(Source:@movementlabsxyz)
The design concept of Movement Network is based on the Move programming language, which is a secure programming language developed by the Facebook team specifically for smart contracts, emphasizing asset ownership and security. The uniqueness of Move lies in representing assets as resources and preventing asset duplication and tampering through a powerful ownership model, making smart contract development simpler and more secure. Movement Network has three core technical components:
1. MOVE Executor
Move Executor is the core execution component of Movement Network, supporting bytecode of MoveVM and EVM. Developers can deploy existing Ethereum application code and enjoy the high-performance features of the Move language. Move Executor also has parallel execution capabilities, significantly improving transaction processing speed.
2.Fast Finality Settlement (FFS)
FFS modules settle quickly through a group of decentralized validators, avoiding high proof computation costs like ZK-Rollups and eliminating the need for a long challenge period. FFS provides instant transaction finality, reducing the risk of cross-chain transaction delays.
3.Decentralized Shared Sequencer
The decentralized shared sorter is a transaction sorting mechanism independent of L1, allowing seamless transaction sorting and clearing between different chains, not only improving the fairness of transactions, but also enhancing the network's ability to resist censorship.
The technical design of the Movement Network focuses on scalability and security, with a division of labor among the four major modules of data availability (DA), sequencing, execution, and settlement.
As the native asset of Movement Network, the MOVE token is not just a payment tool, it will deeply participate in multiple key functions of the network. The following is the distribution of MOVE tokens:
(Source: Movement Network)
In May 2025, Movement Network was involved in a market manipulation incident involving co-founder Rushi Manche, stemming from an undisclosed market maker transaction involving 66 million MOVE tokens, accounting for 5% of the total supply. The trading allowed market makers to sell off a large amount after listing, causing a sharp decline in MOVE prices and leading to accusations of market manipulation and insider trading.
Movement later announced the dismissal of Rushi Manche and stated that it will continue to develop under a new leadership team, and establish a new company Move Industries to reshape the brand image. Although this incident has come to an end, it has significantly impacted the market confidence in MOVE.
(Source:@movementlabsxyz)
Movement Network is currently dedicated to restoring market confidence and strengthening technological development. The new management team is focused on enhancing governance transparency, expanding technological applications, and accelerating the development of the ecosystem. The establishment of Move Industries represents a determination for a fresh start and will accelerate the implementation of DeFi and cross-chain applications worldwide. In the future, Movement Network plans to enhance interoperability with mainstream blockchains, and introduce more institutional participation to increase market depth and liquidity. With the continuous expansion of DeFi, Movement's high-performance architecture is expected to become a key player in the market.
Start trading MOVE spot now:https://www.gate.com/trade/MOVE_USDT
Movement Network demonstrates the possibility of achieving efficient blockchain applications through the Move language, and is actively adjusting to overcome past challenges. With the drive of a new leadership team and technological advantages, Movement is accelerating towards a future of globalization and cross-chain expansion.
(Source:@movementlabsxyz)
The design concept of Movement Network is based on the Move programming language, which is a secure programming language developed by the Facebook team specifically for smart contracts, emphasizing asset ownership and security. The uniqueness of Move lies in representing assets as resources and preventing asset duplication and tampering through a powerful ownership model, making smart contract development simpler and more secure. Movement Network has three core technical components:
1. MOVE Executor
Move Executor is the core execution component of Movement Network, supporting bytecode of MoveVM and EVM. Developers can deploy existing Ethereum application code and enjoy the high-performance features of the Move language. Move Executor also has parallel execution capabilities, significantly improving transaction processing speed.
2.Fast Finality Settlement (FFS)
FFS modules settle quickly through a group of decentralized validators, avoiding high proof computation costs like ZK-Rollups and eliminating the need for a long challenge period. FFS provides instant transaction finality, reducing the risk of cross-chain transaction delays.
3.Decentralized Shared Sequencer
The decentralized shared sorter is a transaction sorting mechanism independent of L1, allowing seamless transaction sorting and clearing between different chains, not only improving the fairness of transactions, but also enhancing the network's ability to resist censorship.
The technical design of the Movement Network focuses on scalability and security, with a division of labor among the four major modules of data availability (DA), sequencing, execution, and settlement.
As the native asset of Movement Network, the MOVE token is not just a payment tool, it will deeply participate in multiple key functions of the network. The following is the distribution of MOVE tokens:
(Source: Movement Network)
In May 2025, Movement Network was involved in a market manipulation incident involving co-founder Rushi Manche, stemming from an undisclosed market maker transaction involving 66 million MOVE tokens, accounting for 5% of the total supply. The trading allowed market makers to sell off a large amount after listing, causing a sharp decline in MOVE prices and leading to accusations of market manipulation and insider trading.
Movement later announced the dismissal of Rushi Manche and stated that it will continue to develop under a new leadership team, and establish a new company Move Industries to reshape the brand image. Although this incident has come to an end, it has significantly impacted the market confidence in MOVE.
(Source:@movementlabsxyz)
Movement Network is currently dedicated to restoring market confidence and strengthening technological development. The new management team is focused on enhancing governance transparency, expanding technological applications, and accelerating the development of the ecosystem. The establishment of Move Industries represents a determination for a fresh start and will accelerate the implementation of DeFi and cross-chain applications worldwide. In the future, Movement Network plans to enhance interoperability with mainstream blockchains, and introduce more institutional participation to increase market depth and liquidity. With the continuous expansion of DeFi, Movement's high-performance architecture is expected to become a key player in the market.
Start trading MOVE spot now:https://www.gate.com/trade/MOVE_USDT
Movement Network demonstrates the possibility of achieving efficient blockchain applications through the Move language, and is actively adjusting to overcome past challenges. With the drive of a new leadership team and technological advantages, Movement is accelerating towards a future of globalization and cross-chain expansion.