A week after announcing its ambitious new blockchain, Zero, LayerZero co-founder and CEO Brian Pellegrino stepped in to address the growing speculation surrounding blockchain’s role. $ZRO. His message was direct. with zero $ZRO is your only asset.
Pellegrino explained: $ZRO It lies at the heart of Zero’s entire economic design. This acts as a staking asset that secures the network and also acts as a gas token used to pay for transactions. Additionally, all major revenue streams generated within the Zero ecosystem are: $ZRO.
This includes excess priority fees incurred during state conflicts, chip and MEV related fees, transaction fees from the market zone, payment fees from the payment zone, and future LayerZero messaging fees after the protocol rate switch is activated.
Essentially, Pellegrino says that all the economic value created by Zero, LayerZero, and Stargate is directly generated. $ZRO.
“We’re building Zero with the ambitious goal of delivering permissionless infrastructure for a better world. We’ll see you on mainnet this fall,” he said.
Related: Ripple Custody secures over $5 million in tokenized real estate assets in Dubai
What is zero?
Zero was announced last week as a new blockchain built in collaboration with Citadel, ICE, and Google Cloud. The project introduces what LayerZero calls the first multi-core world computer, designed to overcome the scaling limitations of traditional blockchains.
Unlike Ethereum or Solana, where every validator handles every transaction, Zero uses zero-knowledge proofs to separate execution and validation. This creates two validator types:
- A lightweight block validator that runs on consumer hardware
- Higher performance block producer
The architecture aims to process up to 2 million transactions per second per zone using new technologies such as QMDB for storage, FAFO for parallel compute scheduling, Jolt Pro for real-time ZK proofs, and SVID for high-throughput networking.
why is this important
Traditional blockchains face a scaling dilemma. Networks like Ethereum prioritize decentralization but struggle with high fees. Products such as Solana improve performance but require expensive validation hardware, which reduces decentralization.
Zero claims to offer both scalability and decentralization through its heterogeneous validator design.
Related: Chainalysis report highlights evolving illegal activities in darknet markets
Disclaimer: The information contained in this article is for informational and educational purposes only. This article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the use of the content, products, or services mentioned. We encourage our readers to do their due diligence before taking any action related to our company.
