Bitazza Thailand Blog

Meet Aptos (APT) - The Layer 1 Blockchain from Former Facebook Engineers

Written by Bitazza Team | Aug 1, 2024 1:21:58 PM

 

What is Aptos (APT)

Aptos (APT) is a Layer-1 proof-of-stake (PoS) blockchain designed to bring a new level of scalability, security, and usability to decentralized applications (dApps). Aptos aims to address the limitations of existing blockchains by leveraging advanced consensus mechanisms and innovative technology through a novel smart contract programming language called Move, a Rust-based programming language that was independently developed by Meta Platforms (formerly Facebook)’s Diem blockchain engineers. Aptos is poised to revolutionize the blockchain space with its focus on performance and user experience. The PoS blockchain can achieve a theoretical transaction throughput of over 150,000 transactions per second (TPS) through parallel execution.

The Purpose of Aptos (APT)

Aptos is built to provide a high-performance blockchain infrastructure that supports the development of scalable dApps. It utilizes a novel consensus algorithm called AptosBFT, which enhances transaction throughput and reduces latency. AptosBFT ensures that the network remains secure and resilient, even in the face of network disruptions. Aptos also emphasizes developer-friendly features, offering tools and resources to simplify the creation and deployment of dApps.

How to Buy Aptos (APT)

To purchase Aptos (APT) on Bitazza, you must first create an account on Bitazza. Then deposit funds into your account, search for the APT token and complete your purchase and start trading or using APT to be a part of Aptos network. You can also trade over 90 cryptocurrencies on the platform.

Why Choose Aptos (APT)

Aptos offers several key advantages that make it a compelling choice for developers and users alike such as:


  • High performance: Aptos leverages AptosBFT, a cutting-edge consensus algorithm, to deliver high transaction throughput and low latency.
  • Security: With robust security measures and a resilient network, Aptos ensures the safety of users' assets and data.
  • Developer friendly: Aptos provides comprehensive tools and resources to simplify the development and deployment of dApps, making it an attractive platform for developers.
  • Scalability: Aptos is designed to support large-scale applications, making it suitable for a wide range of use cases, from finance to gaming.

Key Information

Token Name: Aptos (APT)

Total Supply: 1 billion APT (1,099,652,147)

Primary Use Cases: Decentralized applications, governance, staking, and transaction fees

Join the Aptos Community

Stay updated with the latest news and developments by following Aptos on social media and participating in community forums. Join the Aptos community and be part of the future of scalable and secure blockchain technology.

Disclaimers

*Cryptocurrency and digital tokens involve high risks; investors may lose all investment money and should study information carefully and make investments according to their own risk profile. 

**Past performance does not guarantee future performance.

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