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Movement Network to Launch Independent Layer-1 Blockchain by 2025

The network plans a mainnet migration featuring native token staking, high throughput, and near-instant confirmations by year-end 2025.

MOVE

Summary

Movement Network announced its intention to evolve into an independent Layer-1 blockchain, supporting native token staking and achieving over 10,000 transactions per second with sub-one-second confirmations. The mainnet migration is targeted for completion by the end of 2025.

Terms & Concepts
  • Layer-1 Blockchain: A base network that hosts and validates transactions directly on its own protocol without relying on another blockchain.
  • Native Token Staking: The process of locking up a blockchain's native cryptocurrency to help secure the network and potentially earn rewards.
  • Mainnet Migration: The transfer of a blockchain project from its existing network to its own independent mainnet infrastructure.