How Move-based Public Chains are Changing the Current Landscape of Public Chains

The emergence of Move-based public chains is reshaping our understanding of blockchain technology, and they are expected to trigger a Web3 revolution in the future, bringing about a new industry landscape.

Advantages of Move Language

Move is a programming language born for finance, which handles the core token assets of blockchain in a very fitting way and is a truly asset-oriented programming language. This addresses the shortcomings of Solidity in terms of intuitiveness and security.

The Move language has redefined digital assets, treating them as a special and important data type rather than a regular numeric type. It creates Resources to define tokens and stipulates that tokens must be stored under accounts. During transactions, assets cannot be copied or double-spent; they must flow to another address or be destroyed. This design significantly enhances the security of digital assets and effectively prevents accidental loss.

Features of Aptos and Sui

Aptos and Sui, as two high-performance public chains, share some similar characteristics, particularly in terms of parallel processing and scalability:

1. Parallel Processing: It can distinguish between transactions that only require transfer and those that need transfer + collateral, processing the former in parallel and the latter in series, thereby improving the overall network processing speed.

2. Scalability: Taking Sui as an example, its architectural design allows for increasing the transaction processing speed of nodes by adding machine resources. Theoretically, Sui can infinitely scale the network throughput by adding machine resources, achieving real-time settlement capabilities.

These features provide strong network capacity support for the migration of Web2 applications to Web3, potentially triggering a wave of Web2 projects migrating to Web3 in the future.

The Impact of Move-based Public Chains on the Public Chain Landscape

The Move-based public blockchain is likely to change the existing landscape of public blockchains. Currently, most new public blockchains narrate around the concept of "Ethereum competitive chains," trying to create a better Ethereum. However, with Ethereum about to upgrade, these public blockchains must face a soul-searching question: if there is a faster, cheaper, safer, and more decentralized Ethereum, do we still need these compromised competitive chains?

The Move public chain convinces everyone to pay attention and invest by proving its stronger ecological building capabilities. It possesses strong scalability and security, serving as a competitive chain after Ethereum's upgrade, supporting Web3, billions of users, and grand narratives like the metaverse.

Use Cases of Aptos and Sui

The ecological projects on Aptos and Sui are basically similar to those on Ethereum. However, due to the faster TPS, they are more suitable for high-frequency trading scenarios.

Sui is particularly suitable for GameFi development because it has modified Move to be more object-oriented. Sui assets can be defined as the attributes of items or combined into new items. This is very useful in game development.

Aptos currently favors the NFT sector more. It provides a Token client for NFT applications in the official SDK, offering built-in support for NFT minting and querying.

Future Outlook of the Move Ecosystem

Aptos and Sui's vision is to use the Move language as the development language, focusing on improving the security and scalability of blockchain to create an infrastructure network that can serve billions of people. They do not aim to replace existing public chains, but rather to serve markets that are not covered by the existing public chains.

For developers, learning the Move language and participating in Move project development is a great opportunity. For investors and ordinary users, they can participate in and experience the DeFi, GameFi, NFT, and other sectors within the Move ecosystem. Currently, in the Aptos ecosystem, there are the most wallets, infrastructure, and DeFi applications, and many projects already have a large user base and rich development and operational experience.

With the development of Move-based public chains, we can look forward to the Web3 revolution and a new industry landscape they will bring in the future.