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

Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

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4M ago 58:14

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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 covered in this episode:

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

Episode links:

Sponsors:

Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at - gnosis.io
Chorus1: Chorus1 is one of the largest node operators worldwide, supporting more than 100,000 delegators, across 45 networks. The recently launched OPUS allows staking up to 8,000 ETH in a single transaction. Enjoy the highest yields and institutional grade security at - chorus.one

This episode is hosted by Sebastien Couture & Friederike Ernst.

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