Source: news.google.com
Aptos (APT) co-founder says there will be a lot of innovation in the ‘Solana killer’ blockchain project in 2023.
In a new interview with cryptocurrency influencer Scott Melker, Aptos CEO and co-founder Mo Shaikh says that blockchain will see significant development next year, especially for decentralized finance (DeFi).
“There are some really cool DeFi things coming out soon that take advantage of not only things like Move, but also parallel transaction processing. So, you know, central limit order books, AMMs (automated market makers), DEXs (decentralized exchanges) – all these things will be really great to keep an eye on Aptos. Those will be drastic changes in innovation relative to anything we’ve seen in the previous generation of blockchain. So we’re looking forward to all of that.”
The Aptos chain uses a programming language called Move, which was originally created for Diem, the abandoned Meta crypto project. Aptos aims to further Diem’s original goal of creating a fast and scalable blockchain.
Shaikh also says that Aptos was built with billions of users in mind, which attracts larger entities.
“The other thing we focused on was, well, it was a little frustrating to hear big companies talk about Web3, but not really do anything. And in part that was because, [they thought] ‘Well, we’re going to do a little pilot and some testing here, but we know this doesn’t really work for millions of people. So we don’t risk pushing all of our users down to these two or one layers.
In our early days at Meta, we were primarily building for billions of people. So we had taken that approach to protect over three billion users. When we started having conversations with people like Google and Npixel, which is a triple A game studio in Korea that has over 10 million users, those people saw what Aptos can do for their users and really innovate within their organization.
So all those people have started building on top of Aptos. Web3 users are creating innovative new products on Aptos, things they couldn’t do on existing blockchains. And the large entities and enterprises that were… excited about Web3, but not comfortable, are now building out Web3 in a significant way, and we’re excited to see all of those use cases come to life now and in 2023.”
At the time of writing, Aptos is changing hands at $3.24, more than 40% down from the month’s high of $5.43.
EITHER
Check Price Action
follow us TwitterFacebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investment in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are at your own risk, and any loss you may incur is your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and The Daily Hodl is not an investment adviser. Please note that The Daily Hodl is involved in affiliate marketing.
Featured Image: Shutterstock/Mia Stendal
Read More at news.google.com