CORE
by BSCN
January 24, 2023
The integration will allow Core DAO developers to connect easily with other blockchains and expand their use cases in the DeFi space.
Core DAO has announced its integration with LayerZero to bring blockchain interoperability to the network.
LayerZero is an Omnichain interoperability protocol built by LayerZero Labs. The collaboration would allow Core DAO to interact with other blockchains. Further, the move will allow the Core chain to bridge other digital assets into its network. Core DAO announced the integration on January 24th via Twitter. The protocol also published details about the development on Medium.
โLayerZero provides the framework for scalable, secure, and decentralized cross-chain interoperability. By connecting various chains to one platform and interface, multi-chain applications may be able to conveniently communicate, transfer digital assets, and reach consensus,โ Core DAO wrote.
With the integration, developers will easily bridge other chains into their products and enhance user experience. Additionally, protocols will be able to integrate LayerZeroโs cross-chain messaging to connect their Core chain smart contracts to different networks.
Core DAOโs collaboration with LayerZero is a strategic move by the Satoshi Plus consensus, promoting cross-chain interaction and communication. The integration is also an early opportunity for Core to spread its use cases across the Decentralized Finance (DeFi) space.
Read the Core DAO medium publication to learn more about the integration.
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the history of the crypto ecosystem paired with an even greater excitement for Coreโs role in its future.
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