Rushi Manche, co-founder of Movement Labs, said in a post on X that in January, MOVE worth about $314 million will be claimed on the Movement public mainnet. The MOVE tokens of the team and investors cannot be pledged, and all tokens have been completely locked.
Rushi Manche, co-founder of Movement Labs, announced that the company plans to launch a new mechanism to quickly settle transactions on the Layer 2 (L2) network by the end of 2024. This mechanism will reduce the confirmation time of Ethereum L2 transactions to less than one second. Manche also pointed out that Movement Labs' M2 network will ensure high throughput while data settlement with the Ethereum mainnet. The plan is expected to attract more developers to the Move programming language in 2...
On June 27, Movement co-founder Rushi Manche said on social media that the Movement private testnet has been launched to selected teams today.