Virtuals Moves Cross-Chain Operations to CCIP
Virtuals Protocol, an AI agent infrastructure platform for onchain economies, introduced the migration of its cross-chain operations from LayerZero to Chainlink CCIP. The transfer will assist transfers of greater than $700 million value of the VIRTUAL token and develop into the protocol’s unique cross-chain infrastructure.
The choice follows a broader safety evaluate performed by Virtuals after the current LayerZero-related exploit. In keeping with the corporate, the evaluate targeted on strengthening the infrastructure required for autonomous AI brokers that may transact, coordinate, earn income and transfer worth throughout a number of blockchains.
Virtuals Protocol develops instruments for creating and monetizing AI brokers. These brokers might be launched, tokenized, funded and managed as impartial contributors within the onchain economic system.
Chainlink, a blockchain oracle and interoperability community supplier, was chosen after Virtuals evaluated obtainable cross-chain options. The corporate highlighted a number of options of CCIP, together with a community of impartial node operators, built-in fee limits designed to cut back danger throughout irregular occasions, and compliance certifications similar to SOC 2 Sort 2 and ISO 27001.
With the migration, all cross-chain operations inside the Virtuals ecosystem will run by CCIP. The corporate believes this method will present a better stage of safety for customers and assist assist the long-term progress of AI-driven purposes throughout the onchain economic system.
Picture: Magnific
