Move Virtual Machine Adopts Celestia, Snowman: Insights from Movement Labs

• Movement Labs Launches M2
• Understanding M2
• Protocol Village: A Glimpse into Crypto Tech
• Version History

Movement Labs Launches M2

Movement Labs has made a significant step forward in the crypto world by launching M2, hailed as the first Move Virtual Machine L2 for Ethereum$2,315 -2.42%, scaled with Celestia as modular DA. This new platform will provide developers with a secure and efficient environment to launch high-performance Move VM rollups, similar to how they would deploy smart contracts.

Understanding M2

M2 integrates various technologies to boost its efficiency and security. It incorporates Celestia for data availability and Snowman for shared sequencing. Meanwhile, the Move Virtual Machine handles execution, boasting impressive capabilities of over 145,000 transactions per second. M2 also offers localized fee markets to address gas spikes, ensuring smooth and cost-effective operations.

Protocol Village: A Glimpse into Crypto Tech

Offering insights into the technological foundations of crypto is Protocol Village, a segment of the newsletter The Protocol, which is distributed every Wednesday. This feature delves into crypto tech, breaking it down one block at a time. Project teams are encouraged to share their innovations and updates to further enrich the understanding of this complex field.

Version History

For those interested in exploring previous versions of Protocol Village, it's possible to review them through the newsletter's archive. This provides a comprehensive historical view of the diverse developments and advancements within the world of cryptocurrency technology.

Edited by Jonathan Stoker