{"id":34967,"date":"2023-12-27T14:17:37","date_gmt":"2023-12-27T14:17:37","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/12\/27\/iotas-shimmerevm-integrates-layerzero-for-cross-chain-communication\/"},"modified":"2023-12-27T14:17:37","modified_gmt":"2023-12-27T14:17:37","slug":"iotas-shimmerevm-integrates-layerzero-for-cross-chain-communication","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/12\/27\/iotas-shimmerevm-integrates-layerzero-for-cross-chain-communication\/","title":{"rendered":"IOTA\u2019s ShimmerEVM integrates LayerZero for cross-chain communication"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1703685345758-bcf8461d-611a-4155-ba99-2bfcb676d9ee-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1703685345758-bcf8461d-611a-4155-ba99-2bfcb676d9ee-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1703685345758-bcf8461d-611a-4155-ba99-2bfcb676d9ee-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1703685345758-bcf8461d-611a-4155-ba99-2bfcb676d9ee-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2023\/12\/1703685345758-bcf8461d-611a-4155-ba99-2bfcb676d9ee.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">ShimmerEVM\u2019s integration with LayerZero is anticipated to reinforce cross-chain communication and DeFi on IOTA\u2019s ShimmerEVM.<\/li>\n<li dir=\"ltr\">Connectivity consists of with Ethereum, Polygon, Avalanche, Binance Smart Chain and Optimism amongst different chains.<\/li>\n<\/ul>\n<p dir=\"ltr\">IOTA\u2019s ShimmerEVM has built-in with LayerZero to deliver cross-chain messaging know-how to customers, in line with an <a href=\"https:\/\/blog.shimmer.network\/layerzero-integrates-with-shimmerevm\/\" rel=\"noopener noreferrer\" target=\"_blank\">announcement<\/a> revealed on December 27.<\/p>\n<p dir=\"ltr\">The integration extends ShimmerEVM\u2019s connectivity to main blockchains, enabling additional interoperability through a unified cross-chain ecosystem, Shimmer<a href=\"https:\/\/twitter.com\/shimmernet\/status\/1739980832696087023\">\u00a0<u>posted<\/u><\/a> on X. Per particulars in its weblog put up, this transfer means customers will now be capable of work together and transact throughout a number of networks whereas throughout the Shimmer ecosystem.<\/p>\n<h2 dir=\"ltr\">ShimmerEVM\u2019s cross-chain connectivity<\/h2>\n<p dir=\"ltr\">Shimmer Shimmer is a blockchain platform throughout the <a href=\"https:\/\/coinjournal.net\/news\/tag\/iota\/\">IOTA ecosystem<\/a> from the place builders can construct and deploy decentralised functions (dApps), with entry to options at the moment unavailable on IOTA\u2019s mainnet. ShimmerEVM is the Ethereum Virtual Machine-compatible layer of the platform.<\/p>\n<p dir=\"ltr\">Meanwhile, LayerZero is an omnichain interoperability protocol whose cross-chain messaging know-how permits for communication throughout a number of blockchains.<\/p>\n<p dir=\"ltr\">ShimmerEVM\u2019s leveraging of LayerZero\u2019s messaging infrastructure extends this cross-chain communication functionality to the broader Shimmer ecosystem.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Big information for cross-chain communication &amp; <a href=\"https:\/\/twitter.com\/hashtag\/DeFi?src=hash&amp;ref_src=twsrc%5Etfw\">#DeFi<\/a> developments for our ecosystem\ud83d\udd25! <a href=\"https:\/\/twitter.com\/LayerZero_Labs?ref_src=twsrc%5Etfw\">@LayerZero_Labs<\/a> is integrating with <a href=\"https:\/\/twitter.com\/hashtag\/ShimmerEVM?src=hash&amp;ref_src=twsrc%5Etfw\">#ShimmerEVM<\/a>. The integration extends our connectivity to main blockchains, steering us nearer to a unified cross-chain ecosystem.  <br \/>\ud83d\udd17<a href=\"https:\/\/t.co\/b2gQabmvFy\">https:\/\/t.co\/b2gQabmvFy<\/a> <a href=\"https:\/\/t.co\/UgI3vJVHx6\">pic.twitter.com\/UgI3vJVHx6<\/a><\/p>\n<p>\u2014 Shimmer (@shimmernet) <a href=\"https:\/\/twitter.com\/shimmernet\/status\/1739980832696087023?ref_src=twsrc%5Etfw\">December 27, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">Following this collaboration, Shimmer is about to see an preliminary connection to different blockchain networks. These will embody Ethereum, Polygon, Binance Smart Chain, Optimism, Avalanche, Arbitrum, Fantom and Base, the platform famous.<\/p>\n<p dir=\"ltr\">Interoperability with these networks means the trade of property and knowledge is about to be simpler, heralding a brand new period for DeFi throughout the ShimmerEVM ecosystem.<\/p>\n<p dir=\"ltr\">LayerZero\u2019s integration with ShimmerEVM comes just a few days after its <a href=\"https:\/\/coinjournal.net\/news\/blockdaemon-integrates-layerzero-to-bring-cross-chain-capabilities-to-self-custodial-wallet\/\">collaboration with Blockdaemon<\/a>. It additionally follows current revelations of a <a href=\"https:\/\/coinjournal.net\/news\/layerzero-confirms-2024-token-launch-planning-an-airdrop\/\">potential LayerZero token launch<\/a> in 2024.\u00a0<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/iotas-shimmerevm-integrates-layerzero-for-cross-chain-communication\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] ShimmerEVM\u2019s integration with LayerZero is anticipated to reinforce cross-chain communication and DeFi on IOTA\u2019s ShimmerEVM. Connectivity consists of with Ethereum, Polygon, Avalanche, Binance Smart Chain and Optimism amongst different chains. IOTA\u2019s ShimmerEVM has built-in with LayerZero to deliver cross-chain messaging know-how to customers, in line with an announcement revealed on December 27. The integration 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