milanpavilionlcd：Aptos staking developers reveal that APTs listed on the exchange are not from the community
According to milanpavilionlcd, Solana developer Paul Fidika, who worked on Aptos staking development, revealed the reason why he stopped building on Aptos: “1. Dodgy token economics, I think the Aptos tokens sold on FTX, Coinbase and Binance have been The exchanges are owned and staked, and the marketing of these exchanges seems to be that these tokens are sold by the community, but this is not possible because there is no IC0; 2. Aptos has no community run/no license-free validators. All 101 validators are hand-picked by Aptos Labs/Aptos Foundation. Validators must sign an arbitration agreement in the Cayman Islands to be included; 3. Fake PoS mechanism, in essence, Aptos is a proof-of-stake Permissioned chain, for economics rather than security (investors like PoS because it is easier to maintain higher token prices if the circulating supply is mostly locked); 4. Unable to share stake across mining pools, Tortuga Finance and Ditto will Must have its own dedicated stake pool/validator, shared staking appeared in the Aptos core PR in May but has since been removed; 5. Aptos BFT V4 is just a renaming of Diem BFT V4. This means it uses is the HotStuff algorithm; this means that if there are some slow validators, network performance will degrade rapidly. This is another reason why Aptos must closely control its validators.”
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