Aptos Foundation has announces the launch of the Aptos Digital Asset Standard (DA). The foundation says that the digital asset standard emerges as a game-changer, promising a transformative experience for creators, developers, and users alike.
Aptos is a Layer 1 Proof-of-Stake (PoS) blockchain, utilizing a unique smart contract programming language known as Move. This Rust-based language was independently crafted by engineers from Meta (formerly Facebook) who worked on the Diem blockchain.
Aptos envisions a blockchain that facilitates mainstream adoption within the web3 landscape, empowering a diverse array of Decentralized Applications (DApps) to effectively address real-world challenges faced by users.
Describing the standard, the company said that the Aptos Digital Asset Standard was created with a primary focus on non-fungible tokens (NFTs).
It added that the standard is crafted to among other things enhance fungibility, boost performance, and facilitate efficient on-chain data handling.
Aptos Token Standard, ERC, and others
When comparing with legacy standards like TokenV1, SPL, and ERC721, Aptos observed that although these standards played significant roles in the initial stages of blockchain development, they still carry inherent challenges.
It added that TokenV1 lacked flexibility for evolving user needs, SPL had interoperability challenges with other networks, and ERC721 had high gas costs and performance issues.
Conversely, Aptos Digital Asset Standard addresses these problems by enhancing flexibility, and performance, and reducing gas costs.
It allows for efficient on-chain manipulation of token data and provides a standardized framework for NFTs, enabling smooth interaction with digital assets across different networks.
Aptos also noted that Web3 projects such as Metapixel, Mokshya, and BRAWL3R have started implementing the standard.
It lastly called on creators, developers, and enthusiasts to join its ecosystem and start building products that depend on the Aptos Digital token Standard.
Read also; STARZPLAY integrates with SKALE blockchain to transform sports streaming
Source link
#Aptos #announces #launch #NFT #standard #CryptoTvplus
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Automotive / EVs, Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- ChartPrime. Elevate your Trading Game with ChartPrime. Access Here.
- BlockOffsets. Modernizing Environmental Offset Ownership. Access Here.
- Source: https://cryptoinfonet.com/nft-news/aptos-announces-the-launch-of-new-nft-standard-cryptotvplus/
- :has
- :is
- 1
- a
- across
- added
- address
- addresses
- Adoption
- alike
- allows
- also
- Although
- among
- and
- Announces
- applications
- Applications (DApps)
- Aptos
- Array
- AS
- asset
- Assets
- blockchain
- blockchain-development
- boost
- Building
- by
- called
- carry
- challenges
- company
- comparing
- continue
- contract
- Costs
- created
- creators
- CryptoInfonet
- DA
- DApps
- data
- decentralized
- Decentralized Applications
- developers
- Development
- Diem
- different
- digital
- Digital Asset
- Digital Assets
- Digital token
- diverse
- ecosystem
- effectively
- efficient
- emerges
- empowering
- enabling
- Engineers
- enhance
- enhancing
- enthusiasts
- envisions
- ERC721
- evolving
- experience
- faced
- facilitate
- facilitates
- Flexibility
- Focus
- For
- formerly
- Foundation
- Framework
- from
- game-changer
- GAS
- had
- Handling
- Have
- High
- HTTPS
- implementing
- in
- independently
- inherent
- initial
- Integrates
- interaction
- Interoperability
- issues
- ITS
- join
- known
- landscape
- language
- launch
- layer
- layer 1
- Legacy
- like
- LINK
- Mainstream
- mainstream adoption
- Manipulation
- Meta
- move
- Navigation
- needs
- networks
- New
- new NFT
- NFT
- NFTs
- non-fungible
- non-fungible tokens
- NON-FUNGIBLE TOKENS (NFTS)
- noted
- observed
- of
- on
- On-Chain
- on-chain data
- Other
- performance
- plato
- Plato Data Intelligence
- PlatoData
- played
- PoS
- primary
- problems
- Products
- Programming
- projects
- promising
- Proof-of-Stake
- proof-of-stake (PoS)
- provides
- Reading
- real world
- reducing
- roles
- Said
- says
- significant
- Skale
- smart
- smart contract
- smooth
- Sports
- stages
- standard
- standards
- start
- started
- Still
- such
- that
- The
- These
- they
- things
- this
- to
- token
- Tokens
- Transform
- transformative
- unique
- User
- users
- Utilizing
- was
- Web3
- WHO
- with
- within
- worked
- zephyrnet