In this episode of the Fundamentals podcast, we’re joined by Bryan Pellegrino, the Co-Founder and CEO of LayerZero Labs - the team behind the LayerZero - an interoperability protocol that connects blockchains (50+ and counting).
In this episode with Bryan, we discuss what LayerZero's core value proposition is, and why interoperability is important for the blockchain industry. We speak about the tech stack, current traction, assess market potential, and speak about value accrual.
Finally, we wrap up with current challenges and growth drivers, and what the most exciting upcoming developments for LayerZero are.
LayerZero scan: layerzeroscan....
LayerZero: layerzero.netw...
X (Twitter): / layerzero_labs
Bryan on X (Twitter): / primordialaa
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Timestamps:
00:00 Introduction
00:18 Pudgy Penguins
02:30 What is an omnichain interoperability protocol?
04:50 Why is interoperability so important for web3?
08:55 Technically, what is LayerZero?
15:08 What makes achieving seamless interoperability hard?
22:15 How can developers integrate with LayerZero?
23:16 How are projects using LayerZero today?
26:40 Which ecosystems are seeing the most inter-chain activity?
28:03 The team at LayerZero Labs
29:43 LayerZero's economic model
31:28 Value accrual
32:31 What are the best metrics to measure and value an interoperability protocol?
34:25 What is the the TAM for LayerZero?
36:34 Is interoperability a winner-takes-all market?
41:14 The LayerZero token: Current status
43:28 Current growth drivers and challenges
47:15 What's next for LayerZero?
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