LayerZero is an omnichain interoperability protocol designed for lightweight message passing across chains. LayerZero provides authentic and guaranteed message delivery with configurable trustlessness.

Key Takeaways:

• Layer 0 is the base layer on which the entire blockchain ecosystem is built.
• Being a fundamental layer, it supports blockchain in backing up transaction data for numerous layer 1 chains.
• Layer 0 deals with the issues such as scalability and interoperability.
• Some popular layer 0 crypto coins are Avalance, Cosmos, and polkadot.

On Layer zero networks, software developers can build their own Layer 1, connected to the mainchain; however, they all operate independently. SDKs, or software development toolkits, make the connectivity process possible.

In the blockchain, scalability is one of the biggest challenges. However, layer 0 offers a solution covering digital currency wrapping, enabling individual reward set-up and data validation. It allows cross-chain interoperability with layer 1 networks such as ADA, BTC, and others.

The layer 0 protocol can easily deploy relay networks across several nodes, such as BTC and ETH. It also resolves the scalability issue without creating any hindrance. The protocol allows users to build decentralized applications (dapps), blockchain-centric businesses, mint cryptos, and others.

Fundraising:

• Project has raised $255 million from Sequoia, a16z, FTX, Coinbase and others.
   

LayerZero does not currently have a token, and in this guide we will tell you about all the available actions that are likely to help you in getting an airdrop from the project.