Aptos is a Layer 1 blockchain project made by a team who used to work at Meta. It's all about making a strong, fast, and user-friendly Web3 setup.
Description
Here's how it works:
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Uses Move Programming Language: Aptos uses a language called Move, made with Rust, to run transactions quickly and safely.
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Good Key Management and Safe Keeping of Crypto: They've got a system that's designed to be really safe and trustworthy for everyone using it.
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Fast Transaction Processing: Aptos can handle different parts of a transaction at the same time, which means things get done faster.
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Easy to Update: Its modular design lets Aptos make quick and smooth updates.
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Can Handle a Lot of Users and Transactions: It's made to scale up well, so lots of people can use it without slowing down.
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Secure Consensus Mechanism: Aptos uses a special way (Byzantine fault-tolerant proof-of-stake) to agree on transactions, which is fast, secure, and easy to check.
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Really Fast and Doesn't Get Bogged Down: Aptos is super quick, handling up to 150,000 transactions every second.
In summary, Aptos is like a new, fast, and secure highway for the Web3 world, making things better for everyone using it.
Team of the Project
Mohammad Shaikh
Co-Founder and CEO
Avery Ching
Co-Founder & CTO
Funding
Undisclosed
Undisclosed
Strategic Investment
Led by Dragonfly Capital.
Undisclosed
Undisclosed
Strategic Round
Led by Binance.
$150,000,000
$150,000,000
Series A
Led by Jump Crypto, FTX Ventures, Multicoin Capital, a16z (Andreessen Horowitz), Circle Ventures, Griffin Gaming Partners, Franklin Templeton, Apollo Capital.
$200,000,000
$200,000,000
Strategic Round
Led by a16z (Andreessen Horowitz), Coinbase Ventures, Variant Fund, Multicoin Capital, ParaFi Capital, BlockTower Capital, Hashed, Tiger Global Management, FTX Ventures, Kathryn Haun, Paxos.