- Google Cloud shall be set as default verifier of each message inside LayerZero by September 19, 2023.
- LayerZero is a cross-chain communication protocol developed by $3 billion startup LayerZero Labs.
LayerZero Labs, the staff behind the cross-chain communication protocol LayerZero, has introduced integration with Google Cloud.
Per an announcement revealed Tuesday, the startup’s integration with the main cloud supplier includes the usage of Google Cloud oracles to confirm the validity of all messages despatched between blockchains throughout the LayerZero ecosystem.
Tapping into Google Cloud’s safe infrastructure
In accordance with LayerZero, functions inside the blockchain messaging protocol’s ecosystem can now faucet into Google Cloud’s safe infrastructure that gives for a purpose-built verifier. The roll out comes after greater than a 12 months of collaboration and is on the market instantly to all functions using LayerZero.
“The Google Cloud oracle is supposed to function the https of cross-chain messaging. Similar to they confirm all https certificates to attest to the validity of the web site, The Google Cloud oracle is now moreover verifying all LayerZero messages by default,” LayerZero Labs wrote.
Formally, the crypto startup could have Google Cloud configured as its default messaging verifier throughout the platform on September 19, 2023. LayerZero sees this as a big milestone that provides to the community’s reliability and safety.
LayerZero Labs raised $120 million in its sequence B funding spherical backed by a16z, Sequoia Capital, Circle Ventures and Samsung Subsequent. The spherical gave the blockchain startup a valuation of $3 billion on the time.
As CoinJournal just lately reported, the corporate is dealing with a lawsuit from FTX that seeks to get better $21 million. FTX Ventures co-led LayerZero’s prolonged Collection A spherical that raised $135 million at a valuation of $1 billion in March 2022.