{"id":62593,"date":"2023-10-25T03:45:03","date_gmt":"2023-10-25T07:45:03","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=62593"},"modified":"2023-10-25T03:45:57","modified_gmt":"2023-10-25T07:45:57","slug":"layerzero-telos-announce-strategic-alliance","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/layerzero-telos-announce-strategic-alliance\/","title":{"rendered":"LayerZero, Telos Announce Strategic Alliance"},"content":{"rendered":"\n

The Telos Foundation announces the availability of a bridge solution that will let users move assets and data across any LayerZero-supported blockchain.<\/a><\/p>\n\n\n\n

\"LayerZero,
LayerZero, Telos Announce Strategic Alliance<\/figcaption><\/figure>\n\n\n\n

According to a statement made on October 24, the combined effort intends to increase blockchain scalability, security, and usability, ushering in what Telos hopes will be a new age for the sector.<\/p>\n\n\n\n

People can already move assets between Telos and several blockchain networks, including Ethereum, BSC, Arbitrum, Avalanche\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, and Polygon, using the Telos Bridge, and support for additional chains is on the horizon.<\/p>\n\n\n\n

\n

1\/ Introducing the Telos Bridge, Powered by @LayerZero_Labs<\/use><\/svg><\/span><\/a>!

Telos and LayerZero are proud to announce a strategic partnership focused on enhancing scalability, and security while improving ease of use within the blockchain space. pic.twitter.com\/Pi3BSXu3D1<\/use><\/svg><\/span><\/a><\/p>— Telos (@HelloTelos) October 24, 2023<\/use><\/svg><\/span><\/a><\/blockquote>

Thanks to the new endpoint, applications linked with LayerZero will now be able to communicate directly with the Telos Network. As a result, programmers building applications for other LayerZero-supported networks now have the opportunity to add Telos connectivity to their products.<\/p>\n\n\n\n

The announcement ends by urging users and programmers to test the bridge and investigate the associated features of this new alliance.<\/p>\n\n\n\n

Growth Through Partnerships<\/h2>\n\n\n\n

Telos, well-known for developing one of the fastest Ethereum Virtual Machines<\/a> currently on the market, tEVM, has made a few more announcements this year.<\/p>\n\n\n\n

Along with the June announcement of a cooperation with GameStop, Telos, earlier in October struck a partnership agreement with ApeSwap, a decentralized exchange on BNB to provide consumers with high-yield farming products. Meanwhile, LayerZero has just come under fire for having connections to the defunct FTX<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Telos Foundation announces the availability of a bridge solution that will let users move assets and data across any LayerZero-supported blockchain. According to a statement made on October 24, the combined effort intends to increase blockchain scalability, security, and usability, ushering in what Telos hopes will be a new age for the sector. People […]<\/p>\n","protected":false},"author":43,"featured_media":62597,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[8564,985,8684],"class_list":["post-62593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-layerzero-2","tag-partnership","tag-telos"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/10\/croc_1698214405781.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/62593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=62593"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/62593\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/62597"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=62593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=62593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=62593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}