Here’s How to Participate – CryptoNinjas

Key Takeaways:

• High performance and security: Move Network is a Layer-2 on Ethereum using the Move programming language to achieve high transaction speed at 30k+ TPS and best security compared to other solutions.
• Ecosystem: More than 60 decentralized applications have already been working on testnet, and with support from such leading investment funds as Polychain Capital and Binance Labs, Movement Network is developing a very lively and promising blockchain ecosystem.
• Exciting airdrop opportunities: Join the Binance HODLer Airdrops program, which joins the distribution of the MOVE Tokens, unlocking investment opportunities in this highly promising blockchain project.

Introduction to Movement (MOVE)

Movement is an L2 built on Ethereum using the Move programming language—a language designed by Meta, earlier known as Facebook—to improve the security and performance of the layer. Unlike other L2 solutions, which try to scale transaction throughput by batching a huge number of transactions, parallelization of transaction processing is key to Movement’s strategy for handling a large number of transactions at the same time. This leads to very high transaction speeds of up to 30,000 TPS, far beyond what most existing blockchains can provide.

It’s fast and secure: in Movement, everything is oriented to be secure. For example, Move language has strict resource control features that would prevent most of the most common bugs and vulnerabilities that have appeared in smart contracts. That’s a huge contrast to many other blockchains which are still working on Solidity, the programming language which is known to be rather vulnerable.

Move language of Movement Layer-2

It supports the Move language but also allows backward compatibility with smart contracts written in Solidity, Ethereum’s language, through the Fractal interpreter. The result will be better interoperability between the Move and EVM ecosystems, increasing both accessibility and development for each.

Ecosystem and Applications

The Movement Network ecosystem will be fast-growing to an expansive platform where, all in all, over 60 dApps are already live today on testnet and boast a huge variety of uses among DeFi, gaming, NFTs, etc.—just to name a few. This points to great potential impact for Movement Network further in supporting a multitude of different types of distributed applications. Among the notables building on Movement, take a glimpse at:

• Meridian: building DeFi tools like the Automated…