🚀 LayerZero V2 Launches on Mainnet! 🚀
After rigorous testing and over a year of incubation, LayerZero V2 has officially hit the mainnet scene. The deployment on January 29, 2024, marked a significant milestone for Layer Zero Labs, introducing improvements in security, throughput, flexibility, and cross-chain interaction capabilities.
🌐 Key Features of V2:
Universal Messaging: Empowering the transmission of diverse on-chain messages across 20+ blockchains, including data, external function calls, and token transfers.
Modular Security: Developers can select from over 20 Decentralized Verifier Networks (DVN) for a tailored Security Stack, crucial for verifying cross-chain messages and enhancing dApp security.
Permissionless Execution: Anyone can operate the Executor, with the added Unified Semantics feature supporting consistent operation of applications and tokens across integrated blockchains.
LayerZero ensures a seamless transition for existing applications from V1 to V2, maintaining its commitment to decentralization, security, and efficiency.
💰 Project Valuation and Testing:
LayerZero has successfully raised $120 million, establishing a $3 billion valuation. The V2 underwent extensive testing on 42 networks, with plans for token launches and airdrops in early Q1 2024.
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