LayerZero token ZRO surges 52% in 7 days: What’s behind the rise?

Quick Summary:

There has been a substantial surge in the ZRO token's price over the past few days.

Specifically, the user claimed that the Layer Zero endpoint contract, responsible for message flow between protocols, lacked restrictions on message size and destination addresses.

Pellegrino explained that imposing a fixed limit on message size could introduce the possibility of censorship, which directly contradicts LayerZero’s core goal of fostering a censorship-resistant system.

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Author / Journalist: Himalay Patel

Category: Crypto

Markets: United StatesMali

Topics: News 1 Social Altcoin Trading View News Ambcrypto

Source Website Secure: Yes (HTTPS)

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-04 @ 03:00:27 (2 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 600 words

Reading Time: 4 minutes read

Sentences: 32 lines

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Copyright Owner: © AMBCrypto

News ID: 21476970

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