Aptos: Solving the Layer 1 blockchain trilemma
Blog iconrrens.eth
Aug 5
I‘ve just managed to get some down time this weekend so wanted to share a project I’m excited about — Aptos. I caveat that some of the figures used in the analysis are outdated but provide a directional sense which is still nonetheless insightful.Recap of smart contract market dynamicsThe current situation in the L1 landscape: The total market capitalization of smart contract L1 blockchains was valued at ~$400bn as of 2021 (likely declined by at least ~50% in aggregate to date). Ethereum is t...

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