Aptos staking developers: Aptos adopts a false PoS mechanism, and APT tokens are owned by the exchanges
ChainCatcher message, Solana developer Paul Fidika, who is engaged in Aptos staking development, revealed on Twitter the reasons for stopping his work on Aptos: 1. The Aptos tokens sold by FTX, Coinbase, and Binance have already been owned and staked by the exchanges, with no ICO; 2. Aptos lacks community operation and has no permissionless validators; 3. It employs a false PoS mechanism; 4. It cannot share rights across mining pools; 5. The Aptos BFT V4 version is merely a renaming of the Diem BFT V4 version, using the HotStuff algorithm. (source link)
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