WuBlockchain - Opinion: Aptos came at the wrong time
Author: Joey Wu WuBlockchain Aptos makes an impressive entrance, and like Solana, it uses a new consensus protocol and pursuits high TPS. In fact, in terms of programming language alone, Move does have some advantages in terms of improved performance and higher code security, making it the smart contract programming language with the most potential to build an ecosystem like Solidity, or even surpass it. If Aptos had come online two years ago or even earlier, I would have been very excited about it, but it's probably not the right time. Composability The composability of programming languages is an important factor in building a blockchain DApps ecosystem, and a highly composable language is conducive to establishing interoperability between applications. Move was initially designed as a smart contract programming language for Libra with different application scenarios in mind. The Move team is reportedly experimenting with running Move on EVM, which, while losing the ability to pass resources between contracts, helps the Move ecosystem scale and the integration of the Move and Solidity ecosystems. One of the problems with Solidity interacting with the chain through commands is that the EVM ecosystem is completely tied to the chain, and running the ecosystem requires simulating a chain environment, which limits Solidity's ability to expand to other scenarios. Move has an inherent advantage in extending the application scenario. Solidity meets most of the current needs for a smart contract language, which is considered by developers to be used only on the blockchain, similar to a stored procedure script in a database, while Move seeks to extend the smart contract programming language to other application scenarios, making it a general-purpose programming language, which is beyond the needs of most developers. The split liquidity As a monolithic chain, the biggest advantage of Aptos is that all applications are in the same layer and they are extremely composable with each other, which is one of the major advantages of Solana. But the fact is that we can't create a perfect blockchain, we can only build a framework first and then keep improving the parts, which is why the current blockchains are going in the direction of modularity, such as Rollup technology. These blockchains separate different layers so that the parallel layers do not affect each other and developers can optimize the different layers one by one. The future blockchain architecture must be modular, and technology providers in the public chain industry should focus on how to provide buildable Lego for the blockchain architecture, rather than obsessing about developing the best public chain. So I think the next bull market for the public chain industry is modularity, but Aptos is still looking for better performance, a better programming language or a better consensus protocol, which is a bit outdated. I don't deny that Move has the potential to surpass Solidity as a better blockchain language, but if programmers are enthusiastic about it, then there are bound to be better languages than Move in the future. Do we have to start building an ecosystem from scratch every time a new language or consensus emerges? Look at how fragmented on-chain liquidity is now, and how much users care about who can bring it together. Aptos founder Mo Shaikh has said he is considering supporting Ethereum development languages, including Solidity, on his network. However, the only information released by Aptos so far is the source code, and since Move and Solidity are very different in terms of language structure, whether or not they can achieve EVM compatibility will be an important factor in determining Aptos' future. References:https://jolestar.com/why-move-1/ Follow us Twitter: https://twitter.com/WuBlockchain Telegram: https://t.me/wublockchainenglish If you liked this post from Wu Blockchain, why not share it? |
Older messages
TSE Sponsored:Global Crypto Mining News (Aug 22 to Aug 28)
Monday, August 29, 2022
1. As reported by rferl.org, Iranian authorities have announced the seizure of 9404 illegal cryptocurrency mining devices in Tehran since the end of March.Kambiz Nazerian, head of Tehran Electricity
Weekly Project Update:BendDAO's liquidity crisis, Synthetix、MakerDao、Ethereum's new proposals, and Top 11 Projects…
Saturday, August 27, 2022
Author:Mingyao Editor:Colin Wu 1、BendDAO faced a liquidity crisis and proposed BIP#10 to amend the Liquidation Threshold implementation schedule. Link Summary:Due to the depressed NFT market, BendDAO
WuBlockchain Weekly:Account Freeze、BendDAO、OFAC's Sanction Related、Mainnet Merge and Top10 News
Friday, August 26, 2022
Top10 News 1、FTX advises users not to use mixing service FTX recently froze the account of a user who sent money to Aztec's zkmoney. The official customer service replied that Aztec Connect-Aztec
Binance Helps Law Enforcement Agencies Ban Chinese Accounts Brings Controversy
Thursday, August 25, 2022
Author:Colin Wu Recently, some Binance users in the Chinese community found that their accounts were temporarily suspended due to requests from some law enforcement agencies. The screenshots spread
TSE Sponsored:Global Crypto Mining News (Aug 15 to Aug 21)
Monday, August 22, 2022
1. The latest sell-off by BTC miners could force the price down in the short term, CryptoQuant analysts said in a research note. The data shows that miner reserves have been slowly increasing during
You Might Also Like
What is DeFAI? The AI-enabled DeFi narrative looking to take 2025 by storm
Wednesday, January 15, 2025
AI-driven DeFi projects aim to simplify finance with real-time insights, trading, and personalized strategies, but face hurdles in transparency and security. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈Solana’s daily DEX trading volume beat Ethereum’s by 84%; Sony launched its L2 blockchain, …
Wednesday, January 15, 2025
Solana's daily DEX trading volume beat Ethereum's by 84%. Sony launched its L2 blockchain, Soneium. Compound integrated Ethena's stablecoin and Mantle's liquid staking token. ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈Solana’s daily DEX trading volume beat Ethereum’s by 84%; Sony launched its L2 blockchain, …
Wednesday, January 15, 2025
Solana's daily DEX trading volume beat Ethereum's by 84%. Sony launched its L2 blockchain, Soneium. Compound integrated Ethena's stablecoin and Mantle's liquid staking token. ͏ ͏ ͏ ͏ ͏
OKX Founder's Full Speech: "Always Hold Bitcoin"
Wednesday, January 15, 2025
January 14, 2025, OKX CEO Star delivered a speech via video link. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
JPMorgan believes Solana, XRP ETPs could attract $15 billion in net inflows
Tuesday, January 14, 2025
Both assets register $2.5 billion in assets under management currently, with a little over $500 million in inflows registered last year. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Coin Metrics’ 2025 Crypto Outlook
Tuesday, January 14, 2025
Key Trends & Outlooks Shaping Digital Assets in the Year Ahead ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin’s sharp rise and fall starts week with $418 million in liquidations
Monday, January 13, 2025
Crypto positions unwind with $245M in longs liquidated across major exchanges. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
₿ US-based entities hold 65% more BTC reserves than non-US entities; Crypto.com launched stocks and ETFs trading i…
Monday, January 13, 2025
US-based entities hold 65% more BTC than non-US entities; Crypto.com launched stocks and ETFs trading in the US; South Korea is reportedly planning to gradually allow institutional crypto trading ͏ ͏ ͏
Crypto Crash Imminent As US DOJ Sells Over 69K BTC
Monday, January 13, 2025
Monday Jan 13, 2025 Sign Up Your Weekly Update On All Things Crypto TL;DR Crypto Crash Imminent As US DOJ Sells Over 69K BTC Senator Lummis To Head New Crypto Subcommittee Dogecoin Fails To Break
2024 Cex Annual Report: Binance's lead narrowed, while Bybit spot and Bitget contracts grew significantly
Monday, January 13, 2025
In December, major exchanges recorded a 14% increase in spot trading volume, with Bitget leading at 102% growth, and a 6% rise in derivatives trading volume, where Gate saw the largest increase at 111%