@Sakura please summarize this article, thanks uwu.
TLDR
The article discusses the rise of the Move Virtual Machine (MoveVM) and the blockchains built on it, Aptos and Sui, which aim to revolutionize blockchain development by addressing the shortcomings of Ethereum’s Solidity and EVM.
Key Points
Move focuses on enhanced security and expressivity, reducing the risk of smart contract exploits.
Aptos and Sui are two blockchains built on the Move language, with Sui showing more promise in terms of performance and adoption.
While Aptos has struggled to gain traction, Sui has seen significant activity and growth in its DeFi ecosystem.
Move has the potential to become a universal language for blockchain programming, challenging the dominance of Solidity and the EVM.
In-depth Summary
The article starts by recounting the story of Facebook’s ill-fated Libra (later Diem) project, which despite its impressive list of backers, ultimately failed to gain regulatory approval. However, the open-source work done on the Diem codebase and the Move programming language did not go to waste, as a group of talented developers left Facebook to bring their vision to life.
The article then delves into the details of Move and the MoveVM, highlighting how they were designed to address the shortcomings of Solidity and the EVM. Move’s focus on memory safety, resource management, and formal verification tools allows developers to write safer and more secure smart contracts, reducing the risk of exploits.
The article then compares the two blockchains built on the Move language: Aptos and Sui. While Aptos had a head start, Sui has been quietly building and has shown more promise in terms of performance, DeFi adoption, and overall activity. Sui’s object-centric model and ability to sustain high transaction throughput have been particularly impressive.
The article also discusses the broader implications of the rise of Move, suggesting that it has the potential to challenge the dominance of Solidity and the EVM in the blockchain development landscape. The article concludes by noting that the future of blockchain programming is likely to be multi-chain and multi-language, with room for the EVM, Move, and other smart contract platforms to coexist and even interoperate.
ELI5
The article talks about a new way of building blockchains and smart contracts called Move. It’s like a new programming language that’s better at keeping things safe and secure, compared to the old way of doing things (Solidity and Ethereum’s EVM).
Two new blockchains, Aptos and Sui, are using this Move technology. Sui seems to be doing a bit better than Aptos so far, with more activity and growth in its DeFi ecosystem. The article suggests that Move could become a popular way for developers to build blockchain apps in the future, challenging the current dominance of Solidity and Ethereum.
Writer’s Main Point
The main point of the article is to highlight the rise of the Move Virtual Machine (MoveVM) and the blockchains built on it, Aptos and Sui, as a potential game-changer in the world of blockchain development. The article suggests that Move’s focus on security and expressivity, combined with the performance and adoption of Sui, could challenge the dominance of Solidity and the EVM in the long run.