In February 2024, Aptos research director Alexander Spiegelman accused Monad of plagiarizing BlockSTM technology.
Aptos Accusations Towards Monad
Alexander Spiegelman claims that Monad copied the BlockSTM technology, a parallel execution engine. Monad recently secured $225 million in funding, boosting its valuation to $3 billion.
Monad's Response to Allegations
Monad co-founder James Hunsaker denied the allegations, stating that BlockSTM is simply an extension of existing research and his team never accessed Aptos’ code.
Developments and Future of Blockchain Projects
While the plagiarism claims remain unresolved, Monad continues to expand in the blockchain space, attracting significant investor interest. Aptos has not announced any legal action yet. Meanwhile, new projects like Aureal One are emerging with groundbreaking technology for the future.
The dispute between Aptos and Monad highlights the relevance of plagiarism issues in the rapidly evolving blockchain industry. Both participants and observers continue to watch closely.
