Move (Programming Language)

Move (Programming Language) Key Points

• Move is a programming language specifically designed for blockchain transactions.
• Developed by Facebook’s subsidiary, Libra Association, now known as Diem Association.
• Designed to prevent assets from being cloned, ensuring secure and reliable cryptocurrency transactions.
• It allows developers to define custom transaction logic and “smart contracts” that are used to digitally facilitate, verify, or enforce the negotiation or performance of a contract.
• It is used in the Diem Blockchain, formerly known as Libra Blockchain.

Move (Programming Language) Definition

Move is a programming language developed by Diem Association, previously known as Libra Association, a project initiated by Facebook. It is specifically designed for the blockchain environment and aims to facilitate secure and reliable cryptocurrency transactions by preventing asset cloning. It also allows developers to create their own transaction logic and smart contracts, which are self-executing contracts with the terms of the agreement directly written into code.

What is Move (Programming Language)?

Move is a programming language that is purpose-built for the blockchain environment. It is designed for safety and reliability, with features that prevent assets from being cloned. This makes it particularly useful for transactions involving cryptocurrencies, where security is of utmost importance.

Move also allows developers to create custom transaction logic and write smart contracts. These are self-executing contracts with the terms of the agreement directly written into code, eliminating the need for a third party.

Who Developed Move (Programming Language)?

Move was developed by the Diem Association, formerly known as the Libra Association. This is a project that was initiated by Facebook, with the goal of creating a more inclusive financial system by leveraging blockchain technology.

When was Move (Programming Language) Created?

The development of Move started when Facebook announced its blockchain project, Libra (now Diem), in June 2019. The exact date of its completion and launch is not public, but it was part of the initial release of the Libra project in 2019.

Where is Move (Programming Language) Used?

Move is used in the Diem Blockchain, which was previously known as the Libra Blockchain. Its primary function is to facilitate secure and reliable transactions within the Diem network.

Why was Move (Programming Language) Developed?

Move was developed to ensure the secure and reliable execution of transactions in the Diem Blockchain. Its design prevents the cloning of assets, a crucial feature for a system that handles cryptocurrencies. Furthermore, it was developed to allow developers to write custom transaction logic and smart contracts, adding flexibility and functionality to the Diem Blockchain.

How does Move (Programming Language) Work?

Move works by allowing developers to define custom transaction logic and smart contracts, which are then executed within the Diem Blockchain. This programming language uses a resource-oriented approach, where resources (which can represent value, like a currency) are a new type, distinct from traditional data. This unique feature ensures that resources cannot be duplicated or discarded, but can only be moved between storage locations. This prevents asset cloning and ensures secure transactions.