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@0xposive
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#Aptos (APT): An Overview of a Next Generation Layer-1 Blockchain
Aptos is a high performance, security focused Layer-1 blockchain that emerged from Meta’s discontinued Diem project. Developed by former Facebook engineers, the network officially launched in 2022. ⚡
Technically, Aptos leverages a purpose built smart contract language called Move, which offers enhanced security by treating digital assets as first class citizens. Its parallel execution engine, Block-STM, enables the network to process over 100,000 transactions per second. The consensus mechanism, based on #DiemBFT, ensures fast finality and strong security guarantees. 🌐
The native token, #APT, is used for governance, staking, and transaction fees. The ecosystem has rapidly expanded to include DeFi protocols, NFT platforms, gaming projects, and developer infrastructure. Backed by generous grant programs and major investors such as #a16z, Jump Crypto, #Binance Labs, and #Coinbase Ventures, Aptos has significant momentum. 0 reply
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