$DEAI has just announced a new partnership with $APTOS
What is $APT ?
Marketcap : 6.33 Billion dollars
Position : 19th
Yes itโs a huge project โฆ ๐ค
Here is a sum-up ๐๐ป
โ Scalability and Performance ๐โโ๏ธ๐จ:
- Aptos is designed to handle a high volume of transactions, with a theoretical capacity of 160,000 transactions per second (TPS). This scalability makes it competitive with other blockchains like Solana, aiming to solve congestion and transaction cost issues seen on networks like Ethereum.
โ Move Programming Language ๐ฃ๏ธ+๐ฅ๏ธ:
- Uses the Move programming language, originally developed by Meta for the Diem project. Move focuses on the security and reliability of smart contracts, making it easier to create secure dApps with efficient resource management.
โ Consensus and Security ๐+๐ค:
- Aptos employs a hybrid consensus mechanism combining Proof-of-Stake (PoS) with a Byzantine Fault Tolerance (BFT) approach, ensuring fast and secure transaction validation. The AptosBFT consensus, based on HotStuff, helps maintain network integrity even with unreliable validators.
โ Accessibility and Usability ๐+๐ฅ:
- Aptos aims to be accessible to a broad audience with features like AptosNames for wallet address customization, and identity management solutions like Aptos Keyless, making blockchain interactions more intuitive for non-technical users.
โ Ecosystem and Development ๐+๐ทโโ๏ธ:
- The project has attracted significant financial backing, raising over $350 million, which reflects investor confidence in its potential. Aptos Labs, its founders, are working on developing an ecosystem for decentralized applications (dApps), NFT solutions, DeFi, and more, with a focus on user experience and security.
โ Utility of the APT Token ๐ช+๐ณ๏ธ:
- The APT token is used to pay transaction fees, for network governance through voting on proposed changes, and can be staked by validators to participate in the consensus.
APT holders can thus play a role in the future direction of the network.
โ Comparison and Differentiation ๐+๐:
- Aptos stands out with its transaction speed (sub-second latency), high throughput, and modular approach allowing updates without network downtime. It seeks to compete with other Layer 1 blockchains by offering superior performance while ensuring security and ease of use.
Aptos positions itself as a next-generation blockchain with the goal of making Web3 technologies more accessible, secure, and efficient, leveraging technical innovations to overcome the limitations of existing blockchains.
No doubt that this partnership will be benefit for @zero1_labs and @Aptos Team in their domains.
This partnership will allow developers within the Zero1 Labs ecosystem to leverage these features, building decentralized AI solutions on top of Aptosโ robust infrastructure.
This is HUGE for the future of the blockchain and for both team๐ฅ๐
