Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

What is LayerZero (ZRO)?

LayerZero basic info

Name:LayerZero
Ticker:
Introduction:

What is LayerZero (ZRO)?

LayerZero (ZRO) is an open-source, immutable messaging protocol that aims to enable the communication between different blockchains and to create omnichain and interoperable applications. Unlike traditional blockchains, LayerZero is not a blockchain itself but a protocol designed to facilitate communication between various blockchains. This allows developers to send data, execute external functions, and transfer tokens across different blockchain networks while maintaining complete control over their applications.

The vision of LayerZero is to create a more interconnected blockchain ecosystem. By enabling different blockchains to interact, LayerZero aims to eliminate one of the biggest problems that currently exist in the blockchain world. This interconnectedness opens up a world of possibilities for developers, users, and the entire blockchain community.

How LayerZero (ZRO) Works

To understand how LayerZero works, it's essential to grasp its core components and processes.

1. Messaging Protocol, Not a Blockchain

LayerZero operates through smart contracts deployed on each blockchain. These smart contracts work with Decentralized Verifier Networks (DVNs) and Executors to ensure smooth communication between blockchains. The protocol is designed to be immutable, meaning once it’s deployed, it cannot be altered. This immutability ensures long-term stability and security.

2. Message Verification and Execution

One of the standout features of LayerZero is the separation of message verification and execution into distinct phases. This separation gives developers more control over their application's security settings and execution process.

The verification of messages is handled by the Security Stack, which consists of the application's chosen DVNs. These DVNs verify the payload hash, ensuring the integrity and authenticity of the message.

Once the message is verified, it can be executed by an Executor. The Executor is an automated caller that receives and processes the verified message. For new applications, this process is completely permissionless.

3. High Message Throughput

LayerZero offers improved message throughput by allowing messages to be executed out of order while maintaining censorship resistance. This unordered message delivery system maximizes efficiency and ensures that messages are processed swiftly.

4. Improved Programmability and Contract Efficiency

LayerZero introduces several enhancements to programmability and contract efficiency:

Simplified Protocol Contract Interfaces: These interfaces make it easier for developers to route and handle messages.

Path-Specific Libraries: These allow developers to configure different message libraries for specific pathways, providing greater flexibility.

Horizontal Composability: This feature ensures that external calls can be containerized into new message packets, allowing for clear separation between message receipt and external call logic.

Optimized Base Contracts: LayerZero V2 has optimized base contracts to reduce gas costs, making it more efficient for developers and users.

5. Security and Reliability

LayerZero places a strong emphasis on security and reliability:

● Developers can customize their security stack by choosing a set of DVNs. This flexible approach allows for a tailored security configuration based on the application's needs.

● LayerZero uses immutable core contracts, ensuring that once deployed, they cannot be altered. This immutability provides a stable and predictable interface for developers.

6. Chain Compatibility and Gas Payment Options

LayerZero improves chain compatibility, enabling developers to build omnichain applications across various blockchains. The protocol’s chain-agnostic design allows for more uniform application designs, even across non-EVM chains.

LayerZero also offers improved gas payment options, allowing the Endpoint to specify an alternative gas token during deployment. This flexibility accommodates blockchains with unique gas mechanisms or fee models.

ZRO Goes Live on Bitget

By providing a secure, efficient, and flexible protocol for cross-chain messaging, LayerZero is paving the way for a more interconnected blockchain ecosystem. With its emphasis on security, programmability, and high throughput, LayerZero is set to revolutionize how developers build and interact with omnichain applications.

As an integral part of LayerZero's innovative cross-chain messaging protocol, ZRO plays a crucial role in facilitating fast and secure interactions between different blockchains. Trading ZRO on Bitget offers an opportunity to support and participate in the growth of this cutting-edge technology, which will revolutionize blockchain interoperability.

Spot Trading Link: ZRO/USDT

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice.

Show more
Current price:
All-time high:$7.53
All-time low:$2.47

ZRO supply and tokenomics

Circulating supply:110,000,000 ZRO
Total supply:1,000,000,000 ZRO
Max supply:1,000,000,000 ZRO
Market cap:$593.94M
Fully diluted market cap:$5.40B

Links

Buy LayerZero for $1Buy ZRO now

What is the development prospect and future value of ZRO?

The market value of ZRO currently stands at $593.94M, and its market ranking is #138. The value of ZRO is widely recognized by the market. When the bull market comes, the market value of ZRO will likely continue to increase.

Moreover, if ZRO can play a greater role in practical applications, such as LayerZero builders fully leveraging the potential of ZRO, partnering with more businesses, and increasing its user base, the long-term value of ZRO will be significantly enhanced.

What will the price of ZRO be in 2025?
Based on ZRO's historical price performance prediction model, the price of ZRO is projected to reach $8.92 in 2025.
What will the price of ZRO be in 2030?
In 2030, the ZRO price is expected to change by +2.00%. By the end of 2030, the ZRO price is projected to reach $17.67, with a cumulative ROI of +196.77%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of ZRO and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is ZRO worth investing or holding? How to buy ZRO from a crypto exchange?

If you want to buy ZRO, the following information may be helpful for your investment decisions:
In the last 7 days, the price of ZRO has fallen by -21.71%, leading to negative returns for most ZRO investors. The market is currently pessimistic about the price trend of ZRO.
It is important to note that the current price of ZRO has retreated by -28.30% from its all-time high. This coin is currently considered medium-risk, and its price may rebound or continue to fall.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether ZRO is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in ZRO or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of ZRO, if you want to buy or sell ZRO, you can consider Bitget for your trading needs. The best place to buy ZRO is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in LayerZero has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy LayerZero. Here's a step-by-step guide on how to buy LayerZero on Bitget.

How to get LayerZero through other methods?

Using cash to buy LayerZero is not the only way to obtain LayerZero. If you have the time to spare, you can get LayerZero for free.
Learn how to earn LayerZero for free through the Learn2Earn promotion.
Earn free LayerZero by inviting friends to join Bitget's Assist2Earn promotion.
Receive free LayerZero airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to LayerZero through Bitget Convert, Bitget Swap, or spot trading.

What is LayerZero used for and how to use LayerZero?

The use case of LayerZero may expand as the crypto market and the project itself develop. Currently, you can use ZRO to achieve the following goals:
Arbitrage by trading ZRO: Since ZRO is a frequently traded cryptocurrency, the price of ZRO is always fluctuating. Earn more ZRO by buying low and selling high on the exchange. Bitget spot market provides a variety of ZRO trading pairs to fully meet your needs.
Earn by staking ZRO: You can also generate income through financial management methods such as staking ZRO or lending ZRO. Bitget Earn offers a variety of financial products designed to help you earn more income from your ZRO.
Send or pay ZRO: If you want to give ZRO to your friends, a charity, or a fundraiser, or you want to pay someone with ZRO, you can quickly and easily send ZRO to the recipient through their payment address.
You can also go to the official website of the LayerZero project to learn more about the use cases of ZRO. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

Learn about other cryptos

New listings on Bitget

New listings

Recently added coin prices

More
A selection of recently added coins

Trending coin prices

More
Assets with the biggest change in unique page views on Bitget.com over the past 24 hours

Where can I buy LayerZero (ZRO)?

Buy crypto on the Bitget app
Sign up within minutes to purchase crypto via credit card or bank transfer.
Download Bitget APP on Google PlayDownload Bitget APP on AppStore
Trade on Bitget
Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.