Today I will tell you about a different topic within the scope of #SocialMining under the roof of @DAO Labs . Let's not talk about $ETH , #altcoin or #meme coinđ. I will mention the #Binance Labs supported Movement and @Polygon Agglayer. The $MATIC that everyone knows. Nowadays there is a new programming language. The Move language. Move focuses on the security of digital assets and smart contracts. So what distinguishes it from other programming languages ? Solidity and Ethereum Virtual Machine (EVM), the first generation Web3 programming languages that are in our lives, were not created for security purposes at their core.Considering the progress by raising them, it has been seen that they have serious disadvantages. Entrepreneurs who saw this have founded Movement Labs. The goal is to combine the most secure network, Ethereum, with advanced Web3 technology.
Many blockchain enthusiasts have heard the names APTOS and $SUI . Aptos and Sui have taken their place in crypto as layer 1 blockchains . So what is their relevance to our topic? These two projects use the Move programming language. Their goals are high efficiency, scalability, low fees and innovations for users. Movement Labs is the first company to bring Move technology to the Ethereum layer 2 network and has expanded their technology to Ethereum layer 2. Thus, when data is written to Ethereum, a blockchain is created where faster and cheaper transactions take place. Here, we come across MoveVM, which is the combination of Move and EVM. While creating a strong VM in terms of speed and security, it has allowed developers to distribute Solidity contracts without making changes to the code in the transactions made by them. In this way, developers have the opportunity to distribute fully verified code during operation. MoveVM prevents types of attacks such as re-entry. It makes developers feel secure. MoveVM offers 160K+ TPS .
Let's look at its relationship with Polygon. First of all, Movement received an investment of $38 million from a leading and respected investment firm such as Polychain Capital at an early stage. This shows us the potential of the project. Polygon decided to integrate Movement into Polygon in order to grow its own ecosystem in this regard. How would this happen? Polygon's Aggregator Layer (Agglayer) was important for the integration to be realized with Movement. Polygon Agglayer facilitates the interaction and integration between different blockchain networks and protocols. It produces solutions for us. Move will be included in the Polygon ecosystem through Agglayer and a significant liquidity will be provided. This amount is $160 million and shows us the trust of users in the platform and the significant amount of capital they have invested. In addition, the Polygon ecosystem will diversify after the integration of Move based projects such as Sui Move and Aptos Move to Polygon is completed in the future. When we think even further, applications and smart contracts written in the Move language will now be able to take place in the Polygon ecosystem. Compatibility between different blockchains will make great contributions to Polygon, Move and the blockchain world.
As a result, Movement, which has received a good amount of investment, will be the first Move based ecosystem to use Agglayer, taking the support of Binance Labs behind it and completing its integration into the Polygon ecosystem. Its integration with Polygon Agglayer will allow it to access a wider user base and more dApp (decentralized application) developers. With a strong liquidity, it will have the chance to continue its healthy growth. Polygon will benefit from this in MATIC. MoveVM will increase efficiency with its innovative and technological adaptation. Cooperation with the Polygon ecosystem will provide a strategic advantage and will benefit from strengthening its Sunday position. As a social miner on #PolygonHUB , I have shared my thoughts with you. And do you think that the Movement will be able to successfully climb these steps and continue to progress?
