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Can Aptos, an emerging public chain with a top-level background, become a hot spot in the second half of the year?

Time : 07/07/2022 Author : an84gd Click : + -
        And the investment of top institutions such as binancelabs has filled the expectations of the outside world. Recently, another source revealed that Aptos has discussed a new round of financing with investors, which is regarded as a signal of its ecological construction. Since the launch of the test network in March this year, Aptos has experienced several rounds of testing, and the test network has more than 20000 verification nodes. Data shows that currently Aptos can handle more than 10000 transactions per second. Ideally, the public chain can handle 160000 transactions per second in the future. Aptos' main network is expected to be launched at the end of September. At the current stage, many projects have been developed and deployed based on the test network, including the super parallel CLOB protocol econia, mobile multi sign wallet hive, and the trading application pontemnetwork in the automatic market maker mode.
 
        The last round of encryption asset bull market gave birth to emerging layer1 public chains such as Solana, avalanche, fantom, harmony, etc., presenting a scene in which blockchain infrastructure blooms. During the peak period, the original passes on these public chains increased dozens or even hundreds of times from the low point. Aptos is the most eye-catching presence in the afterwave. Its project background and management matrix can be called the top in the industry. According to the latest news, Aptos' main network is expected to be launched at the end of September this year. In the countdown phase of the main network, this layer1 public chain has begun to frequently enter the vision of the encryption industry.
 
        On July 22, according to sources, Aptos has discussed a new round of financing with investors, and the company's valuation will be $2.75 billion. As the negotiations proceed, the valuation may increase. Seeking new financing implies that Aptos has begun to build strength for the ecological growth of the chain, which is a positive signal for Aptos followers. Before introducing Aptos formally, it is necessary to talk about its special background. Aptos was officially established in February this year, but before that, Aptos team has accumulated a lot of technology. In June 2019, Libra white paper came out, planning to issue a super sovereign digital currency in global circulation, but was eventually forced to give up due to regulatory constraints.
 
        Subsequently, Libra changed its name to diem, and its positioning became a stable currency similar to usdt. Nevertheless, Diem still ended unharmed under regulatory restrictions. At the end of January this year, Diem was sold by meta for about $182million. However, some former members of the Diem project did not give up. They reorganized after leaving meta and placed their new business on Aptos. It should be noted that Aptos deliberately keeps a distance from meta in order to ensure the independence of the project. According to the official team, "since leaving meta, we have been able to put our ideas into practice, abandon bureaucratic red tape, and build a new network from scratch to put them into practice.
 
        Therefore, although Aptos is regarded as the "sequel" of Libra, it has nothing to do with meta anymore. Move is inspired by linear logic &mdash& mdash; This linear logic can define digital assets as resources, which cannot be copied or disappear out of thin air. In the view of insiders, move is a smart contract language for the operation of digital assets. Its static type system can also enable the smart contract code to check most errors through the compiler during the compilation period, so as to make the smart contract more reliable. Aptos believes that layer1 blockchain should take more responsibility for scalability to simplify and mainstream user experience.
 
        Therefore, it does not intend to need layer2 to improve scalability like Ethereum, but to improve network scalability as much as possible in the underlying design. According to its test network data, currently Aptos can process more than 10000 transactions per second. Ideally, Aptos will launch 10000 transactions on the main network. With the emergence of new blockchain application scenarios such as NFT and Dao, the scalability of blockchain has been emphasized by the industry. However, many current blockchains are difficult to make major protocol improvements after startup, so downtime and network forking and other events occur from time to time. Therefore, Aptos paid full attention to the scalability when designing and building blockchain.
 
        The management and configuration of its block verifiers are managed through the status on the chain to facilitate community voting and rapid upgrade. According to reports, Aptos has successfully implemented several major upgrades without downtime in the development process. In terms of development progress, in March this year, Aptos launched a developer testing network to work with strategic partners and the Web3 developer community to collect feedback and improve the move developer experience and move language. In May, Aptos launched the registration of incentive testing network. During this testing phase, Aptos will provide incentives to all participants who help ensure network security. In Aptos' roadmap, the incentive testing network has four rounds, namely "decentralized start", "pledge", "governance and upgrading", and "dynamic verifier topology".
 
        On July 1, the second phase of Aptos incentive testing network opened its registration. At this stage, Aptos team airdropped enough test coins to the selected participants, and the participants who completed the test will receive 500 Aptos tokens. These reward tokens will be issued after the main network is successfully launched, with a lock-in period of at least one year. At present, its test network has reached more than 20000 nodes, making it the largest known proof of interest node community today. Aptos bluntly said that the development of the community far exceeded their wildest expectations. According to the plan, the remaining two phases of Aptos incentive testing network are expected to be completed in the next two months, and by the end of September, Aptos will start the main network.
 
        At the end of June this year, Aptos launched a US $200million ecosystem funding program, which includes six categories: developer tools, SDK, libraries, documents, guides and tutorials; Tools and frameworks for development, governance, DFI and NFT; Core agreement contributions: token standards, libraries, protocol upgrades, etc; Open source and public goods; Educational initiatives; Application. Aptos said that the funds for this ecological support will be allocated in US dollars, but in the future, it may choose to distribute tokens to help stimulate long-term ecosystem growth. Compared with EOS, Eth and other networks that issued tokens for public fundraising before the main network went online, Aptos has not yet announced the economic model and allocation of its main network tokens.
 
        From this point of view, Aptos' priority for public chain development is much higher than that of token issuance. From the perspective of ecological layout, Aptos still focuses on infrastructure construction, and the deployment scenarios are mostly wallet, DEX, loan agreement and other products. It is worth noting that Aptos adopts the move smart contract language, which is incompatible with the DAPP developed by the mainstream market based on the solid language. Therefore, developers need to rewrite the code to establish applications on Aptos. This may slow down the establishment of Aptos ecological application. However, Austin, former marketing director of Solana, recently announced that he would officially join Aptos next month as ecosystem director.
 
        Judging from Austin's past experience, most of his career in Web3 has focused on incubating and expanding global communities, and his experience may bring some help to Aptos' ecological expansion. On the whole, Aptos has a development team with profound technology accumulation and a luxurious capital matrix. Its public chain development and testing are also continuing to advance. At the same time, it has attracted many projects to settle in. These are the factors that make it highly expected by the outside world. As for whether Aptos can meet these expectations, it still needs to be considered after its main online line.
 
        
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