Aptos is a decentralized network that aims to provide Web3 developers with a modern platform for building DApps. It is reported that DApps based on the independent Aptos blockchain are designed to provide higher security, excellent user experience and more powerful upgrade capabilities. These DApps are written in the newly developed Move programming language, making Aptos the first decentralized ecosystem based on the Move language.
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The Aptos whitepaper was released in September 2022, and soon after, on October 22, 2022, Aptos launched the Autumn mainnet, becoming the first blockchain to adopt the Move language in a live network environment. Move is a computer coding language based on Rust, independently developed by Meta (formerly Facebook), and this is how Aptos was born. The Aptos decentralized project is a formal technology startup, essentially a continuation of Meta's abandoned Web3 project.
Aptos claims that its number of transactions per second will eventually be able to reach about 130,000. Aptos is reportedly able to achieve such a high transaction speed because of an innovative technology called Block-STM, a parallel execution engine for the Aptos mainnet equipped with smart contracts. Aptos uses a unique model where transactions processed simultaneously are verified after the fact. It is reported that due to the existence of this technology, a single failed transaction will not slow down the network processing speed.
The Aptos network token is designed to empower businesses that operate on its decentralized platform. Within just two weeks of its launch, Aptos attracted more than 30 DApps to be deployed on it. Of course, the DApps that companies and developers choose to build in the Aptos ecosystem in the future will also use its network cryptocurrency to promote the development of blockchain products and services. Aptos uses "$APT" as the token code. Aptos prices are updated in real time on Binance.
