Pinned post
Our goated engineers led by @DasYoungy have executed an incredible real-time transition to a new L1 with no hard fork.
Imagine your mechanic swapping out the engine of your car while it's still running and you're still driving it...
Incredible work -- a first for Move-based chains! -- which now provides a sovereign, high-performance foundation upon which we can build The Movement together.
Imagine your mechanic swapping out the engine of your car while it's still running and you're still driving it...
Incredible work -- a first for Move-based chains! -- which now provides a sovereign, high-performance foundation upon which we can build The Movement together.
M1 is live! The future of The Movement begins now.View quoted post on X
For the first time ever, a Move-based blockchain has migrated from an L2 to an L1.
The new Movement layer one, known as "M1", liberates the network from reliance on slow and centralized services from other chains and provides a sovereign stack with lightning-fast speed, decentralized validators, and big new Move features.
Key Upgrades:
- High performance: 500 L2 TPS ➡️ 10,000+ L1 TPS
- A dedicated validator set: true decentralized consensus
- Native $MOVE staking: earn yield while helping to secure the network
- Community-first staking: team and investors cannot stake locked tokens
- Move 2.0: major smart contract language update for next-gen apps
M1 is the dawning of a new era.
Join the People's Chain. Join The Movement.