Movement Labs: 'Facebook's MOVE Will Bring Billions of Users to Crypto'
Episode 542 • April 6, 2024

Movement Labs: 'Facebook's MOVE Will Bring Billions of Users to Crypto'

Classical, monolithic blockchains are inherently limited in their throughput due to their single-thread execution architecture. Modern VMs attempt to solve this issue through parallelisation being implemented from the get-go. Movement Labs employs the Move-VM to build a ZK L2 rollups on Ethereum, thus also deriving its security. Through parallel execution threads, Movement achieves a theoretical TPS of 160,000 while also ensuring sub-cent transaction fees.

Topics:

  • Impressions from ETH Denver
  • Rushi’s background
  • Move vs. Solidity
  • EVM compatibility
  • Parallelisation vs. intent-based transactions
  • Security and parallel state transitions
  • Transitioning from EVM to newer VMs
  • Berachain’s approach to EVM-compatibility
  • Movement Labs’ tech stack
  • Decentralising the sequencer
  • Movement’s M1 and M2 chains
  • Celestia DA and the Dencun upgrade
  • Restaking
  • Bitcoin L2s
  • IBC-compatibility and USDC on Movement
  • Ethereum x Cosmos convergence
  • dApps on Move

Links:

Hosts:Friederike Ernst, Sebastien Couture