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Move is now primed to grow DeFi

Coin Telegraph LogoCoin Telegraph11h ago

Move is now primed to grow DeFi - Coin Telegraph

Quick Summary:

Real-time verification of the absence of bugsRenowned 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.

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.

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-proofingMove on Aptos is fast and cheap, creating a competitive user experience, especially for decentralized finance (DeFi) applications.

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Article Details

Author / Journalist: Cointelegraph by Alex Nguyen

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 15:00:00 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 750 words

Reading Time: 5 minutes read

Sentences: 38 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27088144

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 273 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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