We’re excited to announce that Everstake — a responsible validator trusted by 675k+ users across 70+ blockchain networks—is joining Aptos as a node operator. Starting this month, our Aptos validator nodes will help service millions of data requests received on the mainnet.
Read more about What is Aptos.
Everstake and Aptos Are to Bring Web3 to the Masses
Aptos is a layer 1 blockchain engineered to evolve to provide developers a home for building future-proof applications.
They are bringing more consumers into web3 through a better user experience and unparalleled technology. Despite attempts by Ethereum and Solana to provide much faster transaction speeds, the industry is still waiting for an innovative and adaptable blockchain that can handle huge technical demands and meet the needs and wants of consumers.
Aptos’s key feature is the “parallel execution” engine, which is a quicker method of ordering and combining transactions to accelerate the process. The Aptos blockchain is based on the Block-STM work that has reached over 160,000 transactions per second (TPS) in execution-only experiments —more than any current Layer-1 blockchain. By comparison, Ethereum can handle 30 transactions a second while Solana completes 60,000 a second.
A Thorough Glimpse on Aptos
The Aptos blockchain is built on the principles of scalability, safety, reliability, and upgradeability. Aptos’ founding team are the same ones who worked on Meta’s scrapped stablecoin project, Diem. The project aims to bring masses to Web3 by providing “the safest and most scalable Layer-1 blockchain” that supports the smart contracts used in NFTs, DAOs, and DeFi.
Aptos’s other notable feature is its use of the Move programming language that prioritizes access control and scarcity. Move smart contracts are upgradable and support large datasets (e.g., millions of NFTs), allowing developers to build consumer-ready applications on Aptos.
Aptos launched its mainnet earlier this month in one of the most anticipated crypto events of the year. Interestingly, just a few weeks after the launch, Aptos entered into a partnership with Google Cloud. Furthermore, Aptos closed VC funding from big players like Andreessen Horowitz, Binance Labs, PayPal Ventures, Multicoin Capital, and Circle.
What Value Will Everstake and Aptos Bring to the Community?
Aptos relies on node operators validating transactions to the network. It also has a staking incentive model that allows Aptos validators to earn staking rewards for delegating to trustworthy validator nodes.
Following Aptos’s progress over the last few weeks, we believe that the protocol has the potential to become the go-to platform for building safe, scalable, and upgradable decentralized applications.
Sergey Vasylchuk, the CEO of Everstake, comments: “We are grateful for the opportunity to be chosen as one of Aptos’ node operators. The aim of our input is to bring value to the blockchain and Web3 community. We will support the Aptos network with our infrastructure to help secure the network and ensure the decentralization of Web3 comes to fruition.”
Learn more about How to stake Aptos APT.
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