Comparison and Review of MKR and Aptos
MKR (Maker)
Overview
Maker (MKR) is a cryptocurrency that functions as a smart contract platform on the Ethereum blockchain. It is closely associated with Dai, a stablecoin that aims to provide traders with a stable alternative to other volatile cryptocurrencies in the market.
Key Features
- Transparent stablecoin system fully inspectable on the Ethereum blockchain
- Provides a stable alternative for traders
- Collateralizes the system and pays transaction fees on the Maker system
- Offers voting rights within Maker's governance system
- Fully decentralized and democratic structure
Market Position
Currently ranked 43rd in terms of market capitalization
Price Performance
Experienced a 43% increase in price over the past 30 days
Aptos
Overview
Aptos is a high-performance PoS Layer 1 blockchain project that aims to deliver a safe and scalable blockchain platform. It utilizes the Move programming language and the Move VM for application development, specifically optimized for blockchain use cases. The team behind Aptos includes the original creators, researchers, designers, and builders of Diem (formerly known as Libra).
Key Features
- High-performance PoS Layer 1 blockchain
- Leverages the Move programming language and Move VM
- Focuses on safety and scalability
- Raised $200m from prominent investors
- Launched Devnet, incentivized testnet, and targets mainnet release in Q3
Market Position
Currently ranked 38th in terms of market capitalization
Price Performance
Experienced a -22.87% decrease in price over the past 30 days