Facebook-Developed MoveVM Gets Closer to Ethereum Deployment With Public Mainnet Beta Launch
Name
Facebook-Developed MoveVM Gets Closer to Ethereum Deployment With Public Mainnet Beta Launch
Description
Movement Labs has launched its Public Mainnet Beta, bringing Move Virtual Machine (MoveVM), closer to Ethereum deployment. Backed by $233 million in liquidity via Cornucopia, the rollout advances Move’s integration into Ethereum Layer 2 alongside Sui and Aptos.
Publish date
8:00am, Monday, March 10, 2025
Referenced by
The technology was subsequently used to create layer-1 networks Sui and Aptos, as well as Movement Labs extending the programming language to develop an Ethereum layer 2
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Blockchain firm Movement's public mainnet is set to launch in beta, continuing the progress toward deploying Movement Virtual Machine (MoveVM) on Ethereum
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Move was developed by Facebook as part of its plans to develop its own digital currency, which was abandoned in early 2022
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