ShadowSwap will use LayerZero’s framework to offer users cross-chain interoperability.
Cross-chain interoperability introduced by ShadowSwap to Core Chain increases users’ capabilities on the network.
Source: Unsplash
ShadowSwap will be integrating LayerZero’s functionality to bring cross-chain bridging to Core Chain. Cross-chain bridges are software applications enabling transactions between different blockchain networks.
ShadowSwap is a decentralized exchange (DEX) which utilizes the Core blockchain to offer traders, liquidity providers, and developers a secure and open marketplace. The protocol already offers staking, farming, and launchpad services. The collaboration between ShadowSwap and LayerZero will launch Shadow Bridge, a tool allowing Core users to interact with other chains.
LayerZero, built by LayerZero Labs, is an omnichain interoperability protocol. It is a user application (UA) that runs a universal linking network (ULN) through endpoint on chain A (sender chain) to endpoint on chain B (destination chain) using the UA specified Oracle and Relayer.
ShadowSwap is built on Core Chain, a blockchain leveraging the Bitcoin mining hashrate and the Ethereum Virtual Machine. Built by Core DAO — a decentralized autonomous organization developing the Satoshi Plus ecosystem — Core Chain utilizes a protocol-driven validator election mechanism to combine the optimal features of Proof of Work (PoW) and Delegated Proof of Stake (DPos) consensus mechanisms. According to the Core White Paper, the Satoshi Plus consensus mechanism ensures maximum security, scalability, and decentralization.
Beyond ShadowSwap, Core DAO’s own partnership with LayerZero will also allow developers to connect their decentralized applications (dApps) with other blockchains. The collaboration aims to achieve seamless connection between blockchains, as well as maximized decentralization, security, and scalability.
