LayerZero's Cross-Chain Feature Faces Backlash and Raises Concerns in the Community
LayerZero introduced wstETH cross-chain feature, but faces backlash from other projects, highlighting concerns about decentralization and transparency. Lido DAO expresses unease over the unapproved bridge on Avalanche, BNB Chain, and Scroll, citing risks and lack of community involvement. LayerZero responds to these concerns. LayerZero is an interoperability protocol enabling cross-chain messaging between different blockchain ecosystems for enhanced connectivity.
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