If you have the MetaMask Wallet, you cannot utilize the Aptos network as it isn’t based on the native programming language of ETH, Solidity. Instead, the developers of Aptos have used a new language known as Move to design this network, which provides greater scalability and flexibility. You must download the Aptos Wallet, such as the Pontem Wallet, the foremost Web 3.0 crypto wallet for Aptos, and the Move programming language to use the Aptos network. The Pontem Wallet provides a safe doorway to the Aptos ecosystem, enabling users to transfer and receive tokens and interact with dApps on the network.
What is Aptos?
The Aptos Network is the latest Smart Contract platform backed by the Move programming language. It is more scalable and flexible than ETH, intending to become a go-to platform for DeFi (decentralized finance) apps and GameFI projects.
Also Read: How to Install MetaMask Wallet: A Step by Step Guide
The team behind the Libra blockchain of Facebook has built the Aptos Network. Also, the large VCs, which consist of a16z, Coinbase Ventures, Delphi Digital, Animoca Brands, Alameda Research, and Mechanism Capital, backed Aptos. If you seek an ETH alternative that is purpose-built for decentralized applications, then Aptos is worth considering.
Steps to Install and Add Aptos Wallet (Pontem Wallet)
The Aptos Wallet is simple to install and provides a similar user experience to leading crypto wallets such as Coinbase and MetaMask Wallet. When installed, the wallet automatically connects users with the Aptos Mainnet RPC, meaning users can fund their wallet and begin interacting with apps instantly.
Just go through the simple procedure outlined below to start.
- Let’s begin; you should head to the official Pontem Wallet website.
- Next, press the Install Wallet button and download the wallet extension.
- Then, you must generate your account and secure the secret seed phrase somewhere safe. Remember, this seed phrase will help you to recover your wallet if you forget the password.
- After this, bridge tokens to the Aptos address and use the services.
How Does Aptos Network Work?
Numerous protocols permit the Aptos blockchain to become more reliable, scalable, and secure. Aptos assets testnet is transacting nearly 130,000 transactions every second.
Following are a few of the features of the network:
- Aptos network utilizes a new language known as the Move programming language. The Move prover, a validator for smart contracts, has many security features. This function will assist the programmers in securing their code better.
- The best feature of Aptos is the high transaction throughput. For this function, the blockchain operates on a pipelined and portable method for transaction processing. This approach to transaction processing makes the network hyper-efficient compared to other blockchain systems.
- The Aptos blockchain also offers atomicity. Atomicity is an important property of database transactions performing in one instant without delay.
- The design of the blockchain makes it flexible for more updates. As Web3 is a dynamic space, this function is necessary for future advancements.
- Aptos consists of a horizontal transaction scalability ability. This means that Aptos can add more infrastructure to the blockchain without escalating the complexity.
- Aptos utilizes Byzantine Fault Tolerance (BFT) protocol for transaction verification, unlike other protocols where the generation and verification of blocks happen sequentially. Aptos has divided the two procedures to function parallelly, thereby decreasing latency.
Advantages of Aptos
- Distinctive consensus mechanism: The Byzantine Fault Tolerance protocol offers an edge in the speed of blockchain.
- Transaction Throughput: With the testnet offering, which is notably fast, Aptos can allow cryptocurrency for daily use.
- Best development team: With more than 350 professional developers, the network has a robust tech foundation.
- Competent founding team: The Aptos network’s founding team, with more experience in digital currency, leads its community.
- Top-level Security: Pontem Wallet is a leading Aptos Wallet as it has the support of large cryptocurrency ventures capitalists like Animoca Brands, Aptos Labs, Mechanism Capital, Delphi Digital, and Alameda Research. Also, it’s an open-source wallet, meaning anyone can audit the code to check the security vulnerabilities.
Top DeFi Apps on Aptos
Although Aptos is a relatively new blockchain, it has already offered the foundation for well-known DeFi (decentralized applications) apps. The leading dApps available live on Aptos include AUX Exchange, LiquidSwap, Tortuga, and others. You can full the view list of live applications on Aptos here.
Also Read: How to Add Bitcoin Network to MetaMask Wallet
Conclusion
Aptos is a new Smart Contract platform backed by the Move programming language. The developers have made it more scalable and flexible than ETH to become a go-to platform for Game FI projects and DeFi apps. While users can’t access it through MetaMask, they can use the Pontem Wallet to connect with dApps available on the network. Also, many famous DeFi apps are accessible on Aptos, such as AUX exchange, Tortuga, and LiquidSwap. To explore this platform, go through the Pontem Wallet and check out the list of live apps on Aptos.
