Binance Square
JefferUpUp
@Square-Creator-598e65c0656d
Following
Followers
Liked
Shared
All Content
--
See original
Analysis of the problems of the three major public chain projectsNegative 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.

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.
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

Amlie-Hubert
View More
Sitemap
Cookie Preferences
Platform T&Cs