LayerZero (ZRO) is an open-source messaging protocol designed to enable communication between different blockchains, allowing the creation of omnichain and interoperable applications. Unlike traditional blockchains, LayerZero is not a blockchain itself, but a protocol that facilitates communication between various blockchains. This enables developers to send data, execute external functions, and transfer tokens across different blockchain networks while maintaining complete control over their applications. The vision of LayerZero is to create a more interconnected blockchain ecosystem, aiming to eliminate one of the biggest problems that currently exist in the blockchain world by enabling different blockchains to interact. This interconnectedness opens up possibilities for developers, users, and the entire blockchain community.
LayerZero is a messaging protocol, not a blockchain, which uses smart contracts, Decentralized Verifier Networks, and Executors for communication between blockchains. It provides message verification and execution, high message throughput, improved programmability and contract efficiency, as well as security and reliability. Additionally, it offers chain compatibility and improved gas payment options to enable developers to build omnichain applications.
ZRO has a total supply of 1,000,000,000. The current circulating supply of ZRO is 250,000,000.
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