Movement has announced its transition from a sidechain architecture to a Move-based Layer 1 blockchain, aiming to overcome current performance limitations. The upgrade is set to achieve processing capabilities exceeding 10,000 transactions per second (TPS) with sub-second latency. The new system will introduce the Move 2 language, enhancing support for enumerated types, index notation, and compound statements. The network's consensus and validation will be managed by MOVE token validators, with a non-locking token staking mechanism to boost decentralization and network stability.
Movement Upgrades to Move-Based Layer 1 Blockchain for Enhanced Performance
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