According to developers, in a recent email statement, ShimmerEVM from IOTA Network is integrating LayerZero’s cross-chain messaging technology to enable users to communicate and transact across multiple networks.
Today marks the first connection to other blockchains via the Shimmer bridge, a technology that allows value to be transferred between various blockchains such as Ethereum, Polygon, Avalanche, Fantom, Base, Arbitrum, and Optimism. The ability to exchange assets and data across any application developed on blockchains supported by LayerZero, an interoperability protocol, expands the capabilities of ShimmerEVM.
By establishing connections between more than 50 blockchains, LayerZero enables developers to create experiences, tokens, and apps that are not exclusive to any one blockchain.
Before releasing their apps onto the main IOTA network, developers can create apps and utilise features that aren’t yet available on the IOTA mainnet with ShimmerEVM, a component of the Shimmer IOTA ecosystem blockchain.