CDS Crypto News Naming Protocol Clusters Launch with LayerZero and Delegate Collaboration
Crypto News

Naming Protocol Clusters Launch with LayerZero and Delegate Collaboration

Naming protocol Clusters officially launched today.

27
Naming Protocol Clusters Launch with LayerZero and Delegate Collaboration

Crypto News – In partnership with the interoperability platform LayerZero, the Ethereum infrastructure project Delegate is unveiling a blockchain-based name system called Clusters today.

Naming Protocol Clusters Launch with LayerZero and Delegate Collaboration

Complex blockchain addresses are translated into human-readable names via domain name providers. The most well-known example is the Ethereum Name Service. Through interaction with Oracle provider Chainlink, ENS does enable the registry of addresses from other blockchains; however, the data is still kept on Ethereum as a single point of truth. According to a post on X, Delegate‘s alternative seeks to integrate this type of registry natively into several blockchains, including Ethereum, Solana, other EVM-based chains, and eventually Bitcoin.

Clusters is a cross-chain, multi-wallet naming protocol addressing issues like address fragmentation, wallet management complexity, and domain squatting. It serves as a unified identity layer, enabling users to maintain a consistent identity across multiple chains — very similar to what ENS does, but for many chains, natively.

LayerZero

What Do Clusters Do and How Do They Work?

The service’s primary technology will be LayerZero. Its protocol is made to enable communication across blockchains. It can be used for information exchange or for exchanging value, such as tokens. Delegate, who was formerly known as Delegate Cash, has prior experience with blockchain address management. Its primary protocol allows owners of cryptocurrency wallets to assign privileges or obligations from one wallet to another.

Naming Protocol Clusters Launch with LayerZero and Delegate Collaboration
Written by
lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

Coinbase down Faces Technical Difficulties as Bitcoin Hits 63K Dollars, Leading to Platform Disruption

The outage caused unbridled speculation over the cause on social media, with...

Bitcoin and Ethereum Lead Rally as Crypto Market Cap Surges by 5.09% in 24 Hours

On Wednesday, Bitcoin surged to $64,000, while Ethereum climbed above $3,400.

Jeff Bezos is rumored to have divested 8.5 billion Dollars from Amazon stock in favor of Bitcoin

Jeff Bezos' recent $8.5 billion sale of Amazon stock has sparked speculation...

Behind the Scenes of the $63K BTC Rally

There are many theories about the reasons behind the $63K BTC rally.