LayerZero is an interoperability protocol that enables communication between blockchains, transferring data, assets, and information without compromising security.
With LayerZero's omnichain messaging feature, developers can send arbitrary data, external function calls, and tokens while maintaining complete autonomy and control of their applications. Additionally, LayerZero provides developers with a choice of validators known as Oracles.
The Oracle's job is to ensure cross-chain functionality for dApps using smart contracts called LayerZero endpoints to connect different blockchains. Oracles work with Relayers to validate and confirm transactions.
Two of the main requirements (per chain) for running Oracle:
- Deploy and maintain balances in your contract.
- Implement and operate a system that sends data from chain A to chain B.
Choose Blockdaemon for best-in-class security and total piece of mind.
Blockdaemon contributes to verifying and securing the messages sent through the LayerZero protocol. The Oracles verify the authenticity of data across blockchains. Blockdaemon, as a verifier, ensures the accuracy and security of information exchanged between chains.
Blockdaemon is ISO27001 certified, and our data center is SOC 2 compliant. We support the leading global institutions with bank-grade security.
Since 2017, we have managed nodes and oracles on over 50 protocols and maintained a strong R&D team specializing in blockchain interoperability (see our latest publication).
Blockdaemon manages over 150,000 nodes for the largest institutions, ensuring stable and consistent network performance with continuous 24/7 support.
Updated 7 days ago