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Movement Labs will launch Ethereum L2 based on Move VM
2023-11-27 22:12:34
Odaily News Movement Labs announced the launch of M2, This is Ethereums first Move virtual machine L2, extended as a modular data availability (DA) through Celestia, the team said: M2 will enable developers to make smart contracts as easy as to launch a secure, high-performance and high-throughput Move VM rollup. M2 integrates Celestia for DA, Snowman for shared sorting, and Move VM for execution, which is capable of processing more than 145,000 transactions per second and has Localize the fee market to mitigate gas price fluctuations.”