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Davide
@0xdavide
🧩Movement Network is a modular layer2 that uses the Move programming language (MVM). The goal is to build rollups based on the Move language using the MoveSDK (software kit). Move is based on: 1) M1 (L1 Proof of Stake with $Move in stake that uses a shared sequencer, which is more decentralized than the classic L2 sequencers; this is one of the problems of canonical L2: whoever carries the transactions from the L2 to the L1 is centralized). 2) M2 (L2 rollups with Move Virtual Machine that carry finality and settlement on Ethereum but are Validiums as they use the Celestia chain as Data Availability. They use parallelization to increase TPS and scalability). M1 validators, in addition to the $Move token emissions, also obtain the fees generated by the sequencer. Trump's WLFI has purchased 2 million $Move. There would also be connections with Elon Musk's D.O.G.E. (possible integration).
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Davide pfp
Davide
@0xdavide
The "modularity" narrative has lost its hype with the $Tia price crash (even $Dym and $Avail are not doing well), however always remember to distinguish "chain functionality" from its token. In 90% of cases, a chain/bridge (or platform) can function even without a token and even if this goes to 0. This is one of the reasons why you should NOT buy random tokens just because they are technically a "good" project.
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