2024: The End Of EVM Dominance | Rushi Manche

Gm! This week Rushi Manche of Movement Labs joins the show to discuss why 2023 was the year of DA & 2024 will be the year of the VM. Enjoy! -- Follow Rushi: https://twitter.com/rushimanche Follow Mert: https://twitter.com/0xMert_ Follow Dan: https://twitter.com/smyyguy -- Try 3 months FREE of Helium Mobile with the code LIGHTSPEEDMOBILE: hellohelium.com Experience a new phone service that uses the Helium Network – a decentralized wireless network built by the people – AND the nation’s largest 5G network. Drastically save costs while you enjoy unlimited talk, text, and data for just $20/month. Plus, you can earn MOBILE tokens for sharing where you use your phone the most. -- Subscribe on YouTube: https://bit.ly/43o3Syk Subscribe on Apple: https://apple.co/3OhiXgV Subscribe on Spotify: https://spoti.fi/3OkF7PD Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- (00:00) Introduction (04:22) Moving Past The EVM (06:22) VM Composability (10:30) Helium Mobile Ad (11:32) 2024: The Year Of The VM (12:56) L1 vs L2 Trade-Offs (16:13) General Purpose vs App Specific Chains (21:38) Zk vs Optimistic Rollups (23:42) App Fragmentation & Interoperability (27:43) Shared Sequencers (33:34) Do L2s Have Staying Power? (37:37) VM Market Penetration: Attracting New Devs to Web3 (38:42) Solana Transactions Dropping Is Bullish (45:12) Scaling Solutions To Watch In 2024 -- Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation. Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.