{"id":25283,"date":"2023-12-27T15:59:27","date_gmt":"2023-12-27T15:59:27","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/iotas-shimmerevm-integrates-layerzero-for-cross-chain-communication\/"},"modified":"2023-12-27T15:59:27","modified_gmt":"2023-12-27T15:59:27","slug":"iotas-shimmerevm-integrates-layerzero-for-cross-chain-communication","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/iotas-shimmerevm-integrates-layerzero-for-cross-chain-communication\/","title":{"rendered":"IOTA\u2019s ShimmerEVM integrates LayerZero for cross-chain communication"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><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\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">ShimmerEVM\u2019s integration with LayerZero is expected to enhance cross-chain communication and DeFi on IOTA\u2019s ShimmerEVM.<\/li>\n<li dir=\"ltr\">Connectivity includes with Ethereum, Polygon, Avalanche, Binance Smart Chain and Optimism among other chains.<\/li>\n<\/ul>\n<p dir=\"ltr\">IOTA\u2019s ShimmerEVM has integrated with LayerZero to bring cross-chain messaging technology to users, according to an <a href=\"https:\/\/blog.shimmer.network\/layerzero-integrates-with-shimmerevm\/\" rel=\"noopener noreferrer\" target=\"_blank\">announcement<\/a> published on December 27.<\/p>\n<p dir=\"ltr\">The integration extends ShimmerEVM\u2019s connectivity to major blockchains, enabling further interoperability via a unified cross-chain ecosystem, Shimmer<a href=\"https:\/\/twitter.com\/shimmernet\/status\/1739980832696087023\">\u00a0<u>posted<\/u><\/a> on X. Per details in its blog post, this move means users will now be able to interact and transact across several networks while within the Shimmer ecosystem.<\/p>\n<h2 dir=\"ltr\">ShimmerEVM\u2019s cross-chain connectivity<\/h2>\n<p dir=\"ltr\">Shimmer Shimmer is a blockchain platform within the <a href=\"https:\/\/coinjournal.net\/news\/tag\/iota\/\">IOTA ecosystem<\/a> from where developers can build and deploy decentralised applications (dApps), with access to features currently 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 technology allows for communication across multiple blockchains.<\/p>\n<p dir=\"ltr\">ShimmerEVM\u2019s leveraging of LayerZero\u2019s messaging infrastructure extends this cross-chain communication capability 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 news for cross-chain communication &amp; <a href=\"https:\/\/twitter.com\/hashtag\/DeFi?src=hash&amp;ref_src=twsrc%5Etfw\">#DeFi<\/a> advancements 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 major blockchains, steering us closer 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 set to see an initial connection to other blockchain networks. These will include Ethereum, Polygon, Binance Smart Chain, Optimism, Avalanche, Arbitrum, Fantom and Base, the platform noted.<\/p>\n<p dir=\"ltr\">Interoperability with these networks means the exchange of assets and information is set to be easier, heralding a new era for DeFi within the ShimmerEVM ecosystem.<\/p>\n<p dir=\"ltr\">LayerZero\u2019s integration with ShimmerEVM comes 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 also follows recent 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 article<\/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 \/><a href=\"https:\/\/coinjournal.net\/news\/iotas-shimmerevm-integrates-layerzero-for-cross-chain-communication\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) ShimmerEVM\u2019s integration with LayerZero is expected to enhance cross-chain communication and DeFi on IOTA\u2019s ShimmerEVM. Connectivity includes with Ethereum, Polygon, Avalanche, Binance Smart Chain and Optimism among other chains. IOTA\u2019s ShimmerEVM has integrated with LayerZero to bring cross-chain messaging technology to users, according [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":25284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25283"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=25283"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25283\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/25284"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=25283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=25283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=25283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}