Aptos is a Layer 1 blockchain that utilizes a unique smart contract programming language called Move. Developed by the engineers behind Diem (formerly known as Facebook's blockchain project), Move is a Rust-based language. The goal of Aptos is to bring mainstream adoption to web3 and enable an ecosystem of DApps to solve real-world problems. The blockchain's Proof-of-Stake consensus mechanism allows for a theoretical transaction throughput of over 150,000 transactions per second through parallel execution. This is significantly higher than Ethereum's mainnet, which can process around 12 to 15 transactions per second.
This high throughput is made possible by the use of a parallel execution engine (Block-STM) and a Byzantine Fault-Tolerant (BFT) PoS consensus mechanism. Unlike traditional blockchains that process transactions sequentially, Aptos processes all transactions simultaneously and validates them afterwards. Transactions that fail are either re-executed or aborted, thanks to the blockchain's software transactional memory libraries, which detect and manage conflicts.
Aptos is also built using Move, a new smart contract programming language that offers advantages over Solidity, the EVM-based programming language. This includes blockchain commands that can be easily verified, modification of private keys and a modular design of Aptos. The network's upgradeability and configurability allow for new use cases, and its natively-implemented sharding feature provides horizontal throughput scalability, resulting in a better user experience.
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🤟 Rebalancing Info 01.12.2023 🤟
Strategy Performance November: +13% 📈
Winner November: $AVAX + 84% 🚀
Loser November: $BCH -7% ↘️
Every month I rebalance the strategy back to 4% each of the Top25 crypto coins without Stablecoins or wrapped Token.
There has been 2 changes in the Top25:
23x Rebalanced
2x New: $CRO $RUNE
Everything is rebalanced back to 4% each.
🤟 www.crypto-index-25.de 🤟
SK Telecom, the nation’s premier mobile operator, has announced a partnership with $APT and Atomrigs Lab to enhance their T wallet service, branching out from Ethereum to explore a non-EVM blockchain for the first time. This collaboration underscores a growing trend among traditional companies embracing the decentralized wave, recognizing the potential in providing a seamless connection between users and the burgeoning dApp ecosystem.
Yet, as South Korea continues to carve out a niche in the digital economy, its judicial system grapples with an uptick in crypto-related crimes. The nation's prosecution units are reportedly overwhelmed by cases as scams and fraudulent schemes proliferate in the crypto space, highlighted by the investigation into Terraform Labs and the recent police action against multi-million dollar crypto scams.
🤟 Rebalancing Info 01.11.2023 🤟
Strategy Performance Oktober:+13% 🚀
Winner Oktober: $SOL+105% 🚀🚀
Loser Oktober: $MKR -15% 😒
Every month I rebalance the strategy back to 4% each of the Top25 crypto coins without Stablecoins or wrapped Token.
There has been 1 change in the Top25:
1x Out: $MKR
24x Rebalanced
1x New: $APT
Everything is rebalanced back to 4% each.
🤟 www.crypto-index-25.de 🤟
