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What is Aptos? Is it New Solana or Ethereum Killer, Everything You Should Know About Aptos




If you’re looking for a new crypto project to invest in, Aptos is certainly a promising option and has generated a lot of buzz lately.This venture-backed cryptocurrency is still in the planning stages, but its proposed features are Already established in the crypto community. Ultimately, Aptos will offer unique security and usability options while improving scalability. There are a few key things to know if you want to be one of Aptos’ first trendsetter girlfriends.

What is Aptos?

Aptos is a proposed layer 1 blockchain using the Move programming language.

Cryptocurrencies promise users greater scalability, reliability, security, and ease of use.
Aptos is still in very early planning stages. We have not yet generated Aptos coins and have not published an official white paper. However, cryptocurrency experts have already started discussing the Aptos blockchain and have raised millions of dollars from investors. Aptos will be a layer 1 blockchain built using a Rust-based programming language called Move. Planned features include a parallel execution engine, high-level security features, and low transaction costs.

Aptos blockchain is generating all this hype because of its fascinating past. The blockchain is based on the recently abandoned blockchain initiative Diem (by Meta). Aptos Crypto was created by Diem’s ​​developers and uses a programming language originally created for Diem. We will continue to focus on Diem’s ​​original goal of creating a scalable and fast blockchain. Additionally, we want to provide additional features that make cryptocurrencies more accessible to the average user.

What is Aptos Labs?

Aptos Labs is the team behind the Aptos project. They now lead a diverse team of developers, engineers and strategists led by co-founders Mo Shaikh and Avery Ching.
Shaikh and Ching met while working together on the blockchain project Diem at Meta. Shaikh specializes in product scaling and has experience in the private equity and venture capital markets. Ching, on the other hand, is one of Meta’s key software engineers. He has led many exciting and innovative development projects in the past. When Meta decided to close the Diem project, Shaikh and Ching teamed up and he decided to found Aptos Labs.

Aptos Labs’ motto is “Building Layer 1 for Everyone”. The company strives to build the most secure and reliable network possible. Their work is still in its infancy, but their mission has already gained a lot of support. Through his two funding rounds, Aptos Labs has raised over $350 million and launched a developer testnet, successfully processing millions of transactions and thousands of nodes.

Aptos Coin Price

At the time of the preparation of this content, Aptos Coin had not yet started trading. You can find Aptos price, Aptos technical analysis chart, APTOS/USD, APTOS(USDT, APTOS/BTC data here.

Aptos Chart

How does the Aptos blockchain work?

Although not fully functional yet, the Aptos blockchain has already achieved an impressive goal. Today, it can handle 130,000 transactions per second (TPS) while maintaining security and reliability. Behind Aptos’ impressive performance are some innovative concepts.

Block STM technology

Block STM technology creates an engine that efficiently processes smart contracts. The Aptos blockchain engine relies on parallel execution to process multiple transactions simultaneously. This speeds things up a lot because a single failed transaction doesn’t stop the entire chain. Instead, transactions can be processed concurrently and all verified after execution. To further improve efficiency, the joint scheduler is working to prioritize specific transactions on the Aptos blockchain and efficiently handle key verification. After all, it can handle up to 160,000 transactions simultaneously.

Move programming language

One of the things that makes Aptos crypto so compelling is Move. Move is a custom programming language originally developed for the Diem blockchain. Move is a type of bytecode executable language. Flexible enough to meet the unique needs of Aptos developers, its global storage is more secure than your average programming language. Move allows users to define custom his resources that cannot be copied or destroyed, making it much more difficult for malicious entities to control her Aptos blockchain.

BFT consensus protocol

Instead of using a consensus protocol that has to follow transaction order, Aptos separates her two processes and allows them to run in parallel. This reduces latency (the time it takes to confirm network transactions) and improves speed. To ensure accuracy, Aptos has developed a Byzantine Fault Tolerant (BFT) engine that analyzes individual states in the chain and automatically updates validators as needed.

What makes Aptos different?

If you spent a lot of time reading crypto news, Aptos Crypto might look a little familiar. There is no doubt that many new blockchains are claiming to be an exciting layer 1 that solves all scalability problems. I can understand using Aptos sparingly, but it really deserves the hype. A very active community, a large number of investors, and access to its own engine and programming language make the Aptos blockchain stand out from other blockchains. Indeed, if it delivers what it promises, it will be very different from existing layer 1 chains.

Aptos vs. Solana

One of the main competitors of the Aptos blockchain is Solana, the hottest high-performance Layer 1 available today. However, when comparing Solana and Aptos blockchains, Aptos appears to be more reliable. Solana was very prone to failure, with noticeable outages and downgrades.

Aptos blockchain adds redundancy to the network and makes it less prone to failure. All blocks in Aptos are synchronized with the main node and nearby nodes. If the primary node fails, one of the other nodes can take over. This results in slightly higher computing requirements, so Aptos has slightly higher hardware requirements than Solana. Ultimately, Aptos is more reliable than Solana, but has slightly higher hardware requirements.

Aptos vs. Avalanche

Early reports suggest that the Aptos blockchain outperforms Avalanche under optimal testing conditions. Avalanche can complete transactions about 0.7 seconds faster than Aptos. However, in real-world situations, Avalanche is typically about 0.3 seconds slower than Aptos. When it comes to TPS, Aptos blows Avalanche out of the water. Avalanche manages about 4,500 per subnet, while the Aptos blockchain hits between 130,000 and 160,000.

Aptos vs Ethereum

The Aptos blockchain already outperforms Ethereum in terms of speed. Ethereum has a finalization time of over a minute, while Aptos can complete transactions in less than a second due to hardware and design differences. On Ethereum he has only 1 CPU core while Aptos runs on 16.

But Ethereum’s reliability is undeniably superior. Aptos doesn’t have many issues with outages, but it doesn’t quite match Ethereum’s stability.

Interrupting its performance is almost impossible. Ethereum is still the more popular choice as long as users are okay with paying more fees and waiting longer.

Aptos Incentive Testnet

The Aptos blockchain has not officially released a white paper or published a cryptocurrency, so you may wonder why so many people are talking about it. The Aptos-sponsored testnet is why people already know a lot about his Aptos Labs capabilities. Incentive-based testnets are essentially a way of betting crypto development. Participants can complete various challenges and receive rewards for doing so.

This testnet will provide Aptos Labs with many opportunities to test blockchain performance. Security, user interface, and transaction validation can be explored through the Aptos-sponsored testnet. The goal is to find problematic bugs and find ways to improve the Aptos blockchain. When working on the testnet, participants need tokens to exchange. However, the company has yet to decide to release an official Aptos crypto. Instead, they are currently testing with a dummy version of the Aptos coin.

4-Layer Testnet

Aptos operates the testnet in his four phases. Phase 1 will be implemented between May 2022 and June 2022. 30,000 people applied and 100 were selected to participate. The next tier of the testnet is just starting, with 100 to 500 validators. Once completed, another limited testnet of 1,000 participants will be created. Prior to launch, Aptos Labs also plans to conduct a final testnet phase that will be open to all participants.

Aptos NFT

One of the ways the Aptos blockchain hopes to improve its current Layer 1 is the ability to support NFT mining. While NFT support is not his top priority for Aptos, an Aptos engineer has found the Aptos blockchain to be very effective in handling his NFTs. This could be an additional investment method alongside Aptos Crypto.

The main reason why the Aptos blockchain works well with NFTs is its parallel execution engine. This accelerates a user’s ability to fund new accounts and create NFTs on her account. The Aptos command line interface tool also makes it easy to test contracts locally before deploying them to your network. Additionally, Aptos’ TypeScript SDK allows users to easily create scripts for NFT mining.

All this combined to allow one user to create multiple NFTs of her on multiple platforms at the same time. Instead of using vast resources to create NFTs one by one, users can deploy multiple instances at once to create a repeating loop of transactions. Tests show that devnet can create millions of NFTs within an hour of him. The developer hopes to use these features to make it easier and faster for users to generate her NFTs. There are also some plans for Aptos to release its own NFTs.

Why Aptos Is Attracting VC Attention

The Aptos blockchain was only announced this year, but has already received significant funding. Aptos accepted his first large series of investments in March 2022. Several leading venture capital groups including a16z Crypto, Multicoin Capital, Hashed, Tiger Global, Three Arrows Capital, FTX Ventures and Coinbase Ventures contributed a total of $200 million. Aptos then announced that in June he received another $150 million from FTX Ventures and Jump Crypto. Previous investors such as a16z crypto and Multicoin Capital have contributed to several rounds of funding. Curious why Aptos continues to receive so much endorsement from venture capital firms?

Experienced and Famous Founders: One of the main factors behind Aptos’ success is its founder. The co-founders of Aptos Labs have years of experience doing impressive work. Not only do they have a solid reputation for creating cryptocurrencies and other projects, they share a common background in venture capitalism that helps them connect with investors.

Unique architecture: Venture capitalists are usually looking for something new and original. This is one area where the Aptos blockchain really excels. The combination of Block STM technology, Move programming, and BFT consensus sets us apart from other Layer 1 blockchains seeking funding.

Impressive performance: After launching the test network, Aptos really picked up speed. A user began reporting his TPS and percentage of time to final completion that blew other cryptos out of the water. With the ability to process up to 160,000 TPS and complete transactions in less than a second, Aptos has the potential to quickly outperform its competitors.

Facebook related background: Aptos’ relationship with Diem is another reason investors think the company is a solid bet. This is basically a continuation of a project that started before Meta/Facebook focused on the “metaverse” instead. Aptos’ origins give investors confidence in what the company offers.

Aptos Official Launch

Aptos he plans to launch in September 2022. Therefore, there are plenty of opportunities to buy Aptos crypto soon. If you want to invest his Aptos coin without mining it yourself, the Aptos roadmap includes some ways to earn his Aptos crypto in the near future. In the coming months, we will be adding several new phases to the Aptos incentive-based testnet.

You can also participate in bug bounty programs and hackathons. With all of this community outreach, Aptos hopes to ensure everything is working seamlessly by the time of its mainnet release. Some of the many features Aptos plans to finalize before mainnet release include:

  • Additional DDOS mitigation and validator evaluation to prevent malicious attacks
  • Smart contract integration to include support for staking and voting
  • Fine-grained storage that reduces storage maximums for single accounts
  • State-based synchronization that doesn’t rely on transactions to sync
  • Improved support for parallel transactions running on the same account.
  • Configurable gas schedules that map fees to usage
  • Better ability to retrieve and print node information
  • Upgraded framework for blockchain governance

Final Words

The Aptos project promises to increase blockchain scalability and reliability. So far, Aptos has attracted a lot of investors and industry attention. Though it’s impossible to guarantee they can live up to the hype, their testnets have already managed to back up many of their claims. Time will tell if Aptos is as innovative as they claim to be, but their blazingly fast transaction times and experienced development team make Aptos look like a solid investment.

Want to know more about Aptos? Read our article on whether Aptos is the fastest Layer 1 blockchain.

If you’re also interested in investing in other similar Layer 1 blockchain projects, sign up with Bybit and start buying coins like Ethereum and Solana today.

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What is Baby AGI: A Comprehensive Guide For Beginners




Artificial Intelligence (AI), an omnipresent force subtly weaving through the fabric of modern life, has ushered in a new era of innovation and automation. From virtual assistants like Siri and Alexa to the sophisticated recommendation engines driving platforms like Netflix and Amazon, AI’s impact is unmistakable. A groundbreaking stride in AI’s evolution is the emergence of Baby Artificial General Intelligence (AGI), an advancement poised to reshape our existence by automating a diverse spectrum of tasks. This article delves into the essence of Baby AGI, its mechanics, and the boundless vistas it opens for application.

Introducing Baby AGI: Pioneering Autonomy and Efficiency

Laying the foundation for an era of self-sustaining AI, Baby AGI is a groundbreaking autonomous agent meticulously crafted using the Python programming language in tandem with the OpenAI and Pinecone APIs. This innovative entity possesses the prowess to independently initiate and execute tasks, effectively revolutionizing workflow dynamics. Much akin to its human counterparts, Baby AGI demonstrates the capacity to learn, comprehend, and execute tasks spanning a myriad of domains, distinguishing itself from the narrower confines of specialized AI.

Exploring Baby AGI’s Boundless Potential

While the infancy of Baby AGI’s journey is undeniable, the scope of its applications is nothing short of prodigious. From crafting literary marvels to orchestrating intricate travel plans, Baby AGI promises the ability to undertake tasks demanding a human-like grasp of context and nuance. Crucially, it is imperative to grasp that Baby AGI doesn’t supersede human intellect; rather, it serves as an invaluable tool for task automation, driving productivity gains across domains.

Embarking on the Journey: Navigating the Prerequisites

Utilizing Baby AGI mandates a trifecta of essentials:

  1. Adequate Hardware: While specific hardware prerequisites remain nebulous, a computer boasting a minimum of 4GB RAM is advised to ensure seamless operations. Optimal hardware guarantees expedient task execution.
  2. API Key Activation: Empowering Baby AGI necessitates procuring API keys from OpenAI and Pinecone. This entails simple steps for key generation.
    • OpenAI API Key Generation:
      • Access, then log in or establish an account.
      • Click the profile icon, selecting “View API Keys.”
      • Create a new secret key with a designated name.
    • Pinecone API Key Generation:
      • Visit and access your account or create a new one.
      • Navigate to “API Keys” on the left-hand side, then proceed to generate a new API key.
  3. Stable Connectivity: Unlike offline AI tools, Baby AGI thrives on an unwavering internet connection, underscoring the need for dependable connectivity.

A Comprehensive Guide to Harnessing Baby AGI’s Potential

The journey commences by embracing the steps outlined below:

Step 1: Python Installation

Begin by installing Python, an essential programming language requisite for executing Baby AGI. Visit, acquire the latest version of Python, and follow platform-specific installation guidelines.

Step 2: Acquiring Baby AGI Files

Through your terminal (Mac/Linux) or Command Prompt (Windows), input “git clone” and press Enter. This directive triggers the download of imperative Baby AGI components from the designated GitHub repository.

Step 3: Package Installation

Within the downloaded directory, execute “pip install -r requirements.txt” in the terminal or Command Prompt. This single command orchestrates the installation of essential packages, forming the bedrock of Baby AGI’s operational architecture.

Step 4: Configuration Precision

Upon successful package installation, locate and rename the “.env.example” file to “.env”. This configuration file is instrumental in establishing the operational context for Baby AGI.

Step 5: Enabling API Integration

Edit the renamed “.env” file using a text editor to input your OpenAI and Pinecone API keys. These keys imbue Baby AGI with the prowess to interact with external services, accentuating its capabilities.

Step 6: Igniting Baby AGI

Within your terminal or Command Prompt, input “python” and hit Enter. This catalyst sets Baby AGI in motion, ushering in its active presence and potential for interaction.

Step 7: Catalyzing Interaction

Elevate Baby AGI’s prowess by offering input that encapsulates your AI agent’s designation, the focal domain, and the inaugural task you seek to delegate. This framework defines its mission, enabling adept execution guided by your specifications.

A Glimpse of Baby AGI in Action

Illustrating Baby AGI’s potential, envision a scenario where it functions as a cyber insurance underwriter, identifying vulnerabilities primed for cyber insurance claims. Tasked with grasping cyber insurance nuances and dissecting potential issues, Baby AGI exemplifies task automation at its zenith.

Navigating Current Usage and Future Trajectories

Though yet to infiltrate commercial applications, Baby AGI captivates researchers and pioneers. Yohei Nakajima’s Baby AGI project harnesses machine learning and reinforcement learning, mirroring human growth patterns. Foreseeing the dawn of advanced educational tools and more sophisticated chatbots, the path forward entails overcoming challenges of safety and ethics.

Concluding Remark

Baby AGI crystallizes the zenith of AI evolution, steering us towards the realization of AI agents mirroring human cognition. Pioneering the realm of task automation, this nascent marvel harbors potent potential. Though in its infancy, Baby AGI pledges to empower and reshape the landscape of productivity.

(Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of Forbes.)

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What is Wrapped?




red and white gift box with ribbon bow

Wrapped is a term used in the cryptocurrency industry to refer to a digital asset that represents another asset or currency on a different blockchain. This allows users to trade or use assets on one blockchain, while still retaining the value of the asset on its original blockchain.

For example, the Wrapped Bitcoin (WBTC) is an ERC-20 token that represents Bitcoin (BTC) on the Ethereum blockchain. When a user wraps their BTC into WBTC, they receive an equivalent amount of WBTC on the Ethereum blockchain. This allows them to use BTC in Ethereum-based decentralized applications (dapps) or trade BTC on Ethereum-based decentralized exchanges (DEXs) without needing to transfer the actual BTC to the Ethereum blockchain.

The process of wrapping an asset involves locking the original asset on its blockchain and minting an equivalent amount of the wrapped asset on another blockchain. The wrapped asset is then pegged to the original asset’s value, usually through the use of a smart contract. When a user wants to redeem their wrapped asset for the original asset, the wrapped asset is burned, and the original asset is released back to the user.

Wrapped assets are useful because they allow for interoperability between different blockchains and can increase liquidity and trading volumes for certain assets. They can also enable new use cases for assets that were previously restricted to a specific blockchain.

In addition to WBTC, there are many other wrapped assets, including Wrapped Ether (WETH), Wrapped Litecoin (WLTC), and many others.

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What is Wash Trading?




Free person in washing machine

Wash trading is a practice that involves buying and selling a cryptocurrency asset for the purpose of creating the impression of greater market activity and trading volume than actually exists. It involves a trader simultaneously buying and selling the same asset to manipulate the price and create a false sense of demand and liquidity.

In the context of cryptocurrencies, wash trading is a fraudulent activity that can deceive investors and traders into thinking that a particular asset is more popular and valuable than it really is. This can lead to an artificial price increase, which can be exploited by the traders involved in the wash trading scheme.

Wash trading is typically used by unscrupulous traders and market manipulators who want to artificially inflate trading volumes or prices to attract other investors or traders to buy the asset. It is also sometimes used to manipulate prices to trigger stop-loss orders or liquidations, which can cause panic selling and create opportunities for the wash traders to profit.

Wash trading is illegal in traditional financial markets, and many jurisdictions have laws against it. In the crypto industry, some exchanges and regulators have taken steps to crack down on wash trading, including implementing monitoring tools to detect and prevent it.

Investors and traders should be cautious of assets with unusually high trading volumes, as they may be subject to wash trading. It’s important to do your own research and use reliable sources of information before investing in any cryptocurrency.

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Disclaimer: ATHCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.