Aptos Move Compiler brings developers new language features and a more modern architecture
Aptos Weekly Overview - June 6, 2024
Welcome back to Aptos’ Weekly Overview. The best place for Aptos community members to get up to speed on the chain’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place.
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By The Numbers
Aptos transactions this week: 12M (-96.5%)
Network transactions per second (TPS): 19.8 (-96.47%)
Active users: 1.1M (+79.8%)
New users this week: 789.8K
Total staked APT: 855.74M (+0.40%)
Aptos total value locked (TVL): $392.6M (-0.5%)
NFT weekly sales: 11.7K (-20%)
The percentages and metrics are based on a 7-day timeframe from Flipside data as of June 3, unless noted otherwise.
Inside the blockchain
🌐What happened: Aptos Labs announced its Aptos Move Compiler, which brings new features to the Move programming language to “fill in the gaps,” Aptos Labs said.
🌐Why does it matter: Aptos Labs designed a new compiler to support Move 2—the next generation of Move on Aptos. It’ll provide more features and a modernized architecture to Aptos users and developers, in comparison to the original coding language. In turn, the team aims to bring a smoother developer experience and drive more innovation onchain.
The inspiration to refine the Move language came from conversations with builders, Wolfgang Grieskamp, Move platform lead at Aptos Labs told Token Relations. The new Move compiler will make it "easier to use and more expressive to satisfy the needs of builders," he added.
It's also important to note that the technical background of this new compiler was developed separately at Meta, Grieskamp said. “Until now, every extension to Move had to be implemented twice, in the compiler and in the [Move] prover. The new compiler has a unified architecture for compiler and prover which streamlines this situation.”
Upon its release, the Aptos Move Compiler will be in beta testing. During this time, developers can provide feedback and receive rewards up to $10,000 for finding any semantic bugs. Bug bounty programs like this aim to keep networks safe by having white hat hackers identify any risks before bad actors – and rewarding them for their efforts.
🌐The big picture: Aptos Move Compiler, Aptos Labs’ update to the Move coding language, can create new possibilities and greater security for Move developers thanks to its new features and bug bounty program.
Ecosystem wins
Sentio Debugger, a platform focused on helping users gain insights on transactions, live on Aptos
Aptos network validator Klin help maintain the network’s performance with a strategic focus in Eastern Europe
The Aptos Foundation partnered with Bitskwela to help educate Filipino users about the ecosystem
OKX announced Aptos airdrop campaign, allowing customers to stake their APT to claim a share from 1,000 APT prize pool
The community is makin’ Moves
X user eli5_defi created an Aptos 101 thread for users who want to learn more about the ecosystem
DeFi & Web3 threader Hercules_Defi, shares a guide on how to get started in the Aptos ecosystem
ICYMI: Listen in to Spooks Labs X space on how artificial intelligence is evolving and shaped by Aptos
KYD Labs, a digitized ticketing platform, helped onboard and transact over 2K users as part of Consensus 2024
By the headlines
You might have seen these Aptos-related headlines recently…
Tapos (HEART): A Tickle-to-Earn Clicker Game on Aptos (ByBit)
Aptos Analysis 2024 (Aptos Nerd | Everstake on X)
Aptos Integrates Chainlink's CCIP and Data Feeds to Boost Decentralized App Development (Coindesk)
Join in the fun
Want to dive into the ecosystem full-time? Find the latest job postings on Aptos Foundation here.
Meet with Aptos team members, ambassadors and builders in the ecosystem for Aptos Vietnam, June 7th
Move It with the Aptos ecosystem for a Hackathon in India, June 15-16
Build your first decentralized app on Aptos at Metaschool, an event in Singapore on June 20th
Build with Aptos and gain insight during Aptos Developer Office Hours
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This product was built by Token Relations.
This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.