Polkadot Parachain Moonbeam Integrates Cross-Chain Messaging Protocol LayerZero

Moonbeam, a layer 1 blockchain protocol with 9.6 million lifetime transactions, according to Etherscan, already uses the Polkadot ecosystem’s internal messaging service, XCM. Derek Yoo, the CEO of Purestake, the development team behind Moonbeam, told CoinDesk that its integration of LayerZero, which raised $6 million in a Series A round in September, will offer a broader messaging service across various chains such as Ethereum, BNB Chain, Polygon and others. Yoo said this will encourage builders to deploy their applications on Moonbeam.