a promising blockchain project?

Updated October 05, 2022 at 9:49 am

Today, although blockchains have come a long way in innovation, the world of cryptocurrencies is still plagued with security threats. Aptos crypto is a project that emphasizes this feature. This blockchain has been under development for 3 years and many NFT projects are built on it, as well as simple tokens. What are the technical characteristics that distinguish it from many others? And why is it so promising?

Aptos crypto, a project that wants to overcome Facebook’s Diem

Apto Labs is a Level 1 blockchain under development for 3 years by a team of over 350 developers and engineers from the Diem team. This means that these technicians make their knowledge available to innovate and build Aptos. Created with a new programming language, Move, the same as Diem, offers many new features.

This year the project raised $ 200 million for the first time, then $ 150 million for a second time in July, for a total of 350 million dollarssupported by the exchange FTX.

So why is this a “promising” project?

What are the benefits ?

First of all, its unmatched speed. In fact, the Move language (used by Facebook’s Diem project) has made it possible to develop the possibility of performing 130,000 TPS (Transaction per second).

In comparison, the Ethereum network can run 30 TPS, the difference is truly exorbitant. This feat would also have been caused by the parallel execution process. In theory, this process is faster than serial execution. Therefore, the transaction fees are very small for users.

Infographic - Panckaswap - Crypto BNB

Aptos Crypto uses a multi-chain system. It is the use of multiple blockchains to accelerate transactions. To get an idea of ​​the difference, it is even faster than the Solana blockchain which can perform around 3000 transactions per second!

Side safety, it’s reassuring. In fact, the developers came up with a property rights system on smart contracts. For each of the tokens, developers can define ownership rights and benefits, which perfectly counter piracy. At the same time, it is one of the criteria that represents Aptos’ banner: safety!

Therefore, a hacker who wanted to steal a smart contract simply couldn’t withdraw cash without the developers’ agreements.

Other features will make using the blockchain fun and fast. In fact, developers will develop the ability to have a public name on the public key of your wallet, which will facilitate exchanges. As a user, you will be able to send funds directly to an address which will be displayed with a name, which makes the interface much more familiar.

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Already some opportunities on Aptos?

The innovation offered by this new blockchain is already in the crosshairs of the largest.

Developers don’t waste time. Many projects are built on Aptos crypto, including Apsocointhe first corner of the chain meme.

As an investor, you can therefore be on the lookout for new projects developing in this new ecosystem, be it NFTs or tokens.

Aptos Crypto: APT

It is also possible to “register”. air jetsusing the blockchain protocols on testnet and devnet (which is a network used to experiment with new features.

As the project is in development, the best way to invest in the long term right now is to get paid for using the features. You transact, which allows you to be on a list for possible airdrops.

For example, you need to go to aptoslabs.com, interact and transact with a blockchain wallet, among others Martian wallet, on devnet and testnet. Then, you will need to apply for APT token funds on a blockchain faucet (currency with no real value), to pay the fees for your transactions. The advantage of the Martian Wallet is that it is already integrated! You can directly have 0.001 APT per request on testnet and 1 APT on devnet.

We can also coin a NFT in test network on the souffl3 protocol, which is a market for the sale of NFTs. You should know that currently around 60% of transactions on the Aptos blockchain come from souffl3!

Finally, it would therefore be interesting to observe the evolution of the Aptos crypto project, which could present itself as a long-term high-yield investment opportunity. This project could very well be on the podium of the next bull run!

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