According to Odaily, Alex, the co-founder of Econia Labs, has recently published an extensive article discussing the benefits of building applications on Aptos. He stated that Aptos is dedicated to constructing the best-performing blockchain system. Initially launched under Facebook, Aptos received substantial financial backing from the Diem/Libra project. It was later spun off by a group of engineers determined to put it into production as a public chain.
Alex highlighted that everything from Move code, BlockSTM, and consensus mechanism was designed from scratch for pure performance and optimized at every level. Aptos provides atomic settlement guarantees, cleverly utilizing decades of database theory. Cutting-edge features such as arithmetic aggregators have pushed the boundaries of traditional databases. For instance, parallel transfers for a single account can be made without the need for serial write locks.
Aptos foresaw all the recent expansion bottlenecks troubling the industry, with most of its tech stack developed before its mainnet launch in 2022. Alex also mentioned the guidance and support provided by Aptos CTO Avery Ching and CEO Mo Shaikh. Mo Shaikh has been driving the project's business development globally, attracting not only crypto natives but also future billion users.
Alex noted that every time he attends an event, he sees more and more new developers coming to the Aptos ecosystem. These developers may have been frustrated by building on other unscalable blockchains and are dissatisfied with the existing mediocre system designs. The high-throughput, low-latency Aptos project is under construction. Alex stated that Aptos, offering network scale performance comparable to enterprise-level Web2 services and 99.99% uptime, could be the first to realize what he believes the industry can achieve with blockchain: the next generation of cloud computing.