Aptos, Dubbed The “Solana Killer” Launch Its Mainnet!

Today, Aptos launched its mainnet, culminating four years of technical development. FTX, a leading exchange investing in Aptos, has already announced that it will list Aptos’ APT token this Wednesday.

Called Solana Killer

This high-profile attempt to create the perfect blockchain for smart contracts, the code that supports NFTs, DAOs, and DeFi, has been dubbed a potential “Solana killer” by many.

“Mainnet has arrived,” tweeted Aptos. 

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The company claims to have handled 130,000 transactions a second in testing, compared with 30 per second for Ethereum.

“This is step one in a long journey to create universal and fair access to decentralized applications for billions of people through a safe, scalable, and upgradable blockchain,” cited to their blog.

An important component of the Aptos ecosystem is Move, the programming language affiliated with Aptos that prioritizes scarcity and access control.

“The Move language has been built, tested, and co-designed alongside the Aptos blockchain over four years. It is natively integrated for safe asset management as well as fast and secure transaction execution,” according to their blog

Bring the Web3 to The Masses

The project wrote on their Medium blog, saying “We welcome everyone to participate in this movement aimed to bring the masses to web3. After more than four years of hard work, hundreds of contributions from builders, and hundreds of diverse community projects across the globe, we arrived at Aptos Mainnet.” 

It is yet to be seen whether Aptos’ method of executing transactions will prove to be a silver bullet, or if it will attract a sufficient number of blockchain developers to integrate it into their projects.

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“Twitter VC ghostwriter” @ParadigmEng420 was unimpressed with today’s Aptos launch, reporting breakdowns in communications, low transaction speeds and questions regarding token allocations.

“Aptos is broken. Aptos launched today – October 17, 2022 at 14:22:40. However, Aptos currently has a lower tps than Bitcoin and a majority of tokens are either staked or ready to be dumped on retail investors,” tweeted the users.

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Jamilatul Mahmudah

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