Blockdaemon integrates LayerZero to bring cross-chain capabilities to self-custodial wallet
- Blockdaemon will combine the cross-chain messaging capabilities of LayerZero into its self-custodial pockets.
- The partnership additional enhances LayerZero’s safety, Ryan Zarick, CTO of LayerZero Labs stated.
Blockchain infrastructure agency Blockdaemon is partnering with LayerZero Labs, the developer behind omnichain interoperability protocol LayerZero, so as to add cross-chain capabilities to its self-custodial pockets.
Blockdaemon to additionally function a DVN on LayerZero
In keeping with an announcement, the partnership with LayerZero Labs additionally sees Blockdaemon turn into the blockchain messaging protocol’s infrastructure supplier. Blockdaemon may even function a Decentralized Verifier Community (DVN) on LayerZero.
Different entities that may run DVNs embrace Animoca Manufacturers, Google Cloud and Gitcoin.
5/ At launch, DVNs will likely be run by all kinds of entities:@MIM_Spell @animocabrands @BlockdaemonHQ @delegatedotxyz @gitcoin @GoogleCloudTech @NethermindEth @P2Pvalidator @PolyhedraZK @StableLab @switchboardxyz @tapioca_dao & @Portalcoin by SuperDuper
— LayerZero Labs (@LayerZero_Labs) December 20, 2023
DVNs supply off-chain verification of messages and its launch expands the partnership with LayerZero, which incorporates the protocol’s use of Blockdaemon’s node-as-a-service platform. The collaboration follows the current launch of LayerZero V2.
“The combination of each Blockdaemon’s Pockets with LayerZero and DVN (Blockdaemon Oracle) holds the promise of creating a safe, compliant, and hyper-scalable entry level to liquidity swimming pools whereas guaranteeing establishments retain full management over their belongings,” stated Konstantin Richter, CEO and founding father of Blockdaemon.
With this integration, Blockdaemon is concentrating on additional institutional adoption for its self-custodial pockets in addition to DeFi API. The corporate launched the pockets in April.
Commenting on the partnership, LayerZero Labs CTO and co-founder Ryan Zarick, acknowledged:
“LayerZero Labs goals to develop cross-chain infrastructure and interoperability expertise that’s constructed to final: at all times immutable, permissionless, and censorship-resistant. Blockdaemon’s integration of the LayerZero protocol into their industry-leading MPC pockets and participation as a DVN inside LayerZero demonstrates the enterprise-grade utility of the LayerZero protocol and expands the variety of DVNs that builders can select to leverage inside their Safety Stack,” the LayerZero Labs exec added.
