZero?
LayerZero Labs is a startup based in Vancouver. The LayerZero Labs was founded in 2021 by friends who worked together in computer network research labs.
Sequoia Capital and Andreessen Horowitz led a $135 million Series A+ investment in LayerZero Labs, with additional investors including Coinbase Ventures and Uniswap Labs. The LayerZero Labs previously raised $6 million in Series A funding from Binance Labs, and Sino Global Capital, among others.
But what about LayerZero’s potential airdrop and free crypto tokens? LayerZero does not currently have a crypto token, and there is no official airdrop date yet. But it is widely expected that $ZRO will be launched soon. We know for sure that the $ZRO crypto token exists because you can see it in LayerZero’s info code.How you can get a $ZRO crypto token from LayerZero? If you want to have a chance to win a retrodrop from LayerZero, just complete some tasks on AlphaQuest.