Flow

Aptos

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	<p>Aptos, a Layer 1 blockchain designed to evolve and adapt, has announced the release of Move v1.3, which brings significant improvements and innovations to their platform.</p>
<p>In a recent Twitter thread, <a href="https://aptoslabs.com" rel="nofollow noopener" target="_blank">Aptos</a> highlights some of the key features and enhancements introduced in this latest update.</p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">1/ <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4e2.png" alt="📢" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Let’s dive into Move v1.3!</p>
<p>Check out the new network features and improvements in the latest Aptos release <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;" /></p>
<p>— Aptos (@Aptos_Network) <a href="https://twitter.com/Aptos_Network/status/1660735172554391552?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 22, 2023</a></p></blockquote>
<h2 id="deep-dive-into-aptos-new-features">Deep dive into Aptos’ new features</h2>
<p>One of the major developments is the introduction of Move Objects, a framework that simplifies resource management across diverse assets.</p>
<p>This allows developers to access and manage heterogeneous assets using global storage independent of accounts, streamlining development complexity and enabling new possibilities in composability, ownership management, multiple resources per account, event tracking, secure permissions, and persistent storage.</p>
<p>The release of Multisig Account v2 offers enhanced functionalities compared to the original multisig account design. By utilizing Multi-ed25519 auth keys, key custody and asset security have been significantly improved, resulting in better treasury management and smart <a href="https://crypto.ro/en/dictionary/contract/">contract</a> administration.</p>
<p>Additionally, the Move library has been expanded with advanced math functions, allowing for increased accuracy in financial calculations and enabling <a href="https://crypto.ro/en/education/best-bitcoin-app/">DeFi apps</a> to perform complex operations with greater efficiency.</p>
<p>This enhancement strengthens the foundation for a wide range of financial applications on the Aptos <a href="https://crypto.ro/en/dictionary/blockchain/">blockchain</a>.</p>
<h2 id="gas-reductions">Gas reductions</h2>
<p>Gas reductions have also been a significant focus in this release, with Aptos witnessing remarkable improvements in gas efficiency.</p>
<p>With the implementation of AIP-17, 90% of transactions on Aptos are witnessing a 10x or more reduction in gas, while execution gas usage has been lowered by up to 100x.</p>
<p>These improvements not only enhance the overall efficiency of the network but also contribute to a more cost-effective user experience.</p>
<p>Aptos invites the community to share feedback on these innovations and improvements from Move v1.3 and to provide suggestions on how to best support the community with the latest news. The team is already looking ahead to v1.4, promising further exciting developments in the future.</p>
<h2 id="market-conditions-and-apt-token-performance">Market conditions and APT token performance</h2>
<p>While Aptos introduces new features and enhancements, it&#8217;s important to consider the current market conditions. <a href="https://crypto.ro/en/cryptocurrencies/aptos/">APT</a>, the native token of the Aptos blockchain, has experienced a decline in price over the past 30 days due to the overall bearish market sentiment.</p>
<figure id="attachment_21723" aria-describedby="caption-attachment-21723" style="width: 1858px" class="wp-caption alignnone"><img decoding="async" class="wp-image-21723 size-full" src="https://crypto.ro/en/wp-content/uploads/2023/05/Aptos-APT-price-in-the-last-3-days.jpg" alt="Aptos APT price in the last 3 days" width="1858" height="792" srcset="https://crypto.ro/en/wp-content/uploads/2023/05/Aptos-APT-price-in-the-last-3-days.jpg 1200w, https://crypto.ro/en/wp-content/uploads/2023/05/Aptos-APT-price-in-the-last-3-days-300x128.jpg 300w, https://crypto.ro/en/wp-content/uploads/2023/05/Aptos-APT-price-in-the-last-3-days-1024x436.jpg 1024w, https://crypto.ro/en/wp-content/uploads/2023/05/Aptos-APT-price-in-the-last-3-days-768x327.jpg 768w, https://crypto.ro/en/wp-content/uploads/2023/05/Aptos-APT-price-in-the-last-3-days-750x320.jpg 750w, https://crypto.ro/en/wp-content/uploads/2023/05/Aptos-APT-price-in-the-last-3-days-1140x486.jpg 1140w" sizes="(max-width: 1858px) 100vw, 1858px" title="Aptos unveils Move v1.3 with major enhancements 1"><figcaption id="caption-attachment-21723" class="wp-caption-text">Aptos (APT) price in the last 30 days | CoinMarketCap</figcaption></figure>
<p>However, the blockchain&#8217;s health remains strong, with active development activity and network recovery.</p>
<p>Investors in APT may need to exercise patience as the token&#8217;s price enters a low volatility zone, according to <a href="https://crypto.ro/en/dictionary/bollinger-band/">Bollinger Bands</a>.</p>
<p>The Money Flow Index (MFI) suggests a downtick in the near term, decreasing the likelihood of an immediate uptrend. Nonetheless, the MACD presents a bullish advantage, indicating the potential for a turnaround in the market.</p>
<figure id="attachment_21722" aria-describedby="caption-attachment-21722" style="width: 1814px" class="wp-caption alignnone"><img decoding="async" class="wp-image-21722 size-full" src="https://crypto.ro/en/wp-content/uploads/2023/05/The-Money-Flow-Index-MFI.png" alt="The Money Flow Index MFI" width="1814" height="778" srcset="https://crypto.ro/en/wp-content/uploads/2023/05/The-Money-Flow-Index-MFI.png 1200w, https://crypto.ro/en/wp-content/uploads/2023/05/The-Money-Flow-Index-MFI-300x129.png 300w, https://crypto.ro/en/wp-content/uploads/2023/05/The-Money-Flow-Index-MFI-1024x439.png 1024w, https://crypto.ro/en/wp-content/uploads/2023/05/The-Money-Flow-Index-MFI-768x329.png 768w, https://crypto.ro/en/wp-content/uploads/2023/05/The-Money-Flow-Index-MFI-750x322.png 750w, https://crypto.ro/en/wp-content/uploads/2023/05/The-Money-Flow-Index-MFI-1140x489.png 1140w" sizes="(max-width: 1814px) 100vw, 1814px" title="Aptos unveils Move v1.3 with major enhancements 2"><figcaption id="caption-attachment-21722" class="wp-caption-text">The Money Flow Index (MFI) | TradingView</figcaption></figure>

Aptos unveils Move v1.3 with major enhancements

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