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LayerZero is an omnichain interoperability protocol designed for lightweight message passing across chains. LayerZero provides authentic and guaranteed message delivery with configurable trustlessness. It is a “blockchain of blockchains” that allows other blockchain networks to communicate directly and in a trustless manner.

LayerZero’s key feature is Ultra Light Nodes (ULNs). These smart contracts run on each blockchain and act as endpoints for cross-chain communication. ULNs verify the validity of transactions and messages from other chains using block headers and transaction proofs, ensuring security and efficiency.

LayerZero supports any blockchain that can run smart contracts, such as Ethereum, BNB Chain, Avalanche, Polygon, Arbitrum, Optimism, Fantom and other chains. LayerZero also supports non-EVM chains like Aptos. These so-called omnichain applications should become a key layer of a multi-chain future, where different blockchains interact simultaneously.

LayerZero aims to create the optimal interoperability solution for blockchains with seamless and trustless cross-chain transactions.

LayerZero

Arkham is a blockchain analysis platform that uses artificial intelligence (AI) to deanonymize the blockchain and on-chain data.

The platform’s two main components are the Analytics Platform and Intel Exchange. The Analytics Platform covers analytics on various entities, exchanges, funds, whales and tokens. For instance, you can check the portfolio holdings, transaction history, exchange flows, network relationships and other on-chain analytics. The Intel Exchange allows anyone to buy and sell address labels and other intelligence, either through bounties, auctions or the DATA Program.

Arkham uses an in-house AI engine with various sources of data, such as public records, social media, web scraping and user submissions. The data is used to label addresses and provide entity analytics for ULTRA, the company’s AI algorithm.

Arkham’s platform can be used for various purposes, such as tracking stolen funds, identifying fraudsters, verifying counterparties, auditing transactions, investigating hacks, and more. Arkham claims that its platform can help combat the proliferation of crypto crimes and scams by incentivizing on-chain research.

However, Arkham’s platform has also raised privacy concerns among some crypto users and advocates, who argue that deanonymizing the blockchain violates the principles of anonymity and censorship-resistance that underpin the crypto movement. Arkham has defended its platform by saying that it does not collect or store any personal data from users, and that it only provides publicly available information that can be verified on the blockchain.

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