LayerZero and Delegate launch Clusters, a multichain naming protocol
[ad_1]
LayerZero announced its LayerZero V2 upgrade three days ago with enhanced cross-chain interoperability with Universal Messaging and Modular Security.
Clusters introduces a multichain naming protocol for seamless blockchain address management.
Delegate’s expertise in address management ensures security and reliability in the Clusters ecosystem.
LayerZero Labs, in collaboration with Delegate, has announced the launch of Clusters, a groundbreaking multichain naming protocol designed to streamline user interaction across various blockchain networks.
With this innovative solution, users can maintain a consistent identity and manage their blockchain addresses seamlessly, transcending the limitations of individual chains such as Ethereum, Polygon, Avalanche, and Solana among other EVM chains.
Your universal name.For the multichain maxis.
Feb 1, 10am ET pic.twitter.com/nCOiAqrjnU
— Clusters (@clustersxyz) January 31, 2024
The Clusters Protocol
Clusters is set to revolutionize the landscape of blockchain naming protocols. Unlike traditional solutions like the Ethereum Name Service (ENS), Clusters offers a cross-chain, multi-wallet naming protocol, catering to the needs of multichain enthusiasts.
LayerZero’s technology serves as the backbone of Clusters, facilitating seamless message flow between different blockchains. It is important to note that Cluster will benefit from the recent LayerZero V2 upgrade which brings on board advancements in cross-chain interoperability and application development with the key feature being Universal Messaging, enabling the seamless transmission of diverse message types across over 20 blockchain networks.
LayerZero’s integration allows Clusters to maintain accuracy across millions of names and billions of wallet addresses, ensuring a smooth and reliable user experience. Moreover, LayerZero’s Permissionless Execution feature empowers individuals to participate in the operation of the protocol, promoting decentralization and community involvement.
On the other hand, with its experience in managing blockchain addresses through Delegate Cash, Delegate brings a wealth of expertise to the development of Clusters. Delegate’s technology has already secured nearly $1 billion worth of assets across thousands of wallets, providing users with confidence in the security and reliability of the Clusters ecosystem. Major NFT projects, including Yuga Labs and Azuki, have already integrated with Delegate’s technology, underscoring the platform’s relevance and adoption within the blockchain community.
By providing a universal naming protocol that spans multiple chains, including Ethereum, Avalanche, Plygon, Solana, and other EVM-based networks, Clusters addresses critical issues such as address fragmentation, wallet management complexity, and domain squatting. This innovative solution enables users to maintain a consistent identity and interact seamlessly with decentralized applications and protocols across diverse blockchain ecosystems.
[ad_2]
Source link