What is APTOS Layer 1 Blockchain (APT)? A Complete Guide
Aptos network: the cutting-edge, independent PoS Layer 1 project, one of the world's safest and most scalable Layer 1 blockchain.
What is APTOS Layer 1 Blockchain (APT)? A Complete Guide
Aptos blockchain development is led by Aptos Labs, founded by former Meta employees: Mo Shaikh and Avery Ching.
Developed with trustless governance protocols that focus on data privacy and secure transactions, APT provides a seamless solution for creating resilient distributed apps. With our comprehensive guide to the inner workings of the API layer of the protocol stack, we'll explain all aspects of what makes APTOS Layer 1 Blockchains a go-to choice for decentralized applications. Keep reading to learn more!
What is the Layer 1 Blockchain (APT)?
The Aptos blockchain, built on the principles of scalability, safety, reliability, and upgradeability, aims to tackle these challenges head-on. Developed over the course of three years by a global team of 350+ developers, the Aptos blockchain introduces groundbreaking advancements in consensus, smart contract design, system security, performance, and decentralization. Experience a new era of innovation and efficiency with Aptos. (source: Aptos Whitepaper)
How Does APTOS Blockchain Work and What Are Its Benefits?
APTOs Blockchain is a distributed ledger technology that seeks to redefine how transactions are conducted. The technology is based on a decentralized system that allows users to manage their data and transactions without the need for intermediaries. The Blockchain records transactions in a permanent and auditable way, increasing security by ensuring that the data is tamper-proof.
- The Aptos blockchain seamlessly integrates and internally utilizes the Move language to ensure swift and secure transaction execution. The Move prover, a formal verifier for smart contracts written in the Move language, offers added safeguards for contract invariants and behavior. This unwavering focus on security empowers developers to effectively safeguard their software from malicious entities.
- Secondly, the Aptos data model facilitates flexible key management and hybrid custodial options. This, in conjunction with transaction transparency prior to signing and practical light client protocols, establishes a safer and more reliable user experience.
- Thirdly, to achieve exceptional throughput and minimal latency, the Aptos blockchain harnesses a pipelined and modular approach for the key stages of transaction processing. Specifically, transaction dissemination, block metadata ordering, parallel transaction execution, batch storage, and ledger certification all operate concurrently. This approach maximizes the utilization of available resources, enhances hardware efficiency, and enables highly parallel execution.
- Fourthly, unlike other parallel execution engines that compromise transaction atomicity by necessitating upfront knowledge of the data to be read and written, the Aptos blockchain liberates developers from such constraints. It efficiently supports atomicity with arbitrarily complex transactions, fostering increased throughput and reduced latency for real-world applications while simplifying development.
- Fifthly, the Aptos modular architecture design prioritizes client flexibility and optimizes for frequent and seamless upgrades. Furthermore, to swiftly deploy new technological innovations and support evolving web3 use cases, the Aptos blockchain incorporates embedded on-chain change management protocols.
- Lastly, the Aptos blockchain is actively exploring future initiatives to transcend individual validator performance limitations. Its modular design and parallel execution engine facilitate internal sharding of a validator, while homogeneous state sharding holds the potential for horizontal throughput scalability without imposing additional complexity on node operators.
Aptos funding round
In March 2022, Aptos secured $200 million in a seed funding round, led by the prestigious venture capital firm, Andreessen Horowitz (a16z).
Just a few months later, in July, the startup achieved yet another milestone by successfully raising an additional $150 million in a Series A funding round, with the support FTX Ventures and Jump Crypto. Two months later, Binance Labs made a strategic investment of an undisclosed amount in Aptos, bringing its valuation to $4 billion in September.
Aptos token APT
See more of the live APT coin price by using our widget.
Current Market Cap: $1,170,184,492
Fully Diluted Market Cap: $5,357,989,580
Circulating Supply: 230,157,135
Total Supply: 1,054,722,358
24h Trade Volume: $91,394,346
Overview of the APTOS Ecosystem
The APTOS Ecosystem currently encompasses a diverse range of 76 projects (DApps) across various fields such as:
- Social: web3 social networks, sharing content accross all platforms seamlessly.
- Gaming: Creators have the power to craft immersive gaming universes that foster true ownership, embrace the free-to-play model, and unlock exciting GameFi opportunities.
- DeFi: from multichain platforms like PancakeSwap, Sushiswap to DEX aggregators like and cross-chain lending platform. They also have a partnership with MasterCard.
- Wallets: self custodial wallets integrated by +10 major brands like Mathwallet and Trust Wallet.
Using APTOS to Create Decentralized Applications (DApps)
With the APTOS platform, developers have a powerful tool for creating DApps that offer unprecedented levels of decentralization, security, and transparency. By leveraging the power of blockchain technology, APTOS enables developers to create DApps that operate independently of centralized servers and provide users with complete control over their own data.
In conclusion, APTOS is an innovative layer 1 blockchain that brings together the power of distributed ledger technology with the scalability and speed of traditional enterprise software. With a strong community of more than 420 000 followers on X platform.
Official Aptos blockchain website: https://aptosfoundation.org/