Econia Labs co-founder: Aptos can realize the true vision of blockchain, the next generation of cloud computing, global DeFi and atomic settlement

Alex, co-founder of Econia Labs, published a long article on the advantages of building applications on Aptos. He said: Aptos focuses on building the best performing blockchain system. Thanks to the massive financial support of the Diem/Libra project, the Aptos code base was originally launched under Facebook and later spun off by a group of engineers determined to put it into production as a public chain. Alex mentioned that the Move code, BlockSTM, consensus mechanism - everything was designed from scratch and optimized at every level for pure performance. Aptos provides atomic settlement guarantees and cleverly leverages decades of database theory. Cutting-edge features such as arithmetic aggregators push the boundaries of traditional databases: for example, parallel transfers of a single account can be made without serial write locks. Aptos foresaw all the expansion bottlenecks that have plagued the industry in the near future: most of its technology stack was developed before the mainnet launch in 2022. In addition, he mentioned that Aptos CTO Avery Ching and CEO Mo Shaikh gave the ecosystem ideological guidance and help. Mo Shaikh promoted the business development of the project globally, attracting not only crypto natives but also the future billion users. Alex said that every time he attended an event, he could see more and more new developers coming to the Aptos ecosystem. They may have been frustrated by building on other blockchains that could not be expanded and were not satisfied with the existing mediocre system design. The high-throughput, low-latency Aptos project has been launched, is being launched, and will continue to be launched. He said: Providing network-scale performance comparable to enterprise-level Web2 services and 99.99% uptime, Aptos may be the first bottom layer that can realize the blockchain vision he believes the industry can achieve: the next generation of cloud computing. He said: “Because I’m not here to promote products on the latest L2 that I know won’t scale, I’m here to build the mother of all chains, the almighty instant distributed state machine. The holy grail is both simple and hard to achieve: global DeFi with instant and atomic settlement. Pour all the data into the data ocean, give me a pointer to the global state, and run it at fiber speeds, that’s all I ask.”