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On April 13th, Avery Ching, co-founder and Chief Technology Officer of Aptos, stated in the theme of “Web3 Infrastructure” at the main venue of the 2023 Hong Kong Web3 Carnival that he plans to support multiple sharding solutions in the future and also plans to release a 1.4 upgrade from April to May 2023. Some upcoming upgrades include blockchain logic, Move, and smart contract frameworks, including APS 10&11, lower transaction costs, Quorum Store, developer tools, and sharding development. The Aptos ecosystem has over 100 projects, with over 200 under construction and over 500 developers.

Aptos co founder and CTO: Future plans to support multiple sharding solutions

1. Introduction
2. What is Aptos?
3. The 2023 Hong Kong Web3 Carnival
4. Avery Ching’s Announcement
5. Upcoming Upgrades to the Aptos Ecosystem
6. Aptos and Sharding
7. The Aptos Ecosystem Projects
8. Conclusion
9. FAQs
# On April 13th, Avery Ching, co-founder and CTO of Aptos, Announced Support for Multiple Sharding Solutions at the 2023 Hong Kong Web3 Carnival

Introduction

The world of blockchain technology is continuously evolving, and the latest addition to this is the concept of Web3 infrastructure. At the center of this infrastructure is Aptos, a blockchain network that is gaining increasing popularity worldwide. On April 13th, 2023 at the 2023 Hong Kong Web3 Carnival, Avery Ching, co-founder and CTO of Aptos, made an announcement which has since set the blockchain industry on fire.

What is Aptos?

Aptos is a next-generation blockchain platform developed by a group of industry experts. The platform aims to provide a high-speed, scalable, and decentralized ecosystem that can cater to a wide range of applications. Aptos has been developed on the blockchain infrastructure and operates on a Proof of Stake (PoS) consensus algorithm, making it more energy-efficient than other blockchain platforms currently available in the market.

The 2023 Hong Kong Web3 Carnival

Web3 infrastructure, the latest buzzword in the world of blockchain technology, took center stage at the 2023 Hong Kong Web3 Carnival. This event brought together top blockchain experts, developers, and entrepreneurs from across the globe to discuss the future of blockchain.

Avery Ching’s Announcement

Avery Ching, the co-founder and CTO of Aptos, made a significant announcement during his presentation at the 2023 Hong Kong Web3 Carnival. Avery stated that Aptos plans to support multiple sharding solutions in the future, which will significantly enhance the scalability and transaction throughput of its ecosystem. Furthermore, Avery announced the release of a 1.4 upgrade from April to May 2023. This upgrade will offer blockchain logic, Move, and smart contract frameworks, including APS 10&11, lower transaction costs, Quorum Store, developer tools, and sharding development.

Upcoming Upgrades to the Aptos Ecosystem

The upcoming 1.4 upgrade to the Aptos ecosystem is set to bring in a significant number of improvements. With blockchain logic, Move, and smart contract frameworks like APS 10&11, developers can build decentralized applications that work seamlessly on Aptos. Moreover, the upgrade will help reduce transaction costs, making it more affordable for users to transact on the platform.
The Quorum Store, which is part of the upcoming 1.4 upgrade, is expected to deliver faster transaction times, ensuring Aptos remains one of the fastest-growing blockchain platforms in the industry. Additionally, the new developer tools and sharding development are essential to Aptos’s future growth and scalability, enabling it to build a robust, secure, and decentralized network that can handle modern-day blockchains and applications.

Aptos and Sharding

To ensure that the Aptos ecosystem can scale to meet the demands of modern-day applications and blockchain technology, the platform plans to support multiple sharding solutions in the future. Sharding technology enables blockchain networks to partition their data into smaller chunks, increasing the overall throughput capacity of the network. Aptos’s support for multiple sharding solutions will improve the ecosystem’s performance, as a larger number of transactions can be processed simultaneously.

The Aptos Ecosystem Projects

The Aptos ecosystem currently has over 100 projects, with over 200 under construction and over 500 developers. These projects leverage the unique features of the Aptos blockchain platform to build innovative and scalable decentralized applications. The ecosystem includes various areas, including DeFi, gaming, digital identity, governance, and more.

Conclusion

Avery Ching’s announcement at the 2023 Hong Kong Web3 Carnival has created quite a buzz in the blockchain industry. Aptos’s focus on sharding technology will significantly enhance its scalability, making it a top contender in the blockchain industry. The upcoming 1.4 upgrade is set to deliver a significant number of enhancements to the platform. The Aptos ecosystem is fast-growing, with many exciting projects in the pipeline. The future looks bright for Aptos and the blockchain industry as a whole.

FAQs

1. What is Aptos?
Aptos is a next-generation blockchain platform developed by a group of industry experts. The platform aims to provide a high-speed, scalable, and decentralized ecosystem that can cater to a wide range of applications.
2. What did Avery Ching announce at the 2023 Hong Kong Web3 Carnival?
Avery Ching, the co-founder and CTO of Aptos, announced that the platform plans to support multiple sharding solutions in the future, which will significantly enhance the scalability and transaction throughput of its ecosystem. Furthermore, Avery announced the release of a 1.4 upgrade from April to May 2023.
3. How many projects are there in the Aptos ecosystem?
The Aptos ecosystem currently has over 100 projects, with over 200 under construction and over 500 developers.