Covalent Network (CQT) and Movement Labs reach cooperation

Covalent Network (CQT) is the industry’s leading multi-chain indexer and is currently launching an epoch-making collaboration with Movement Labs’ M2. M2 is the first Ethereum-based Move-EVM (MEVM) ZK rollup. This strategic collaboration marks the integration of advanced real-time data indexing and deployment tools, including Covalent Network’s (CQT) unified API and GoldRush Kit, into the vibrant Movement ecosystem. The convergence of these powerful tools will redefine data accessibility for builders within M2 and the open, modular Move framework.

At the center of the collaboration is Covalent Network’s (CQT) comprehensive API, designed to provide tools for seamless access to real-time and historical blockchain data. As a portal, it empowers Movement Labs’ M2 with many features, including standardized easy-to-read transactions, fast data retrieval, and scalable infrastructure.

The GoldRush Kit is another key component in the collaboration, providing users with a rich and user-friendly interface for accessing and visualizing historical blockchain data within the Movement Labs ecosystem. The introduction of this tool not only enhances the overall user experience but also facilitates comprehensive and easy-to-understand exploration of M2 historical data.

David Tso, head of growth and customer success at Covalent Network (CQT), pointed out: "M2 is an Ethereum solution based on ZK Rollup technology, which introduces the next generation of smart contract language by natively supporting EVM. We are We are proud to support Movement Labs’ mission to promote the Move language globally, which helps prevent recursive attacks and enable parallel processing.”

Movement Labs’ M2 is a groundbreaking advancement in blockchain technology that combines for speed, security and efficiency. With the launch of the first Move virtual machine Layer2 (L2) for Ethereum, M2 will open up new possibilities and promote the evolution of blockchain forms in a new direction. Through a versatile design, extremely low-cost scalability, and built-in forms of code verification, the M2 Rollup mainnet embodies Movement Labs’ philosophy of standardizing accessibility, security, and performance improvements.

This strategic partnership will position Covalent Network (CQT) as a catalyst for Movement’s growth by providing the platform with ways to fully leverage rich historical blockchain data, improving its security and scalability sexual ability. Movement Labs and Covalent Network (CQT) have partnered to promote more comprehensive interoperability in the growing Web3 ecosystem while ensuring that tool accessibility continues to be maintained.

About Covalent Network (CQT)

Covalent Network (CQT) focuses on improving the availability of blockchain data and building a new economic system for millions of users. Since its establishment, Covalent Network (CQT) has been committed to providing developers, analysts, etc. with comprehensive, real-time data support on more than 200 chains.

About Movement Labs

Movement Labs is creating tools and infrastructure to enhance the security and efficiency of distributed networks. Focused on smart contract security and the scalability of blockchain technology, Movement Labs is committed to driving new use cases in the decentralized economy with the security and performance of the Move programming language. Our open protocol aims to empower developers and users equally, promoting a more secure and accessible blockchain environment.

The above is the detailed content of Covalent Network (CQT) and Movement Labs reach cooperation. For more information, please follow other related articles on the PHP Chinese website!