Aptos Mainnet Launches New Asset Standard AIP-63

Bittime - Aptos Labs launched AIP-63, a new asset standard that improves speed, ease of migration, and security on the Aptos network. Developers and users are invited to immediately test and adopt this standard.

Aptos Mainnet Launches New Asset Standard AIP-63

Aptos Labs just made an announcement about the launch of their new asset standard, AIP-63, in their data centers. This is a new innovation aimed at improving the speed and ease of asset migration on the Aptos network. 

According to the latest information from Chao TechFlow, this new standard is expected to replace the old token standard and allow users to print, transfer and customize more easily.

What is AIP-63?

AIP-63 is a new standard developed by Aptos Labs to address various issues faced by developers and users when printing, transferring, and customizing assets.

Improved Smart Contracts and UI

Smart contract improvements are an important thing that developers should pay attention to. Additionally, the off-chain UI balance display logic must be updated to meet this new standard. With these improvements, the user experience is expected to be better and more responsive to changes.

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Automated Testing and Migration

Aptos Labs asked their entire ecosystem to test the AIP-63 standard immediately. It's critical to find and fix any issues before widespread implementation. Additionally, Aptos will implement an automatic migration in the future from CoinStore to Primary Fungible Store. All assets will be free to move to the new standard thanks to this move.

Benefits of the New Standard AIP-63

With the implementation of AIP-63, it is hoped that the following main benefits can be felt by users and developers:

• Efficiency Optimization: Printing, transferring, and customizing assets becomes faster and easier.

• Migration Facility: Automated migration reduces the difficulties and errors that may occur during the asset movement process.

• Security Improvements: This new standard has several security improvements to safeguard user assets.

Conclusion

With the launch of the AIP-63 standard, Aptos Labs has taken a major step in improving their blockchain ecosystem. Developers and users are expected to greatly benefit from this new standard, which increases the speed and ease of migration. To ensure a smooth transition to a better standard, all members of the Aptos ecosystem are expected to quickly test and adopt AIP-63.

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