Movement Labs' integration with AggLayer.
The integration of Movement Labs with AggLayer promises to pour millions into #Polygon (MATIC)'s multi-chain ecosystem.
This move is a major milestone in Polygon (MATIC) Labs' goal of connecting the entire Web3 to #BTC .
According to #blockchain developers, one of the biggest obstacles to cryptocurrency adoption is the lack of interoperability between solutions, which prevents users from seamlessly switching between applications on different networks as is possible in Web 2.0.
Among the companies trying to solve this problem is Polygon (MATIC) Labs, the development team behind the eponymous etherium scaling solution. Over the past year, the team has proposed an aggregation blockchain architecture that aims to horizontally connect as many chains as possible on Ethereum using zero-knowledge technology so that they feel like a single chain.
Movement Labs, the development team behind the MoveVM blockchain network built on Ethereum, has revealed plans to connect to Polygon's AggLayer, the interoperability solution behind its aggregation blockchain architecture. The company said.
MoveVM chains will appear on AggLayer On Wednesday, July 30, Polygon (MATIC) Labs announced that Polygon has selected AggLayer to aggregate liquidity on its Layer 2 MoveVM chains, and that these MoveVM chains and others will also be able to seamlessly connect to AggLayer and Ethereum chains.
MoveVM is a blockchain-independent, open-source smart contract execution engine based on the Move programming language, developed by the Libra cryptocurrency project team at Meta (formerly Facebook). Designed with scalability and security in mind, AltVM has been adopted by next-generation blockchains such as Aptos and Sui.
Polygon (MATIC) "Another Step Closer? "
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