#MATIC✅ and other products has made the Polygon Ecosystem most sought-after for partnership and integration, especially with the Aggregated Layer.
It all comes to light with so many integrations and partnership within the crypto space just like the recent listing of #TONonBinance . Many are familiar with Bitcoin $BTC and how it opened the air for several projects including the famous Ethereum $ETH on the blockchain for smart contracts.
This development did not stop at that point but scaled higher with the introduction of Polygon ($MATIC) (soon to be POL) to ease the need to scale Ethereum. This basically defines the birth process for stronger and more efficient chains and protocols as we see today.
More to be discussed on this article is one of the latest integration from a Layer 2 network called Movement Labs, and as a social miner with @DAO Labs and crypto enthusiast, i have worked with several projects through #SocialMining and this integration actually interests me. So here is my research view on the Integration between Movement Labs and the Aggregated Layer of Polygon Labs. Lets dive into this right away and find out what Movement is all about and why the integration with AggLayer.
Movement Labs
As the next-gen blockchain network, Movement Labs is powering the fastest and most secure Layer 2 on Ethereum. Creating the platform where Movement is possible anywhere on the Chain seamlessly. With a mission to democratize and decentralize the growth of move chain.
What is Movement?
Movement is the network of modular Move based chains. This Move forms a stronger community of Move builders to increase the following:
1. Security - this is a priority for every chain and Move ensures top security
2. Performance - Improved performance
3. UX - Improved User experience in building in decentralized networks.
Movement Labs is the proprietor of the Move-EVM, M2 as the fastest and most secure Layer Two on Ethereum market leveraging Celestia for Data Availability.
More recent developments from Movement Labs is the $38 Million funding secured from several top tier crypto exchange venture organisations including Binance Labs.
Movement and AggLayer
In order to ensure the steady development of the Move chain, Movement Labs announced its integration partnership with Polygon's Aggregated Layer known as AggLayer to unify liquidity and user base across all aggregated chains. $160 Million in Total Value Locked has also been committed by Movement Labs towards this integration to ensure that MoveVM based can seamlessly interoperate with the provided liquidity and users of any Aggregated chain.
1. The key essence of this integration between Movement Labs and AggLayer is to bridge the gap between Move chain and EVM ecosystems.
2. This integration will make Movement the first Move-based network to utilise Polygon's AggLayer
Utilizing the AggLayer brings more benefit to Move-EVM.
What is Movement Labs Building?
Recently Movement Labs settled to building an integrated network in MoveVM formed from the consummation of Move and Ethereum Virtual Machine with an end result delivering a high performance of Accessibility, Security and Speed.
What is next for Move Chain? We can only anticipate more developments and interesting builds.
Kindly note that this is based on my research and for any further information, you can build on through the main blog of Polygon and Movement Labs.
Research Sources:
https://polygon.technology/blog/movement-labs-to-unify-liquidity-and-community-of-movevm-based-l2-chains-with-agglayer
https://movementlabs.xyz/