Aptos vs. Sui: Comparing the Two Rising Crypto Blockchains

Aptos and Sui are two cryptocurrency blockchains that were created by former employees of the Diem project, a payment project from Facebook/Meta that ended abruptly in 2022. Both blockchains aim to provide scalable and secure infrastructure that can compete with existing blockchains like Bitcoin and Ethereum.

One key difference between Aptos and Sui is their programming languages. Both use a Rust-based language called Move, but Sui’s version of Move is slightly modified and uses an object-centric model, while Aptos uses a version closer to the original iteration and an address-centric model. The developer experience on Sui may also be slightly more optimized due to the implementation of the Sui Developer Kit (SDK), which provides developers with open-source, versatile, and user-friendly tools.

Another difference between the two blockchains is their consensus mechanisms. Aptos uses a leader-based BFT consensus mechanism, which separates the execution and consensus layers and uses a parallel execution engine to ensure high throughput and low latency. Sui, on the other hand, uses a hybrid consensus mechanism that combines proof-of-work (PoW) with proof-of-stake (PoS) to achieve high scalability and security.

In terms of tokenomics, Aptos has a native token called APT, which will be used for staking, governance, gas fees, and other operational costs. The total supply of APT is 1 billion tokens, with 51.02% distributed to the community, 19% to core contributors, 16.50% to the Aptos Foundation, and 13.48% to investors. Sui also has a native token called SUI, which will be used for staking, on-chain voting, and paying for gas fees and other operations on the Sui platform. The total supply of SUI is capped at 10 billion tokens, with the exact allocation percentages for the distribution yet to be released.

Both Aptos and Sui have strong teams with significant experience in the blockchain industry and have received funding from reputable investors. Aptos raised $200 million at a valuation of over $1 billion in a funding round led by Andreessen Horowitz, while Sui raised $10 million in a seed funding round led by Polychain Capital.

In conclusion, Aptos and Sui are two promising cryptocurrency blockchains that aim to provide scalable and secure infrastructure for mass adoption of crypto. Both blockchains have unique features and differences in their programming languages, consensus mechanisms, and tokenomics, and it will be interesting to see how they develop and compete in the market.