{"id":159378,"date":"2023-12-27T14:40:53","date_gmt":"2023-12-27T14:40:53","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=159378"},"modified":"2023-12-27T14:40:58","modified_gmt":"2023-12-27T14:40:58","slug":"layerzero-integrates-with-shimmerevm-to-boost-cross-chain-capabilities","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/layerzero-integrates-with-shimmerevm-to-boost-cross-chain-capabilities\/","title":{"rendered":"LayerZero Integrates with ShimmerEVM to Boost Cross-Chain Capabilities"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">In a momentous step towards seamless interconnection between different <\/span><\/span><a href=\"https:\/\/crypto-economy.com\/blockchain-technology\/\" target=\"_blank\" rel=\"noopener\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">blockchains<\/span><\/span><\/a><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">the <\/span><\/span><a href=\"https:\/\/blog.shimmer.network\/layerzero-integrates-with-shimmerevm\/\" target=\"_blank\" rel=\"noopener\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">integration<\/span><\/span><\/a><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> of LayerZero with the ShimmerEVM network<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> marks a crucial milestone in the world of crypto technology.<\/span><\/span><\/p>\n<p><!--more--><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This strategic collaboration seeks to address one of the most critical challenges in the crypto universe: <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Interoperability.<\/span><\/span><\/strong><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Big news for cross-chain communication &amp; <a href=\"https:\/\/twitter.com\/hashtag\/DeFi?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#DeFi<\/a> advancements for our ecosystem\ud83d\udd25! <a href=\"https:\/\/twitter.com\/LayerZero_Labs?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@LayerZero_Labs<\/a> is integrating with <a href=\"https:\/\/twitter.com\/hashtag\/ShimmerEVM?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#ShimmerEVM<\/a>. The integration extends our connectivity to major blockchains, steering us closer to a unified cross-chain ecosystem.  <br \/>\ud83d\udd17<a href=\"https:\/\/t.co\/b2gQabmvFy\" target=\"_blank\">https:\/\/t.co\/b2gQabmvFy<\/a> <a href=\"https:\/\/t.co\/UgI3vJVHx6\" target=\"_blank\">pic.twitter.com\/UgI3vJVHx6<\/a><\/p>\n<p>&mdash; Shimmer (@shimmernet) <a href=\"https:\/\/twitter.com\/shimmernet\/status\/1739980832696087023?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">December 27, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">LayerZero, renowned for its messaging protocol that <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">enables efficient communication between multiple blockchain networks, <\/span><\/span><\/strong> <strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">is now intertwined with ShimmerEVM<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> to strengthen and enrich its ecosystem.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This union facilitates <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">secure and transparent communication between various blockchains<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, establishing the foundation for a robust and reliable cross-chain messaging system.<\/span><\/span><\/p>\n<h2><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Shimmer&#8217;s vision of promoting seamless communication between blockchains comes to life<\/span><\/span><\/h2>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">In an environment where the different chains interact fluidly, <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">users and developers can fully exploit the particularities of each network<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, optimizing the user experience and promoting the creation of cutting-edge decentralized applications (dApps) and decentralized finance (DeFi) tools.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">ShimmerEVM&#8217;s initial connectivity to other networks through LayerZero <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">includes industry majors such as Ethereum, Binance Smart Chain, Polygon, Avalanche, Fantom, Base, Arbitrum, and Optimism.<\/span><\/span><\/strong><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-159381\" src=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/12\/Layer.jpg\" alt=\"LayerZero Integrates with Shimmer EVM to Boost Cross-Chain Capabilities\" width=\"825\" height=\"300\" srcset=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/12\/Layer.jpg 825w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/12\/Layer-300x109.jpg 300w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/12\/Layer-768x279.jpg 768w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This opening of horizons for ShimmerEVM <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">allows for an efficient exchange of assets and information with leading networks in the <\/span><\/span><a href=\"https:\/\/crypto-economy.com\/defi-decentralized-finances\/\" target=\"_blank\" rel=\"noopener\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">DeFi<\/span><\/span><\/a><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> field,<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> which significantly strengthens its ecosystem.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">To further facilitate access to this interconnected ecosystem, <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">the Shimmer Bridge, owned by Tangle DAO LLC, is now operational<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> and can be accessed through <\/span><\/span><a href=\"https:\/\/shimmerbridge.org\/\" target=\"_new\" rel=\"noopener\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">shimmerbridge.org<\/span><\/span><\/a><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This user-friendly platform <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">provides a simple and direct way to join the world of Shimmer<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> with just a few clicks.<\/span><\/span><\/p>\n<p style=\"text-align: justify\">The merger of LayerZero with ShimmerEVM not only emphasizes Shimmer&#8217;s dedication to delivering development-focused functionality, <strong>but also solidifies its focus on interoperability between blockchains.<\/strong><\/p>\n<p style=\"text-align: justify\">This integration<strong> represents a significant step forward towards building a unified Web3 ecosystem<\/strong>, paving the way for new possibilities in the Shimmer community and the vast blockchain space.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a momentous step towards seamless interconnection between different blockchains, the integration of LayerZero with the ShimmerEVM network marks a crucial milestone in the world of crypto technology.<\/p>\n","protected":false},"author":33,"featured_media":159382,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,74],"tags":[9805,5001],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/159378"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=159378"}],"version-history":[{"count":2,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/159378\/revisions"}],"predecessor-version":[{"id":159383,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/159378\/revisions\/159383"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/159382"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=159378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=159378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=159378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}