Movement Labs: 'Facebook's MOVE Will Bring Billions of Users to Crypto' - Rushi Manche. Ep. 542
Channel: Epicenter Podcast
Date: 2024-04-06

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.

We were joined by Rushi Manche, co-founder of Movement Labs, to discuss the rise of modern VMs and how Move-VM aims to offset Ethereum’s shortcomings through parallelisation.

Topics discussed in this episode:
0:00 - Introduction
3:15 - Impressions from ETH Denver
8:00 - Rushi’s background
9:46 - Move vs. Solidity
15:18 - EVM compatibility
17:22 - Parallelisation vs. intent-based transactions
20:47 - Security and parallel state transitions
22:17 - Transitioning from EVM to newer VMs
25:17 - Berachain’s approach to EVM-compatibility
27:54 - Movement Labs’ tech stack
30:28 - Decentralising the sequencer
33:14 - Movement’s M1 and M2 chains
34:43 - Celestia DA and the Dencun upgrade
37:21 - Restaking
39:34 - Bitcoin L2s
42:35 - IBC-compatibility and USDC on Movement
48:32 - Ethereum x Cosmos convergence
54:46 - dApps on Move

Links mentioned in this episode: 
- Rushi Manche on Twitter: https://bit.ly/3U7NiAz
- Movement Labs on Twitter: https://bit.ly/3TMmLsi
- Nebular Podcast 'Ethereum x Cosmos convergence': https://www.youtube.com/watch?v=q7V4n9qGyZM

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 https://gnosis.io/ - 
- Chorus1: 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 https://chorus.one/?utm_source=epicenter -

This episode is hosted by Sebastien Couture & Friederike Ernst.
Show notes and listening options: https://epicenter.tv/542
#movementlabs #ethereum #cosmos