/biz/ - Business & Finance

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>To achieve a secure, robust and decentralized messaging protocol, LayerZero offers omnichain dApps the optionality of a variety of oracles and relayers. To realize this goal, we are pleased to announce our integration of industry-standard oracle solution Chainlink as a major milestone in achieving the decentralization of the LayerZero protocol. LayerZero leverages Chainlink’s blockchain-agnostic oracles to provide a best-in-class security option for omnichain dApps.

https://medium.com/layerzero-official/layerzero-integrates-chainlink-oracles-expanding-decentralization-of-the-omnichain-communication-2d9963678483

From LayerZero's whitepaper
> This paper introduced the design and implementation of LayerZero, the first trustless omnichain interoperability platform that does not involve any intermediate transactions. We showed that by leveraging two independent, untrusted off-chain entities, the Oracle and Relayer, LayerZero is able to achieve valid delivery without requiring costly cross-chain state machine replication or intermediary tokens. Our protocol is designed in a way that does not preclude the use of arbitrary relayer services, which ensures that there is no collusion between the Relayer and Oracle. The LayerZero protocol enables native transactions between supported chains, while the novel LayerZero Endpoint design can be easily extended to support any chain. In addition to this, our Endpoint design is lightweight enough to run on expensive Layer 1 chains such as Ethereum without incurring prohibitive costs. We presented a case study of how to implement support for EVM-based chains in LayerZero, using a reference Relayer implementation in conjunction with Chainlink’s decentralized oracle network to enable cross-chain transactions through LayerZero.

https://layerzero.network/pdf/LayerZero_Whitepaper_Release.pdf

:o

>>51680793
Here's an improved version