The proliferation of blockchains has given developers a variety of platforms on which to run their smart contracts based on application features and requirements for throughput, security, and cost. However, a consequence of this freedom is severe fragmentation; Each chain is isolated, forcing users to silo their liquidity and limiting options to move liquidity and state between walled ecosystems. This paper presents LayerZero, the first trustless omnichain interoperability protocol, which provides a powerful, low level communication primitive upon which a diverse set of cross-chain applications can be built. Using this new primitive, developers can implement seamless inter-chain applications like a cross-chain DEX or multi-chain yield aggregator without having to rely on a trusted custodian or intermediate transactions. Simply put, LayerZero is the first system to trustlessly enable direct transactions across all chains. Allowing transactions to flow freely between chains provides opportunities for users to consolidate fragmented pockets of liquidity while also making full use of applications on separate chains. With LayerZero, we provide the network fabric underlying the fully-connected omnichain ecosystem of the future.
翻译:块块链的激增为开发者提供了各种平台,使其能够根据应用特点和对吞吐量、安全和成本的要求执行智能合同。然而,这种自由的后果是严重分裂; 每个链条是孤立的,迫使用户各自为政,被迫各自为政,在墙上生态系统之间转移流动性和状态。本文介绍了第一个无信托的全链互操作性协议TeleZero,它提供了强大、低层次的原始通信,可以据此建立一套不同的跨链应用程序。利用这个新的原始程序,开发者可以实施无缝的链条应用程序,如跨链条DEX或多链项收益聚合器,而不必依赖信任的保管人或中间交易。简而言之,ThileZero是第一个无信托地促成所有链直接交易的系统。允许链条之间自由流通,为用户提供了机会,以整合零碎的流动性区,同时充分利用不同链条的应用。有了ThileZero,我们提供了未来完全相连的链系生态系统的网络结构。