Golden Finance reported that Rushi Manche, co-founder of Movement Labs, revealed the company's key plan: to launch a new mechanism for quick settlement transactions on Layer 2 (L2) networks by the end of 2024. This mechanism will significantly improve transaction efficiency, reducing the confirmation time for Ethereum L2 transactions from the current seconds or even minutes to less than one second, greatly enhancing user experience. At the same time, Manche emphasized that when designing the M2 network, the high throughput requirement was taken into consideration, while still being able to seamlessly integrate with the main Ethereum network for data settlement, ensuring the security and consistency of transactions. This innovation not only attracts more developers to use Move programming language, but also has the potential to drive the development of Layer 2 technology in 2025, bringing revolutionary changes to the blockchain field.