Revolution in the blockchain area: Movement starts Mainnet Beta!

Revolution in the blockchain area: Movement starts Mainnet Beta!

The Movement Network Foundation today started the Movement Mainnet Beta and the Token Generation Event (TGE) for $ Move with great success, which is a significant progress for the first blockchain-based solution that is based on MOVE technology and interacts with Ethereum. These innovations enable infrastructure providers to implement essential network components such as follow-up nodes and RPC nodes. In this first phase, special emphasis is placed on the synchronization of the network and the validation of security measures. Movement's innovative technology promises faster transaction degrees and thus represents a direct competition with existing Ethereum scaling solutions that often need several minutes to days for confirmation.

With the introduction of $ MOVE token through the MOVEDROP program, the Movement Foundation plans to distribute up to 1 billion tokens to the community. The aim is to build a community-oriented network structure in which token owners actively participate in the securing and management of the network. According to Rushi, some, co-founders of Movement Labs, Movement differs in the connection to the Ethereum blockchain and the opportunity for developers to work on both MOVE and Ethereum-based. Another decisive advantage of the MOVE programming language is your increased security, which is intended to eliminate over 90 % of the most common attack vectors, which forms the basis for safe smart contracts, as in Blog from Movement Labs is.

innovative technologies for the future

The new modules of the Movement Networks, which act as customizable rollups, enable robust interoperability so that different applications can be seamlessly connected. These rollups can be individually configured to meet specific requirements in areas such as Defi or Gaming. The use of the Move technology allows rapidly final confirmation of transactions within the network, which significantly improves the user experience. This progress can be seen, among other things, through the use of so-called atomic cross-chain transactions that enable a safe interaction between different blockchains.

To celebrate the start of the Mainnet Beta, an NFT competition is also launched, in which the community can shape the official work of art to remember this historical moment. The winner is given the opportunity to be the first to be shaped by Movement and also receives a price of $ 1,000.