Move is now primed to grow DeFi

CointelegraphPubblicato 2025-03-16Pubblicato ultima volta 2025-03-18

Introduzione

This verification relies on two key features of Move on Aptos: (1) “backward compatibility” and (2) the concept of an “auditor at runtime.”

Opinion by: Alex Nguyen, CEO at VibrantX


The Move programming language’s origin is not super cypherpunk. Facebook (now Meta) created Move after the Libra/Diem team compared major smart contract languages (Bitcoin Script, Ethereum Virtual Machine bytecode languages) and decided their formidable in-house tech talent could make a new language built on years of private and public sector research.


The original team, including founders Mo Shaikh, Avery Ching, and their engineering team, left Facebook to continue as a fully independent, open-source project headed up by Aptos Labs and supported by the Aptos Foundation.


Importantly, Meta’s failed Libra experiment left us with a programming language specifically designed for crypto finance. Move on Aptos is now open-source, and the Aptos Foundation is a commercially driven organization that welcomes builders from all backgrounds.
Move is now the best programming language for verifying the absence of bugs and checking for modifications and leaks, which is how most blockchains get hacked.


This verification relies on two key features of Move on Aptos: (1) “backward compatibility” and (2) the concept of an “auditor at runtime.”


Backward compatibility means future-proofing


Move on Aptos is fast and cheap, creating a competitive user experience, especially for decentralized finance (DeFi) applications. Aptos aims for a high transaction throughput, with theoretical capabilities reaching up to 160,000 transactions per second (TPS) through its parallel execution engine, Block-STM.


Aptos’ sub-second finality means transactions are confirmed quickly, enhancing the user experience in time-sensitive applications.


To be fair, other chains also have these qualities. Move on Aptos is, however, designed to be “backward-compatible.” 


Future upgrades won’t disrupt existing projects. This helps developers feel more confident building long-term solutions without worrying about things breaking because of a Move upgrade. 


Move smart contracts are designed to be upgradeable without affecting the user experience, which is essential for mainstream adoption. This enables teams to implement bug fixes and new features with zero disruption. 

Smart contract flexibility through Move on Aptos’ specific security features results in better and faster product shipping. Being more flexible, Move on Aptos can quickly adapt to support new ecosystems.


“Bytecode” verification prevents leaks


Solidity contract hacks have been prevalent over the years. When building Web3 technology for markets worth billions or even trillions of dollars, it’s crucial to have a security system that will protect projects from resource leaks, invalid memory access and other unauthorized modifications. 


As it was initially developed for Meta’s Diem project, Move is designed for safety, resource management and performance, making it attractive for developers looking for a secure yet robust language for smart contracts.


When deploying code using Move, the code will be verified across several crucial coding conditions like proper resource management, type correctness and reference safety. No matter what happens to the code, it will be verified first to prevent any faulty or malicious smart contracts from running. 


This is the power of Move’s built-in bytecode verification.

Real-time verification of the absence of bugs
Renowned computer science pioneer Edsger Dijkstra noted, “Program testing can be used to show the presence of bugs, but never to show their absence!” 


Move’s formal verification capabilities let developers actually prove that there are no bugs in specific code according to preset specifications. 


MoveVM is less battle-tested than Ethereum’s virtual machine, but as Rushi Manche, founder of Movement Labs, has explained, Move requires much less code auditing. The MoveVM runtime can act as an “auditor at runtime.”


The verifier inside the MoveVM ensures that the transaction code is not harmful and that it cannot create, duplicate or destroy resources not allowed by the signer(s) of the transaction. In other words, MoveVM is an “auditor at runtime” rather than a human smart contract auditor. 


Today, Move on Aptos is more than just a smart contract language. Move on Aptos is the longest-standing, most recognized and widely used version of Move, boasting one of the fastest-growing developer communities and a rapidly growing ecosystem of infrastructure, tooling and projects.


Quickly verifying code before deployment created the conditions for the Move on Aptos ecosystem. From a flawed Web2 beginning, Move is now primed to grow DeFi.


Opinion by: Alex Nguyen, CEO at VibrantX.


This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

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From Mining Pool to Mars: Why Is Wang Chun in the SpaceX Cockpit?

Title: From Mining Pool to Mars: Why Wang Chun is in the SpaceX Cockpit? When SpaceX announced that Wang Chun, co-founder of F2Pool, would command the first commercial crewed interplanetary mission, many were shocked. Why would a Bitcoin mining pool founder be on a Mars mission roster? However, understanding Wang Chun's journey over the past decade and the deepening ties between the crypto industry and SpaceX reveals this is not accidental, but an inevitable result of a new era taking shape. Today's Mars plan is no longer just a space engineering project; it is evolving into a civilization-upgrading experiment driven by global tech capital, AI, computing power, energy, and the crypto economy. Wang Chun stands precisely at the intersection of these forces. Part 1: From F2Pool to SpaceX – Wang Chun's Leap F2Pool, founded when Bitcoin was still niche, is one of the earliest large-scale mining pools and once held a significant share of global Bitcoin hash rate. Wang Chun belongs to the first generation of Chinese Bitcoin advocates and infrastructure builders—idealists and engineers who believed in a new value network independent of traditional finance. Miners like him built the hardware, energy, and computing power foundational to decentralized networks. This aligns with the long-term, high-engineering, future-oriented vision required for space civilization. Elon Musk’s space endeavors value such long-term builders over mere capital players, which explains Wang Chun's entry into the SpaceX ecosystem. Part 2: Why Crypto and SpaceX Are Growing Closer The core of global tech competition is shifting from internet applications to next-generation infrastructure. Both crypto and SpaceX are part of this. SpaceX's goal is to drastically reduce space access costs. If successful, it could enable orbital servers, space-based energy, global satellite internet, and Martian bases. These new frontiers will require new payment systems, value networks, and global financial architectures. Cryptocurrencies, inherently global and trustless, are poised to become key to off-planet economies. Moreover, crypto and SpaceX share a high-risk, long-termist ethos—believing in ambitious, world-changing goals despite early skepticism. Part 3: Human Spaceflight Enters the Commercial Era Space exploration, long dominated by state actors, is now being transformed by commercial entities like SpaceX. Wang Chun's involvement signifies that future deep-space participants may include not just career astronauts, but also entrepreneurs, engineers, and AI researchers. This mirrors the Age of Exploration, where commercial capital eventually drove global expansion. Wang Chun has emphasized that Mars colonization must not be delayed for future generations, countering a potential over-focus on nearer-term, commercial lunar projects. His presence symbolizes how new capital, technical communities, and idealists from the crypto world are now entering the interstellar age. In summary, the true significance is not an individual's journey to Mars, but the shift in the driving force of human civilization expansion from state machinery to tech companies, AI systems, and global technology capital. Wang Chun's path—from mining pool to Mars, from the Bitcoin network to starships—may be a preview of technological civilization's evolution in the coming decades.

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From Mining Pool to Mars: Why Is Wang Chun in the SpaceX Cockpit?

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