LayerZero has been criticized recently. Does this project really have technology?

Let’s ignore the team’s reputation and only look at the technology. LayerZero (ZRO) is an open source, immutable messaging protocol designed to enable communication between different blockchains and create full-chain and interoperable applications. The following are the advantages and features of LayerZero:

1. Facilitate inter-blockchain communication: LayerZero is not a blockchain itself, but a protocol designed to facilitate communication between different blockchains so that they can interact.

2. Create a more interconnected blockchain ecosystem: LayerZero’s vision is to create a more interconnected blockchain ecosystem, opening up a world of possibilities for developers, users, and the entire blockchain community by eliminating the barriers between different blockchains.

3. Messaging protocol: LayerZero operates on each blockchain through smart contracts and uses a decentralized verification network (DVN) and actuators to ensure communication between blockchains. The protocol is immutable, ensuring long-term stability and security.

4. High message throughput: LayerZero allows out-of-order execution of messages, which improves message throughput while maintaining censorship resistance and improving efficiency.

5. Improved programmability and contract efficiency: LayerZero introduces features such as simplified protocol contract interface, path-specific libraries, and horizontal composability, which improve programmability and contract efficiency.

As for whether the technology works, it is hard to say now. This kind of high fdv is also an option to short it.