Analysis of the problems of the three major public chain projects
Negative content of the three public chain projects Aptos, Sui, and Solana: Apts
• Centralization issue: Aptos is extremely centralized, with a highly centralized consensus managed by a small number of people. Its 101 validators are all personally selected by Aptos Labs/Foundation, and they need to sign an arbitration agreement in the Cayman Islands to participate, which is inconsistent with the concept of blockchain decentralization.
• Exaggerated performance: Aptos claimed that it could process more than 100,000 transactions per second, but in reality it could only process about 4 transactions per second. The transaction speed data it published was seriously inconsistent with the actual situation, and there was a suspicion of misleading investors.
• Uneven distribution of tokens: The Aptos team and internal personnel own 80% of the tokens, and the tokens that can be traded on the market account for a very small proportion. This highly centralized token issuance model has caused investors to worry about the fairness of the project and its future development.