What Is Aptos?
Key Takeaways
Aptos is a next-generation Layer-1 blockchain designed for scalability, security, and upgradeability.
Utilizing the Move programming language, Aptos provides low latency and high throughput, empowering developers to build next-generation decentralized applications.
With a robust ecosystem, Aptos aims to revolutionize the blockchain space by making Web3 technology accessible to all.
Introduction
Founded in 2022, Aptos is rapidly becoming a favorite among blockchain developers. With its next-generation technology and robust, global community of builders, Aptos is setting new standards in the Web3 space. This article explores why builders and enterprises are flocking to Aptos and what features make it ideal for bringing innovative use cases to life.
What Is Aptos?
Aptos is a Layer-1 blockchain founded by the original creators of the Diem blockchain. The name "Aptos" means "the people," reflecting its mission to provide fair access to decentralization. Aptos aims to be a safe, scalable, and upgradable blockchain network, enabling developers to create advanced applications without worrying about scalability, security, or upgradeability.
The Aptos technology stack was researched, designed and developed by a 30-person team of researchers and engineers with domain expertise and PhDs in consensus, cryptography, distributed systems, formal verification, security, and more. The Aptos codebase has grown substantially since 2019 with more than 90 Aptos Improvement Proposals (AIPs) contributions from developers and members of the global Aptos community. It was battle-tested in a production environment through several different use cases in a private mainnet with zero downtime. The codebase is open source and community-governed with a long-term goal to build infrastructure that can be used for many networks.
How Does Aptos Work?
Aptos is a Layer-1 blockchain that uses a unique consensus mechanism called the Byzantine Fault Tolerant (BFT) consensus protocol for efficiency. This protocol ensures high throughput and low latency, making Aptos one of the fastest blockchains available with a peak throughput of 30,000 transactions per second (TPS) with 99.99% uptime to ensure fast and reliable transactions.
Aptos is also the first blockchain to use the Move programming language, specifically designed with secure and efficient blockchain development in mind. With Move, developers can build future-proof decentralized applications on Aptos without having to worry about scalability, security, and upgradeability. Further, the use of Move on Aptos means gas fees are up to 100 times lower than traditional Layer-1 blockchains.
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