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lzRead and Shadow NFTs: A New Interoperability Approach

Shadow NFTs by Yuga Labs offer crosschain NFTs without bridges or wrapping. Here’s how LayerZero’s lzRead powers them.

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In crypto, two of the biggest remaining fields of conquest are 1) onchain privacy, and 2) crosschain interoperability.

In other words, our space is advancing toward being able to make blockchain transactions discreetly and toward being able to use your assets easily on a variety of networks.

There's still much progress to be made on both fronts, but we're marching forward. I've recently covered good upstart privacy apps like Fluidkey and Veil, while crosschain intents via ERC-7683 will soon defragment the Ethereum ecosystem considerably.

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William M. Peaster

Written by William M. Peaster

802 Articles • View all      

William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he writes the Metaversal newsletter on the onchain frontier, covering everything from AI projects to crypto games, as the team’s lead NFT analyst. With a background in creative writing, he writes fiction and publishes art on Ethereum in his free time. He lives in Washington.

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