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Aptos Labs launches MonoMove, increasing smart contract execution speed by up to 55 times

PANews October 6 reported, citing TheStreet, that Aptos Labs has launched MonoMove,Aptos the largest proposed upgrade in the history of blockchain execution engines. Internal tests showed that the new engine runs smart contracts up to 55 times faster than the current system.Aptos Labs said its existing engine is already one of the fastest among production-grade blockchains. The tests replayed real mainnet transactions. On Decibel, the on-chain exchange incubated by Aptos Labs, collateral withdrawal speed increased by up to 55 times, order placement speed by up to 22 times, and end-to-end sequential throughput by up to 11 times. The tests simulated order books, liquidity pools, lending markets, oracle updates, and payment flows.Aptos Labs said the remaining bottlenecks are mainly between the execution and storage layers. MonoMove is expected to be feature-complete by 2026 the end of the year, 20...