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

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:

• Rushi Manche on Twitter
• Movement Labs on Twitter
• Nebular Podcast 'Ethereum x Cosmos Convergence'

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
• Chorus One: Chorus One 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.