It's day 467 of my Farcaster journey! I have joined Farcaster on Feb 06 2024 13:25 UTC My 2nd Farcaster birthday is in 264 days How about you? Frame by @nikolaii.eth ๐
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Somnia! Itโs a cool project Iโve been following. Theyโre building a blockchain thatโs all about speed and scale. Think ofโstuff like games, social platforms, and virtual worlds can run smooth without clogging up. Itโs meant to handle millions of users without breaking a sweat. โ They have over 400k transactions per second (TPS), which is wild fast. โ Low fees, tooโI think less than a cent per transaction. โ Sub-second finality for micro-transactions Itโs built on MultiStream Consensus, which lets it process tons of data at once without slowing down. Theyโre also EVM-compatible, so devs can use tools they already know. Somniaโs been picking up steam. Started small but now theyโre getting noticed. Theyโve put up ecosystem fundโ$270M from what Iโve seenโand thatโs fueling their push toward a mainnet launch. Theyโve teamed up with heavy hitters like Improbable and MSquared, uprising, plus others like Quickswap for fast trades and some AI avatar projects.
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Recent developments and updates on movement labs so far Letโs dive in Movement Labs has been making waves in the blockchain space, emerging as a pioneering force with its innovative approach to integrating the Move programming language into Ethereumโs ecosystem as a Layer 2 solution, aiming to enhance security, scalability, and developer experience with its flagship Move Virtual Machine (MoveVM). Itโs ambitious. Itโs bold. Itโs exciting. Recently, the team launched their mainnet beta on December 5, 2024, marking a significant milestone that brought the much-anticipated โMoveDropโ Token Generation Event (TGE) on December 9, 2024, distributing their native $MOVE token to early supporters and testers.
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