inEVM Spotlight Article: Layer Zero

inEVM Spotlight Article: Layer Zero
inEVM Spotlight Article: Layer Zero

In the realm of Web3 finance, scalability and efficiency are paramount. Central to this evolution is the emergence of multi-VM (Virtual Machine) environments, enabling blockchain platforms to support a diverse array of smart contract languages and execution environments. 

inEVM is essential to this paradigm shift, and is the latest milestone from Injective. inEVM signifies substantial progress in interoperability among leading blockchain networks and emphasizes Injective’s commitment to fostering an integrated Web3 network.Injective’s inEVM enables Ethereum developers to build applications that can uniquely leverage Injective’s blazing fast speeds and near zero fees while simultaneously achieving composability across the WASM and EVM world. In turn, this allows Injective to be the only L1 blockchain capable of unifying the interoperability of Cosmos with the speed of Solana and the developer access of Ethereum.

A number of key infrastructure platforms were critical in building inEVM. Among these, LayerZero was a crucial component to allow for cross chain messaging and to also allow for the creation of omnichain apps (OApps). 

This spotlight series delves deeper into what LayerZero is and how it was utilized in the creation of inEVM.

What is LayerZero?

LayerZero is an open-source, immutable messaging protocol designed to facilitate the creation of omnichain, interoperable applications. With LayerZero, developers can easily send arbitrary data, external function calls, and tokens with omnichain messaging, while preserving full autonomy and control over their application. 

LayerZero's integration with inEVM ushers in a new era of seamless cross-chain communication, empowering developers to build interoperable dApps that transcend traditional blockchain boundaries. This integration allows users of Ethereum, Arbitrum, and other chains to seamlessly interact with dApps deployed on the inEVM network and vice versa. LayerZero has raised over $100 Million from industry titans such as A16Z, Sequoia and many more.

By bridging these disparate ecosystems, LayerZero enabled dApps launching on inEVM to tap into a vast pool of users, liquidity, and resources from other chains, fostering a vibrant and interconnected ecosystem.

Utilizing LayerZero for inEVM

Developers can leverage LayerZero to create omnichain apps, or OApps, which interact not only within the Injective ecosystem, but also across all interconnected networks supported by Layer Zero. 

The LayerZero Architecture for inEVM

Additionally, developers will be able to utilize LayerZero Endpoints, which are crucial components that facilitate this communication between different blockchains. 

OApps uniquely have horizontal composability, allowing for external cross chain calls to and from inEVM to be containerized as new message packets. This ensures the separation of the receipt logic from the external call itself.

By utilizing LayerZero dApps launched on inEVM can access assets from a host of other networks as well as unique assets typically not available before on Injective such as liquid staked assets. In addition, due to Injective’s integration with IBC, inEVM can enjoy access to both Etheruem native assets along with assets across the Cosmos universe.

The Future of inEVM

inEVM brings a groundbreaking infrastructure stack designed to hyperscale multi VM development. With inEVM, builders can create a legion of new applications that not only retain the highest performance standards but also directly composes across the IBC and Solana ecosystems over time.

Every single facet of inEVM has been custom built to meet the needs of sophisticated applications, including a hyper scalable execution layer as well as a modular DA layer. This combined with the near zero fees offered by Injective, makes inEVM the foremost solution for Ethereum native builders everywhere.

About Injective

Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.

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