BTC $64,318.91 +2.36%
ETH $1,907.46 +1.73%
BNB $604.71 +0.53%
XRP $1.00 +1.01%
SOL $75.93 +1.82%
TRX $0.3309 -0.02%
DOGE $0.0702 +0.90%
ADA $0.1744 -0.66%
BCH $204.63 +0.40%
LINK $9.47 +0.88%
HYPE $59.61 +4.04%
AAVE $89.14 +3.83%
SUI $0.6751 +0.90%
XLM $0.1575 +0.91%
ZEC $515.29 +6.14%
BTC $64,318.91 +2.36%
ETH $1,907.46 +1.73%
BNB $604.71 +0.53%
XRP $1.00 +1.01%
SOL $75.93 +1.82%
TRX $0.3309 -0.02%
DOGE $0.0702 +0.90%
ADA $0.1744 -0.66%
BCH $204.63 +0.40%
LINK $9.47 +0.88%
HYPE $59.61 +4.04%
AAVE $89.14 +3.83%
SUI $0.6751 +0.90%
XLM $0.1575 +0.91%
ZEC $515.29 +6.14%

Aptos staking developers: Aptos adopts a false PoS mechanism, and APT tokens are owned by the exchanges

2022-10-19 09:51:50

ChainCatcher message, Solana developer Paul Fidika, who is engaged in Aptos staking development, revealed on Twitter the reasons for stopping his work on Aptos: 1. The Aptos tokens sold by FTX, Coinbase, and Binance have already been owned and staked by the exchanges, with no ICO; 2. Aptos lacks community operation and has no permissionless validators; 3. It employs a false PoS mechanism; 4. It cannot share rights across mining pools; 5. The Aptos BFT V4 version is merely a renaming of the Diem BFT V4 version, using the HotStuff algorithm. (source link)

app_icon
ChainCatcher Building the Web3 world with innovations.