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Facebook-Developed MoveVM Gets Closer to Ethereum Deployment With Public Mainnet Beta Launch

Movement’s public mainnet is launching in beta, bringing Movement Virtual Machine (MoveVM) closer to deployment on Ethereum. The mainnet will utilize over $233 million in BTC, ETH, and MOVE assets raised through the Cornucopia program, enabling smart contracts and network usage for developers. Originally developed by Facebook for a digital currency project, the technology has since evolved to support layer-1 networks Sui and Aptos, and now extends to an Ethereum layer 2.

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