MoveVM Ecosystem

Definition ∞ The MoveVM Ecosystem refers to the collection of blockchain networks and decentralized applications that utilize the Move Virtual Machine. This virtual machine is designed for secure and verifiable execution of smart contracts, emphasizing asset safety and programmability. It provides a distinct programming environment for digital assets.
Context ∞ The MoveVM Ecosystem is gaining prominence as new Layer-1 blockchains, such as Aptos and Sui, adopt the Move programming language and its virtual machine. News often covers developments within these networks, including new dApp launches, protocol upgrades, and developer activity. The ecosystem aims to offer a robust and secure foundation for building next-generation decentralized applications, presenting an alternative to existing virtual machine environments.