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

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

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


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

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

ratings:
Length:
58 minutes
Released:
Apr 6, 2024
Format:
Podcast episode

Description

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 DenverRushi’s backgroundMove vs. SolidityEVM compatibilityParallelisation vs. intent-based transactionsSecurity and parallel state transitionsTransitioning from EVM to newer VMsBerachain’s approach to EVM-compatibilityMovement Labs’ tech stackDecentralising the sequencerMovement’s M1 and M2 chainsCelestia DA and the Dencun upgradeRestakingBitcoin L2sIBC-compatibility and USDC on MovementEthereum x Cosmos convergencedApps on MoveEpisode links:Rushi Manche on TwitterMovement Labs on TwitterNebular 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.ioChorus1: 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.oneThis episode is hosted by Sebastien Couture & Friederike Ernst.
Released:
Apr 6, 2024
Format:
Podcast episode

Titles in the series (100)

Epicenter brings you in-depth conversations about the technical, economic and social implications of cryptocurrencies and blockchain technologies. Every week, we interview business leaders, engineers academics and entrepreneurs, and bring you a diverse spectrum of opinions and points of view. Epicenter is hosted by Sebastien Couture, Brian Fabian Crain, Meher Roy, Sunny Aggarwal, and Friederike Ernst. Since 2014, episodes have been downloaded over 4 million times.