![]() This is achieved through the parallel execution of transactions. It allows up to 160,000 transactions per second with a low transaction fee while maintaining security. ![]() What is it trying to solve?Īptos is a crypto project that plans to increase the scalability, security, and usability of decentralized finance using blockchain technology. Aptos in a nutshellĪptos is a layer 1 blockchain that is used for decentralized finance and decentralized apps. There are also other applications, like Non-Fungible Token (NFT) which gives you a way to represent something unique in the Ethereum network, and Decentralized Autonomous Organizations (DAOs), which allow you to make communities without centralized leadership. Defi allows you to send money without a centralized authority and dApps enables you to build programs without hosting them in a centralized server. ![]() There are various things the Ethereum blockchain allows you to do. This network is maintained by validators, which are incentivized to do so. Both runs on a decentralized network in the Ethereum blockchain for data storage. Defi is a decentralized alternative to the current banking system, while DApps behave like regular apps but are decentralized. The blockchain technology behind Ethereum is set up in such a way that allows decentralized finance (Defi), decentralized apps (dApps), and other things. Ethereum is the second largest blockchain project and was first developed in late 2013. If you have been in the crypto world for a while, you probably have heard of Ethereum. ![]() In this article, we will go through 3 crypto projects, namely Ethereum, Aptos and Solana. With all the excitement around cryptocurrencies, many developers and traders are looking closely at which crypto projects would be the next big thing in 2022. It went from something that is only talked about among developer communities to an $871 billion industry at its peak. The cryptocurrency industry has blown up over the past couple of years. ![]()
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