Interview with Movement Labs: What Are the Features of the Modular +MOVE Backed by Binance?
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Interview with Movement Labs: What Are the Features of the Modular +MOVE Backed by Binance?
Bringing the power of Move to the entire Ethereum ecosystem.
Navigating Web3 tides with focused insightsInterview: Jack, BlockBeats
Translation: Luccy, Frost, BlockBeats
Movement Labs is a blockchain development team building the first integrated blockchain network to power the fastest and most secure Layer 2 on Ethereum. Movement aims to combine smart contract security and parallelization with EVM liquidity and user base by connecting rollups with the Move Stack through its flagship L2, bringing MoveVM to Ethereum.
Rushi Manche, co-founder of Movement Labs, became interested in distributed systems and cybersecurity at an early age and was introduced to the Cosmos ecosystem. At 14, Rushi began working in engineering and later took up freelance work using Solidity during college, where he met Cooper Scanlon. The two quickly aligned and began contributing to the early development of the Move ecosystem.
Rushi Manche believes the two biggest issues in current blockchain infrastructure are poor user experience and smart contract vulnerabilities. Together with Cooper Scanlon, he founded Movement Labs in 2022 to accelerate innovation in crypto—enabling developers without large engineering teams or expensive auditors to build the next Facebook on-chain.
From 2022 to 2023, hackers exploited smart contract vulnerabilities to steal over $5.4 billion worth of crypto assets, affecting major protocols like Curve and KyberSwap through common reentrancy attacks.
To address these issues, Movement aims to build a modular Move-based blockchain ecosystem, starting with M2—the first Move Virtual Machine L2 on Ethereum—while introducing a novel execution environment designed for over 30,000 transactions per second (TPS).
Move-EVM allows both Move and Solidity developers to deploy code that is formally verified at runtime, preventing attack vectors such as reentrancy. The team calls this the "Integrated Approach," where modular components such as shared sequencing, embedded formal verification provers, alternative data availability, and Ethereum settlement can be combined to power a single blockchain, enhancing both security and performance. Additionally, Movement Labs will launch the Move Stack—an execution layer framework compatible with many rollup frameworks from companies like Optimism, Polygon, and Arbitrum.
On April 25, Movement Labs completed a $38 million Series A funding round led by Polychain Capital, with participation from notable venture firms including Hack VC, Placeholder, Archetype, Maven 11, Robot Ventures, Figment Capital, Nomad Capital, Bankless Ventures, OKX Ventures, Binance Labs, dao5, and Aptos Labs.
Move, originally created by Facebook for the Diem project, is gaining increasing attention in the crypto space. The debate between Move and Solidity has become a hot topic. Placeholder explained in their article "Moving from Solidity to the Move Language" why the Move language and its ecosystem deserve attention.
Now, Rushi Manche aims to integrate modularity with Move. Can Move be "great again"? How much reward can participants earn from the Movement testnet? With these questions in mind, BlockBeats interviewed co-founder Rushi Manche and presents the following translated transcript:
Combining Modularity to "Make Move Great Again"
BlockBeats: Could you briefly introduce yourself? Why did you join the crypto industry, and why did you decide to build Movement?
Rushi Manche: I previously encountered issues related to the high costs of security audits, so I wanted to build something inherently more secure—that’s what led me to focus on Move. Ethereum is where users and liquidity reside, so Movement was created to solve the widespread smart contract vulnerabilities within the Ethereum ecosystem.
BlockBeats: Move is a relatively new programming language in crypto, used by Sui and Aptos, but it hasn’t attracted much attention yet. Why did you choose Move? And why do you believe Movement will “make Move great again”?
Rushi Manche: The Move programming language—originally created by Facebook for the Diem project—offers several advantages compared to existing languages in the blockchain space. Its resource-oriented programming model and built-in security features make it better suited for building secure, high-performance blockchain applications.
The goal of Movement Labs is to drive broader adoption of Move by bringing it into other networks and environments—starting with our flagship networks M1 and M2. By providing open-source tools, frameworks, and protocols, we aim to facilitate Move adoption and unlock its full potential for developers.
BlockBeats: Modularity is a hot topic in crypto this year. Can you explain why combining Move with modularity is a good idea? Many modular products in crypto are EVM-based—won’t this pose obstacles for a modular Move ecosystem?
Rushi Manche: Integrated modularity is central to our design philosophy. By breaking down the blockchain stack into modular components with clear interfaces, we enable seamless integration, customization, and upgrades. Developers can mix and match modules to tailor the stack to their specific needs. Compared to monolithic designs, this integrated modular architecture offers significant advantages in scalability, security, and innovation.
BlockBeats: Parallel EVM is also a trending topic this year. What’s your take on it? Will the Move language compete with Solidity?
Rushi Manche: Parallel EVM is an exciting development in the blockchain space because it enhances Ethereum's scalability and performance. Move and Solidity serve different purposes and can coexist and complement each other. Move’s emphasis on security and expressiveness makes it ideal for building complex smart contracts and high-performance applications, while Solidity benefits from a vast ecosystem and developer community.
At Movement Labs, developers can choose the language that best fits their needs. By implementing the Move Virtual Machine within the Ethereum execution environment, we can significantly increase throughput and empower developers to build new types of Ethereum applications.
Is a Movement Airdrop Coming?
BlockBeats: Many people have been disappointed by recent airdrops. Now, many users are participating in the Movement testnet hoping for a generous airdrop reward. What are your thoughts on airdrops? Will there be a major airdrop for Movement users?
Rushi Manche: Our primary focus is creating value for our users and stakeholders through innovative blockchain solutions. We encourage individuals to engage with Movement Labs based on genuine interest in our technology and vision—not solely for airdrop incentives.
BlockBeats: What advice do you have for those participating in Movement?
Rushi Manche: We support all Web3 builders and are committed to open, collaborative development, leveraging Move’s capabilities to enhance multiple ecosystems.
For more information about Movement Labs and guides on how to participate in our development network, visit: Movementlabs.xyz and follow us on X @Movementlabsxyz and Discord. Stay tuned for upcoming hackathons, bootcamps, global AMAs, live events on X Spaces, and conferences.
BlockBeats: When will the Movement mainnet and token launch?
Rushi Manche: We are currently focused on building and refining our technology stack, including the Move Virtual Machine on Ethereum and our flagship networks M1 and M2. The launch of our mainnet and native token will be a significant milestone, but we don’t have a specific timeline to share yet. We’ll keep the community updated on our progress and provide more details as we approach the launch date.
BlockBeats: What is Movement’s future roadmap?
Rushi Manche: In the short term, developers can expect to see the first Move smart contracts deployed on Ethereum testnets. We will also release a suite of Move tools and resources to support developers. Long-term, we’re working toward a full rollup launch on mainnet—bringing the power of Move to the entire Ethereum ecosystem.
As part of our global expansion strategy, we place strong emphasis on the Asia-Pacific region. We recognize the tremendous potential and talent within the Move developer community here, and we will continue supporting Asian Move developers by providing them with the necessary resources, education, and opportunities to showcase their outstanding work and contribute to the growth of the Move ecosystem.
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