What is Aptos?
Aptos is a scalable Layer 1 proof-of-stake blockchain that uses the Move programming language to execute fast and secure transactions. Aptos Labs Foundation, the team behind Aptos, was established by former Meta (Facebook) employees, and aims to become the world’s safest, fastest, and most reliable blockchain solution. Aptos’ mission, as stated on the Aptos Labs website, is to improve and redefine the web3 experience for users.
Move is a Rust-based programming language for smart contracts, which was initially developed for Facebook Libra (by the same team behind Aptos). Lately there has been a lot of talk on social media on the Aptos topic, and its intriguing past with Meta has contributed to the growing hype.
The blockchain has been developed over the last period of three years, by more than 350 developers from around the world. Aptos was officially launched on 12 October 2022, when Aptos genesis occurred.
Aptos (APT), the utility and governance token for the blockchain, was launched on the market at $8 and trades at an average of $7 at the time of writing, with 130,000,000 APT tokens in circulation from a total supply of 1,000,000,000. The ATP token was listed by major crypto exchanges soon after it was launched, and went straight to #52 on Coinmarketcap.
Because it is capable of sustaining 160,000 tps (transactions per second), Aptos was dubbed “the Solana killer” by the crypto community, given that Solana has encountered network stability problems in the past. However, the Aptos blockchain is still in its early staring days, and still has a long way to go to reach the number of smart contracts, DAO’s or DeFi platforms available on Solana.
Best wallets for Aptos blockchain
Currently popular wallets such as MetaMask do not support Aptos, as of yet. It is reasonable to expect that they add support for Aptos in the coming months.
Aptos is available on dozens of wallets, such as Martian Wallet, Fletch Aptos Wallet, Fewcha Wallet, Pontem Aptos Wallet, Spika Wallet, Safepal, Blocto Wallet, ONTO Wallet, Petra Wallet, and many more.
Trust wallet was the first of the major crypto wallets to add support for Aptos blockchain. It is one of the most popular crypto software wallets, officially owned by Binance.
With Trust wallet you can access all Aptos dApps and protocols, just like you would with protocols running on Ethereum or BNB chain.
Petra Wallet is a browser extension for Aptos, built by Aptos Labs. It allows users to send and receive digital tokens, and acts like an interface to the fast Aptos blockchain. Petra Wallet users can mint NFT’s and explore the full benefits of the Aptos ecosystem, by interacting with hundreds of decentralized apps (dApps).
Petra Wallet is an interface to the Aptos blockchain. Petra Wallet is a free web application available as a Google Chrome extension that lets users store and transfer assets, create and view NFTs, and interact with decentralized applications (dApps), all on the Aptos blockchain.
Pontem Aptos Wallet is a browser extension built by Pontem network that describes itself as a “gateway to the Aptos ecosystem”. Pontem plans to launch their own token in the near future, and has an impressive community of 100k+ users. In terms of functionality, Pontem Wallet has similar features to other Aptos wallets, such as sending tokens or browsing any dApps that run on the powerful Aptos blockchain.
Martian Wallet is a digital wallet built on the Aptos blockchain, available as a browser extension for Chrome and iOS (Google Play soon). The wallet allows you to mint NFT’S directly to the Aptos blockchain, and has an impressive number of 300,000+ users on Chrome.
Fewcha Aptos Wallet
Fewcha is a web3 wallet that allows users to explore the full range of features of the Aptos blockchain. Fewcha wallet is currently available as a Chrome or iOS browser extension.
ONTO Cross-chain Crypto Wallet is a decentralized wallet that allows its users to manage digital assets on multiple chains, with the use of a single private key. ONTO Wallet is available as an app for Android on Google Play, for iOS on Apple apps store, or as an extension for Chrome. ONTO focuses on identity and managing solutions, and it fully supports the Aptos ecosystem.
Spika Wallet – spika.app
Spika Wallet is a digital wallet available as a Google Chrome browser extension, that unlocks the potential of decentralized apps, swaps, NFT’S, and other features available on the Aptos blockchain.
Hive Wallet will be a multi-sig wallet built on the Aptos blockchain. According to its website, Hive Wallet is still in development and will be available soon.
ComingChat Wallet is a messaging and digital wallet app that supports Aptos network. The ComingChat app is available on Android and iOS, and has been integrated into the Aptos ecosystem.
FoxWallet is a multi-chain wallet that describes itself as “the best Aptos wallet”, available as an app for iOS and Android. The digital wallet is compatible with Aptos, allowing its users to access decentralized apps and transfer tokens on the blockchain.
Does MetaMask support Aptos blockchain?
Unfortunately, no. Aptos cannot be added to MetaMask, as it is not compatible with EVM (Ethereum Virtual Machine).
Can I store APT tokens on Ledger hardware wallet?
No, at this moment Ledger.com does not offer support for Aptos, and an ETA for when that will change is not known.
CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com