In this crypto news, there is a conflict between two blockchain initiatives, Aptos and Monad. The Director of Aptos Research, Alexander Spiegelman, accused Monad of copying open-source code without proper referencing. James Hunsaker, one of Monad's founders, denied the allegation and stated that their technology, BlockSTM, is a development of the concept of Software Transactional Memory (STM) in the Haskell context. This rivalry reflects the competition among blockchain projects for technological advancement.

Despite the dispute, Aptos has been experiencing success, with a growing user count and a rise in the adoption of the native stablecoin, USDC. The ecosystem's developers have also increased significantly. Additionally, the Aptos community shows active engagement, with some community members driving initiatives to promote the ecosystem.

It remains contested whether Monad simply created a comparable concept or actually copied Aptos' technologies.



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