TechFlow news: Movement is the first integrated blockchain network designed specifically for speed and security. By building the first MoveVM L2 on Ethereum, Movement enables parallel execution and formal verification at the execution layer, effectively scaling applications. Application-specific chains and protocols launched on Movement benefit from uniquely high throughput and complete smart contract security, while remaining on Ethereum for optimal liquidity and security.
"We are excited to participate in the investment in Movement Labs. Movement is a modular EVM-compatible network based on the Move language, leveraging Move to optimize the security and performance bottlenecks of Solidity, combining the security and parallelism of Move smart contracts with the liquidity and user base of EVM to create a faster, lower-fee, more flexible, and compatible Layer 2 network. The design of its M1 and M2 products empowers developers to build and deploy modular frameworks of Move-based infrastructure, applications, and blockchains in any environment, driving large-scale adoption and development of the Move language," said Dora, founder of OKX Ventures.
