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2024: The End Of EVM Dominance | Rushi Manche

Apr 25, 2024
Rushi Manche of Movement Labs discusses the shift from EVM to VMs in 2024, VM's composability, L1 vs L2 trade-offs, Zk vs Optimistic Rollups, app fragmentation, shared sequencers, attracting new devs to Web3, and scaling solutions to watch in 2024
48:55

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Podcast summary created with Snipd AI

Quick takeaways

  • 2024 marks the year of advanced VMs surpassing EVM dominance.
  • Movement Labs aims to optimize smart contract security and transaction fees.

Deep dives

Focus on Next-Gen Virtual Machines (VMs)

The podcast discusses the importance of next-gen L2s on Ethereum and next-gen L1s in shaping market trends. The shift towards more advanced virtual machines signifies better performance with higher throughput and scalability. The year 2023 is predicted to be significant for decentralized applications (DApps), while 2024 is anticipated to highlight the rise of advanced VMs as superior alternatives to the established Ethereum Virtual Machine (EVM).

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