Cronos Labs and LayerZero announced the integration of LayerZero’s cross-blockchain interoperability  protocol into Cronos EVM and Cronos zkEVM. This includes both mainnet and  testnet networks so that developers can create bridges and applications that link Cronos to over 115 blockchains  supported by LayerZero, including Ethereum and Solana. It is a protocol that enables the transfer  of assets and data across different blockchain networks, and this integration means that Cronos users can get the  best from many blockchains in terms of liquidity and functionality for different dApps. Cronos  EVM, built on the Cosmos SDK, enables the transfer of assets between the Cosmos ecosystem and many  EVM compatible blockchains. The integration is achieved through the Inter-Blockchain Communication (IBC)  protocol, which is the cross-chain communication standard in the Cosmos ecosystem. This means that assets can be sent  from Cronos to other blockchains and vice versa without the need for intermediaries. On the  other hand, Cronos zkEVM is a layer 2 solution that focuses on improving throughput and  reducing transaction time. As the first Elastic Chain to go live on the mainnet after ZKSync  Era, Cronos zkEVM improves the cross-chain transfer times because it shares Ethereum bridges with several  Elastic chains. It also works with many layer 1 and layer 2 networks. The CEO  of Cronos Labs, Ken Timsit, commented on the need for cross-chain connectivity. He  pointed out that the problem of fragmentation in the crypto industry is a major issue that poses a threat to  security and liquidity. According to Timsit, the integration with LayerZero is a strategic move to  solve these problems, as more connection between crypto projects and traditional financial systems is expected in  2025. Bryan Pellegrino, the CEO of LayerZero Labs, on the inclusion of  Cronos zkEVM into the LayerZero network. He said that interoperability is the process of  connecting different types of chains, and Cronos zkEVM is another good contribution in this regard.  Pellegrino highlighted the potential of the opportunities that this collaboration will bring. Currently, the  cross-blockchain features provided by LayerZero are available to developers only. End users will find these features  implemented as third-party links on Cronos’s official bridge portals. These portals can be accessed at  cronos.org/bridge for Cronos EVM and zkevm.cronos.org/bridge for  Cronos zkEVM. In the coming weeks, users will be able to send CRO and  zkCRO tokens via new token bridging services. Cronos Labs is ready to help  developers to use these tools. Apart from token bridging, the focus is also on supporting decentralized applications  that can benefit from LayerZero’s technology. Possible use cases are cross chain prediction markets, tokenization  of real world assets, synthetic asset trading platforms, cross chain lending protocols and liquid staking protocols. The partnership between Cronos and LayerZero is a step towards the further evolution of interconnectedness in  the blockchain world. Therefore, the integration of Cronos with a multitude of blockchains is meant to  improve the functionality and availability of dApps and provide users with more choices and possibilities when it comes to  the management of their digital assets. Final Thoughts The integration of LayerZero with Cronos  EVM and zkEVM is a major enhancement in the cross-chain interoperability. This partnership solves some  of the biggest issues in the crypto industry, such as fragmentation and liquidity, by enabling connection with more  than 115 blockchain networks. When these new bridging options are started to be used by the  developers, the ecosystem is likely to experience new and exciting apps that can run on many different blockchains at  once. This move not only improves the value of the Cronos network but also fosters the growth  of the larger goal of a more integrated and effective blockchain world. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR Cronos Labs and LayerZero announced the integration of LayerZero ’s cross-blockchain interoperability  protocol into Cronos EVM and Cronos zkEVM. This includes both mainnet and  testnet networks so that developers can create bridges and applications that link Cronos to over 115 blockchains  supported by LayerZero, including Ethereum and Solana. Cronos Labs LayerZero It is a protocol that enables the transfer  of assets and data across different blockchain networks, and this integration means that Cronos users can get the  best from many blockchains in terms of liquidity and functionality for different dApps. Cronos  EVM, built on the Cosmos SDK, enables the transfer of assets between the Cosmos ecosystem and many  EVM compatible blockchains. The integration is achieved through the Inter-Blockchain Communication (IBC)  protocol, which is the cross-chain communication standard in the Cosmos ecosystem. This means that assets can be sent  from Cronos to other blockchains and vice versa without the need for intermediaries. On the  other hand, Cronos zkEVM is a layer 2 solution that focuses on improving throughput and  reducing transaction time. As the first Elastic Chain to go live on the mainnet after ZKSync  Era, Cronos zkEVM improves the cross-chain transfer times because it shares Ethereum bridges with several  Elastic chains. It also works with many layer 1 and layer 2 networks. The CEO  of Cronos Labs, Ken Timsit, commented on the need for cross-chain connectivity. He  pointed out that the problem of fragmentation in the crypto industry is a major issue that poses a threat to  security and liquidity. According to Timsit, the integration with LayerZero is a strategic move to  solve these problems, as more connection between crypto projects and traditional financial systems is expected in  2025. Bryan Pellegrino, the CEO of LayerZero Labs, on the inclusion of  Cronos zkEVM into the LayerZero network. He said that interoperability is the process of  connecting different types of chains, and Cronos zkEVM is another good contribution in this regard.  Pellegrino highlighted the potential of the opportunities that this collaboration will bring. Currently, the  cross-blockchain features provided by LayerZero are available to developers only. End users will find these features  implemented as third-party links on Cronos’s official bridge portals. These portals can be accessed at cronos.org/bridge for Cronos EVM and zkevm.cronos.org/bridge for  Cronos zkEVM. In the coming weeks, users will be able to send CRO and  zkCRO tokens via new token bridging services. cronos.org/bridge zkevm.cronos.org/bridge Cronos Labs is ready to help  developers to use these tools. Apart from token bridging, the focus is also on supporting decentralized applications  that can benefit from LayerZero’s technology. Possible use cases are cross chain prediction markets, tokenization  of real world assets, synthetic asset trading platforms, cross chain lending protocols and liquid staking protocols. The partnership between Cronos and LayerZero is a step towards the further evolution of interconnectedness in  the blockchain world. Therefore, the integration of Cronos with a multitude of blockchains is meant to  improve the functionality and availability of dApps and provide users with more choices and possibilities when it comes to  the management of their digital assets. Final Thoughts The integration of LayerZero with Cronos  EVM and zkEVM is a major enhancement in the cross-chain interoperability. This partnership solves some  of the biggest issues in the crypto industry, such as fragmentation and liquidity, by enabling connection with more  than 115 blockchain networks. When these new bridging options are started to be used by the  developers, the ecosystem is likely to experience new and exciting apps that can run on many different blockchains at  once. This move not only improves the value of the Cronos network but also fosters the growth  of the larger goal of a more integrated and effective blockchain world. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program . HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR Vested Interest Disclosure: business blogging program business blogging program

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