The aim of this protocol is to connect blockchains together to facilitate the implementation of cross-chain applications using a low-level communication method known as primitive communication.
In the world of blockchains, the concept of Layer 1 is familiar, while the concept of Layer 2 is becoming increasingly well known. LayerZero, as "Layer 0", acts as an essential foundation. This base layer has the capacity to support multiple blockchains at different levels, enabling them to communicate and share information seamlessly. This new approach makes it possible to link different blockchain networks, encouraging collaboration and broadening the scope of decentralized applications (dApps).
LayerZero's main feature is to facilitate communication between different blockchain ecosystems. More specifically, this protocol enables direct transactions and data transfer between different blockchain networks. This eliminates the need for intermediaries, making transactions faster and less costly.
Firstly, the impact of this next-generation protocol improves the overall user experience, as transactions take place faster, more efficiently and at lower cost. Secondly, LayerZero also makes the blockchain ecosystem more versatile, because it is interconnected. This versatility will enable developers to design new types of decentralized applications, operating harmoniously on interconnected blockchains.