In a bid to strengthen blockchains against future quantum computers, LayerZero has shipped a new post-quantum cryptographic building block, and Coinbase is convening Bitcoin developers and cryptographers at Stanford. Both efforts are targeted towards the concern that the cryptography securing nearly every major chain will not survive a sufficiently powerful quantum machine.
Cathie Wood is bullish on LayerZero just as new fees begin funding ZRO buybacks, but a roughly $25M token unlock could test the trade this month.
ARK Invest CEO Cathie Wood believes investors are underestimating LayerZero (ZRO) and its growing role in connecting blockchain networks. Wood highlighted the interoperability protocol on X, praising both its cross-chain messaging technology and the team behind the project.