The blockchain space is at a pivotal moment. As networks multiply and users demand smoother experiences, the true potential of Web3 hinges on one critical factor: seamless cross-chain interoperability. This isn’t just a technical challenge — it’s the key to making blockchain connectivity as natural as the internet itself.
Web3 promises a world without borders, where the movement of assets is effortless. But today, fragmented networks, siloed liquidity, and cumbersome processes have created gaps that need bridging. This is where interoperability is required — not just for moving assets but for enabling dApps to think bigger, work smarter, and deliver better user experiences.
Imagine transferring liquidity across chains in seconds without multiple gas fees, verifying ownership of an Ethereum NFT directly on another chain without bridging, or aggregating DAO votes across several networks in one click. These aren’t just lofty ideas; they’re the omnichain possibilities unlocked by innovations like lzRead.
Designed to fetch and transform data from any blockchain, lzRead enables smart contracts to communicate effortlessly across networks. With lzRead, dApps can fetch data on demand from any chain, reducing costs, latency, and barriers to innovation.
Let’s dive in.
lzread
The Problem
Smart contracts traditionally could only access data from their native blockchain. With multiple chains emerging, valuable data is now scattered across ecosystems. Developers face high costs, complexity, and delays in retrieving and utilizing this fragmented data.
LayerZero’s existing framework provides a solution for cross-chain messaging with few limitations. Multiple gas payments and latency points make it less efficient for frequent or complex operations. lzRead takes things further by allowing applications to fetch and compute data across chains in a single function call — reducing costs, latency, and unnecessary complexity.
The Solution and how it works
lzRead enables developers to access and compute blockchain data from multiple chains without complexity. Here are the three core components:
Message Channels: Parallel data streams allow developers to fine-tune requests based on cost, speed, and security.
Decentralized Verifier Networks (DVNs): Trusted networks that fetch, process, and validate data before sending it back.
ReadLib: A secure library that handles the requests from the applications, routes them to the designated DVNs, and validates the returned data for accuracy and integrity.
The process:
App Setup: Developers configure their application, define DVNs, and create Read Requests (instructions for specific data retrieval).
Smart Contract Call/Request: The dApp requests data &/or computations(like the total number of staked tokens in a liquidity pool on Polygon).
Query Forwarding: The request goes to a DVN.
Data Fetching: The DVN retrieves data from the specified chain(s) (in this case Polygon).
Compute (optional): When requested, DVNs process the data (e.g., calculating staking rewards or summarizing data points).
Data Verification: The fetched data is verified by the DVN.
Data Return: The verified data is sent back to the dApp.
lzRead in use
Streamlined DAO voting by Agora
Agora uses lzRead to aggregate DAO votes across multiple chains, eliminating the need for repetitive voting processes on different networks.
Asset Verification by ApeChain
ApeChain leverages lzRead to verify BAYC NFT ownership on Ethereum without the need for bridging. Instead, it creates shadow tokens that reflect ownership, saving costs and ensuring efficiency.
Cross-chain Prediction markets by Wintermute
Wintermute uses lzRead to access real-time data across chains for prediction markets. This approach ensures unbiased, fast, and cost-effective operations for seamless market resolution.
Omnichain Yield Streaming by Plume
Plume simplifies the integration of RWAs using lzRead. lzRead permits cross-chain verification of deposit contracts, allowing users to deposit assets on one network and receive yield tokens on another (efficient cross-chain collateralization). Plume also supports seamless streaming of RWA yields to any blockchain, providing greater utility and accessibility.
Reliable Price Feeds by Gelato
Gelato fetches accurate price data from established chains like Ethereum using lzRead. This data powers newer chains and enables automation, such as rebalancing liquidity pools or optimizing DeFi strategies, all without manual input.
Why lzRead Matters
lzRead is not just a tool — it’s a new data primitive that empowers developers to fetch, compute, and utilize blockchain data on demand. It bridges the gaps between networks, enabling the kind of connectivity and efficiency that Web3 has always promised.
With lzRead, applications can:
Fetch data across chains using standardized methods.
Configure security, data sources, and processing parameters to fit their needs.
Reduce gas costs and latency by streamlining cross-chain data queries
Integrate seamlessly with just a few lines of code.
To learn more, visit the LayerZero website, check out the docs, or watch this video.
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