Explore the world of blockchain-based applications built with Move programming language. Discover innovative projects for payment systems, digital wallets, and smart contracts.
Developed by Meta (formerly Facebook), Move is a programming language tailored for digital assets. Its key features are programming asset functionality, security, flexibility, and composability, providing developers with quality options. The language's main characteristics are first-class resource treatment of program assets, user security assurance, decentralization, flexibility, and the ability to combine contracts. Take a look at some of the top projects using Move language.
Sui is a smart contract platform that utilizes the Move programming language and offers high throughput, low latency, and an asset-driven programming model. With horizontal scalability and instant resolution, Sui enables developers to define complex assets directly on-chain, reducing costs and allowing for unlimited transaction processing. Mysten Labs has released the open-source Sui Developer Kit. SUI has a total supply of 10 billion tokens, with no official release time, and can be used by both users and validators through a proof-of-stake mechanism.
Sui blockchain has a number of variations from the projects described in the article, although using the same programming language. Read our post on How Sui Differs From Other Blockchains to learn more about the distinctions between Sui and other blockchains.
Aptos is a Layer-1 blockchain project that launched its mainnet, founded by former Diem team members and utilizing the Move programming language. The project received investment from prominent investors including a16z, Binance Tiger Global, Katie Haun, PayPal Ventures, Multicoin Capital, Three Arrows Capital, FTX Ventures, and Coinbase Ventures.
Linera is a decentralized protocol that utilizes FastPay and Zef to achieve low-latency blockchain functionality that scales like a Web2 application. In June 2022, the project announced the successful completion of a $6 million seed funding round led by a16z, with additional investment from Cygni Capital, Kima Ventures, and Tribe Capital.
0L Network is a Layer-1 blockchain that prioritizes community management, with members deciding the project's development path. Launched on October 21, 2021, the network has a limit of 100 validators due to the limitations of the BFT mechanism. Network throughput drops significantly after 100-120 nodes, making it necessary to limit the number of verifying nodes to 100.
Starcoin is a blockchain that uses advanced PoW consensus and Move programming language to provide solutions for DeFi, NFTs, and blockchain gaming. Move is used to build secure digital asset protocols, ensuring contract and asset security through formal verification. The mainnet launched in May 2021, and the ecosystem includes wallet, CEX, DEX, mining pool, stablecoin, NFT, and GameFi. The STC token is the main currency used in the Starcoin ecosystem, which can be stored, transferred, and traded via various channels. The project has been running stably for over a year, with plans to launch a Layer2 test network in September 2023.
In conclusion, the Sui programming language is gaining popularity in the blockchain industry due to its focus on digital asset programming, security, flexibility, and composability. Many blockchain projects, including Aptos, Starcoin, and Sui, are leveraging the Move language to create innovative solutions for decentralized finance, non-fungible tokens, and more. As the blockchain ecosystem continues to evolve, it will be interesting to see how the Move language is further developed and utilized in future projects.
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