Ruby Protocol Integrates LayerZero Technology to Enable an Intent-Centric Web3 Future
No hidden knowledge or information is entirely unknown to anyone anymore.
In that sense, the road to a true Web3 world is clear. The philosophy has been studied by many. The idea of it has been diffused through this space and echoed for years. The infrastructure is out there and getting stronger every single day.
And we know the next-generation application must be accessible, cross-chain, and intent-centric, which explains why Ruby Protocol is now fully integrated with LayerZero.
We believe this integration introduces a portal to the Ruby ecosystem and its users, helping us run across multiple blockchains in a trustless and efficient way. Using the protocol, we turn Ruby dApps into omnichain-applications and secure our dApps with LayerZero’s novel trust-minimized modular security framework, making it possible for dApps and assets to unlock omnichain functionality.
Such connectivity and increased interoperability considerably reduce liquidity and user experience fragmentation in Ruby Protocol and across many blockchain networks and will progressively transition the existing Web3 space to a truly intent-centric future.
Who is LayerZero?
LayerZero Labs is the company developing the LayerZero protocol, an open-source messaging protocol that allows developers to build omnichain, interoperable applications. Messaging here doesn’t mean your SMS — in reality, it can be anything. Specifically in Web3, it can be from your everyday crypto transaction with gas fees to chit-chat with another ENS name in private.
In our minds, LayerZero aims to bring together the siloed Web3 space in a fundamental and first-principle manner; after all, the language we use builds the world we see. LayerZero can be thought of as the translation layer that ensures smooth communication. The protocol supports over 30 blockchains and has been implemented into large decentralized exchanges like Uniswap and Sushiswap.
At its wildest, developers can build products that use different chains for different features and that users never have to think about which chain they’re on. Its significance cannot be overestimated more.
Ruby dApps Leveled Up
With this announcement, you will see all of Ruby dApps powered by LayerZero and other robust blockchain ecosystems.
For example, users can effortlessly transfer their assets across many blockchains on Ruby Connect and Ruby One with just a few clicks. One offers you the most private way to send and receive crypto; the other provides the easiest wallet experience and a way to store and manage your crypto hassle-free.
It is worth repeating that Ruby Protocol has pivoted to devote 100% of its resources into building an Intent-Centric Account & Access Layer for Web3. Recognizing the significance of it, we chose the technology of LayerZero rather than developing a solution from the ground up.
The Importance of Merging Omnichain And Ruby
Our mission is a daunting task but the intention is simple: to try and level the playing field before it’s too late. This integration is an essential piece of the ultimate puzzle.
Everything we do in web3 and crypto space is to ensure data sovereignty, privacy, and checks and balances are all indispensable parts of the default setting in the working environment and to design its origin to be intent-centric.
We argue now that this space has an ample supply of cheap and secure blockspace, protocol, and infra sides of crypto that are built and ready to use. There is undoubtedly plenty left to do here. Still, for the first time in crypto’s history, the frontier of crypto protocol development is at a level of maturity that allows us to see the endgame.
It is finally the time to build people-centric and intent-centric applications to welcome users to crypto and web3 ideas and applications.
It is our best chance to make it right for us and our future generations, and such integration is the way to go. One of the primary goals of Ruby Protocol now is to build applications users can use and like to use. By doing it, we make Web3 less head-scratching and more welcoming.
If you are interested in learning more, please click HERE to read about our Interoperability Efforts!
About Us
Ruby Protocol is an Intent-Centric Account & Access Layer for Web3.
We are building an intent-centric, interoperable, and privacy-preserving infrastructure for Web3 future. Our services, including Account Abstraction (AA), Assets Bridge (AB), Access Control (AC) and much more, are designed to accelerate Web3 development and its mass adoption.
We aim to make Web3 seamless and effortless to everyone everywhere.
