Sitemap
Crypto 24/7

“With a knack of spotting market patterns”, said Grok. Helping retail gaining an edge in the crypto space.

Follow publication

Member-only story

Tech

What The Hell is Aptos?

There’s a new Solana in town

0xAnn
4 min readJul 26, 2022

--

Sam Bankman-Fried, the king of crypto has apparently taken a new queen into his palace.

A $150 million dowry. Raised by King Sam and his entourages — i.e. Multicoin— to secure the heart of the new queen, cryptofolks ponder if the number is a tad too big. “In this economy?”

Aptos is her name. The new queen. What could be her power that she is about to replace the long-reigning Solana as Sam’s number one Layer 1? The courtship was scandalous in many ways. Gossips spread into the corners of the realm. Distasteful, some folks might say, although most of us are not surprised with Sam’s pump-and-dump behavior.

Rising from the ashes

Aptos is not a new entity of its own. The queen is not exactly young. She was conjured from the ashes of a long-forgotten crypto undertaking. Legend says that in the past, the Facebook consortium had attempted a blockchain project called Diem, only to face nothing but difficulties and scrap the project shortly after.

A dead project reanimated. From it emerged the new witch-queen Aptos. King Sam probably thinks he has it in him to help Aptos/Diem reach her destined glory.

“I can fix her.”

The technology

Not much can be found on Aptos royal website. The shades of green meeting black on the site’s front end hint an eerie resemblance to…

--

--

Crypto 24/7
Crypto 24/7

Published in Crypto 24/7

“With a knack of spotting market patterns”, said Grok. Helping retail gaining an edge in the crypto space.

0xAnn
0xAnn

Written by 0xAnn

In-depth observations on Bitcoin and crypto. Multi-cycle veteran. I write so I don't overtrade. No hype. just data. More: https://linktr.ee/ann0x

Responses (3)