Virtuals Protocol, an AI agent infrastructure platform for the on-chain economic system, introduced that it’ll migrate its cross-chain operations from LayerZero to Chainlink CCIP. The transfer will help the switch of over $700 million price of VIRTUAL tokens and develop into the protocol’s proprietary cross-chain infrastructure.
This determination follows an intensive safety assessment carried out by Virtuals following latest LayerZero-related exploits. In line with the corporate, the assessment targeted on strengthening the infrastructure wanted for autonomous AI brokers that may commerce, coordinate, earn income, and transfer worth throughout a number of blockchains.
Virtuals Protocol develops instruments to create and monetize AI brokers. These brokers will be launched, tokenized, funded, and managed as impartial members within the on-chain economic system.
Chainlink, a blockchain oracle and interoperability community supplier, was chosen after Virtuals evaluated accessible cross-chain options. The corporate highlighted a number of options of CCIP, together with a community of impartial node operators, built-in charge limiting designed to scale back threat throughout irregular occasions, and compliance certifications resembling SOC 2 Sort 2 and ISO 27001.
With the migration, all cross-chain operations throughout the Virtuals ecosystem will now be carried out by means of CCIP. The corporate believes this method supplies a excessive degree of safety for customers and may help the long-term development of AI-driven purposes throughout the on-chain economic system.
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