With a secret sauce hidden in the gut of Meta and a mission to provide “the most secure and most scalable layer 1 blockchain”, Aptos today marks the culmination of four years of technology development and a $1 billion valuation. We launched the mainnet. Major exchange FTX, an investor in Aptos, already announced We are planning to list APT tokens for Aptos on Wednesday.
Dubbed by many as a potential “Sorana Killer”, Aptos is the latest high-profile attempt to build the best blockchain for smart contracts, NFTs, DAOsWhen DeFi.
Ethereum has made a big leap following the merger, but the challenger is Solana We are making inroads with faster transaction speeds. occasional blackouts This has also opened the door for new players like Aptos.
In 2019, Meta (then Facebook) was working on its own blockchain project. Libralater renamed to DiemPressure from government regulators (and much criticism from the cryptocurrency community) has forced the tech giant to shelve the projectBut developers saw value in that key differentiator.Parallel executionor how to sequence and combine transactions to speed up the process.
In our tests, Aptos Claim We are processing 130,000 transactions per second, compared to 30 per second on Ethereum.
Also key to the early Aptos ecosystem are affiliates. Move programming languageprioritizing rarity and access control.
Leading up to its launch, Aptos has caught the attention of VCs. $200 million strategic round From big players like Andreessen Horowitz in March, $150 million Series A round It was led by FTX earlier this summer. Raising a large amount of venture capital in a short period of time has spawned rumors among some of his Web3 circles that investors are ditching her Solana for her Aptos.
Aptos also chose Anchorage Digital as one of them. Priority Institution Manager Last month, following years of collaboration. Diogo Monica, co-founder and president of Anchorage, previously provided About the Diem Technical Steering Committee.
Aptos called today’s launch a milestone in “a move aimed at bringing the masses into Web3.”
We are proud to be here together for the sake of the people, said the project. I have written in medium. This is the first step in a long road to creating universal and fair access to decentralized applications for billions of people through a secure, scalable and upgradable blockchain.
Only time will tell if Aptos’ approach to executing transactions will prove to be a silver bullet, or attract a sufficient community of blockchain developers to build using Aptos and its own language. increase.
Aspiring to be a Twitter VC ghostwriter @ParadigmEng420 was unimpressed with today’s launch, reporting communication disruptions, lower than promised transactions per second, and questioning the allocation of Aptos tokens.
However, Singapore-based blockchain engineer and venture leader Siddhanjay Godre praised the launch, saying that Aptos’ parallel execution model and very strong community “will likely compete with ETH.” [the] Near future. “
With today’s Aptos launch, many developers are waiting for the pending Aptos launch. Sui BlockchainIt also uses the Move language and shares much of Aptos’ DNA. But skeptics and Solana supporters are already gearing up for battle.
Stay on top of crypto news and get daily updates in your inbox.