🍀 After the Monza update, the metrics of @movementlabsxyz are like running year-end KPIs: ⚡️ 10x growth in DEX volume ⚡️ Latency improved by 12x ⚡️ TVL of stablecoins increased by 7x Monza is a major update that allows transactions to be sent through third-party nodes and redesigns the data ordering process. These changes will address issues related to network stability and latency, benefiting users and developers alike. ⚡️ The latency of Movement has been reduced from about 12 seconds to around 1 second. This significant improvement is the result of redesigning the DA. ⚡️ Previously, transactions were recorded in a block, then that block was recorded in Celestia, read back, and sent to MoveVM. With Monza, many operations will be performed simultaneously, which shortens the time significantly. ⚡️ Now, transactions can also use third-party nodes to send, reducing dependence on a single node, making it more decentralized. Don't forget the program...
The numbers don't lie: Monza made Movement sexy.
Our June upgrade has massively boosted performance and adoption ⚡
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