Today you can find quite a few blockchains that belong to some kind of global ecosystem. But the Aptos developers took a different path and decided to create a unique level 1 chain, the main features of which are a high level of security and scalability. The new blockchain is aimed at different categories of users: from private investors with small initial capital to developers who will contribute to the development of the ecosystem. At the moment, the project is actively developing, and its team regularly updates the blog and social networks.
The history of the development of the project began long before its appearance in its modern form. Mark Zuckerberg, the founder of the social network Facebook, wanted to create his own cryptocurrency that would be as good as bitcoin and ethereum. But already at an early stage in the development of Libra, his team encountered difficulties: American regulators did not allow the project to be launched. Zuckenberg did not give up trying to create a new cryptocurrency and assembled a team to develop Diem.In the end, the work on the project lasted 4 years, but Diem also had to close. However, this does not mean that the developments will be lost: it was their developers, who assembled Mark Zuckerberg, who used them to create Aptos. This level 1 achievement can become as decentralized, fast and secure as possible.
Network security and capabilities
With the improved topology, peer-to-peer, uplink, and downlink links will be possible. This will make interacting with the data chain more convenient for different types of users. To reduce unnecessary contention in the network stream, a special algorithm will work to monitor and remove irrelevant data.The network will be protected from DDoS attacks, both from downstream nodes and from validators. This is extremely important, since the problem of many current blockchains is low resistance to attacks by intruders. A higher level of security will also be available to users through backup, which will allow you to recover damaged or deleted data.
The improved BFT consensus algorithm will allow you to quickly process transactions. Unlike the same Solana blockchain, Aptos will reduce the waiting time to a minimum. The data processing speed, according to the promises of the developers, can reach 130 thousand transactions per second. It is important to note that the system will analyze every validator in the network. If one of them is inactive for a certain time, the algorithm will replace it with an active one. It is also known that the algorithms will be based on the principle of proof of share.
The developers promise that thanks to a special indexer, a wide presentation of data will become possible. For example, it will be possible to count various transactions or request information about those of interest. A crypto wallet will also be created, thanks to which users will be able to store, transfer to each other and exchange tokens and NFTs. It will support WalletConnect (2.0). Users will have access to documentation on Aptos-core, Aptos Move and Aptos Framework, Aptos + Move CLI. Within the ecosystem, it will be possible to create various nodes, tools and detailed guides from developers will help with this. Users will also have the option to run a standalone testnet.
Who can use Aptos
There are several categories of users who should pay attention to the level 1 blockchain right now:
1. Investors with solid capital
The project promises to be not only successful at the start, but also long-term. This means that everyone who invests in it in the early stages has a chance to earn.
2. Ordinary users in search of sources of passive income
Aptos users will be able to earn by placing their tokens in nodes and regularly receive interest.
3. Developers looking for the optimal platform
Using a unique programming language and user-friendly tools, it’s easy to create next-level DeFi applications.
4. Large companies that need to integrate with a secure and fast blockchain
If the application needs to implement cryptocurrency, Aptos will be a great option in the future.
These are far from all ways to use the 1st level blockchain. Soon a huge ecosystem will appear around it, part of which will be interesting projects with a variety of opportunities.
The Move Language
The team suggested creating their own language to solve the security problem. The Move is not only for writing smart contracts. You can also use it to manage your account, make changes to node settings, adjust commission rates, and add new features. For the opportunity, this is a great opportunity to evaluate how convenient it is and how much it can use the opportunity to create DeFi applications.