Movement Foundation launches Movement Mainnet and MOVE token

Move-based blockchains continue to attract developers due to the expressiveness and unique architecture of the Move programming language.

The Movement Network Foundation revealed the launch of the Movement Mainnet — an Ethereum scaling solution that uses the Move Virtual Machine to settle transactions to the Ethereum network with one second finality time — and the accompanying MOVE token generation event in a December 9 announcement.

In an interview with Cointelegraph, co-founder of Movement Labs Rushi Mande said, “Our general thesis was Move is a phenomenal language, very secure, high throughput, but it needed two major things.” Mande continued:

The network will launch in beta, with the initial phase of the rollout focused on infrastructure providers deploying RPC nodes, follower nodes, and indexers to service the network and ensure an optimal execution environment.

Read more

About the author

Text Widget

Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.

Recent Works