Original title: "Omnichain NFTs"

Original compilation: 0x711, Rhythm BlockBeats

Author: William M. Peaster

Original compilation: 0x711, Rhythm BlockBeats

The recent buzz about full chains is largely due to the rise of LayerZero Labs, the Canada-based team that created the interoperability protocol LayerZero.

If you want to dig deeper, you can check out theprotocol white paper. But simply put, LayerZero is a messaging layer designed to allow smart contracts to easily communicate between many blockchains (or rather between any blockchain).

The protocol initially launched supporting projects compatible with the Ethereum Virtual Machine (EVM), namely Ethereum, Arbitrum, Avalanche, BSC, the protocol initially launched supporting projects compatible with the Ethereum Virtual Machine (EVM), namely Ethereum, Arbitrum, Avalanche, BSC, Fantom, Optimism, and Polygon. In the future, the LayerZero team also plans to add support for non-EVM compatible chains such as Cosmos Hub and Terra.

Compare full chain, cross-chain and multi-chain

therefore,

therefore,LayerZero's full-chain information transmission model is completely different from the cross-chain model, the latter requires the use of bridges to directly migrate or encapsulate assets to other chains. For example, if I want to use ETH on Katana through the Ronin bridge, that means my ETH is transferred directly from Ethereum to Ronin.

Comparison of full-chain model and multi-chain model, like separate communities with different values ​​pursuing their own tech stacks. While the Ethereum community pursues self-sufficiency based on its values ​​and infrastructure through trustless transfers between Ethereum and L2 scaling solutions, other alternative L1 ecosystems like Solana are taking their own unique approach to scaling.

The rise of full-chain NFT

In recent months, we have witnessed an increase in industry interest in cross-multichain NFT applications. For example, Loot founder dom once exclaimed"How to easily track NFT actions across chains"(This brought fire to one of my previous articles"Bridging the L1-L2 Gap"）。

This kind of cross-chain tracking has been an unsolved problem before, but more and more people are excited about the arrival of LayerZero,Because it has the potential to bring NFT and related projects to the whole chain and exist in a wider way。

Going a step further, we can trace the current focus around full-chain NFTs to the recently launchedStargate Finance, which is a bridging protocol,Also the first app to go live on LayerZero. With the activation of this program, users and developers are looking for other promising use cases, and there is no doubt that NFT has a bright future in this regard.

At the same time, the idea of ​​full-chain NFT is not new and is not limited to LayerZero. UMA's Optimistic oracle project already has some functions similar to the full chain. Also, I think with new advancements and further innovations, we'll see many other different approaches to full-chain behavior.

Gh0stly Gh0sts example

image description

screenshot fromgem.xyz

As expected, this spooky-themed, free-minted CC0 projectBy far the most transaction activity on Ethereum, but it is worth noting that the aboveall 7Gh0stly Gh0sts transactions have been implemented on all LayerZero-compatible chains. Therefore, it can be said thatfuture。

future

I think the full chain NFT can make a big cake for many projects and many chains at the same time.This technology will perhaps be a key catalyst in bringing meaningful NFT activity to other chains.

However, I also think there may be a "king of the hill" effect.Original link

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