• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Aptos - scalable L1 blockchain

Aptos - scalable L1 blockchain

user avatar

by Alexandra Smirnova

2 years ago


Aptos is a new independent project that implements the vision of providing the world's safest and most production-ready blockchain.

Contents:

Aptos Ecosystem

Introduction to Aptos

Aptos is a blockchain that aims to be scalable. This means that it won't slow down when it gets busier than usual, thereby saving people's time and money while striving to be safe and reliable.

The White paper states that the Aptos blockchain has been developed over the past three years by more than 350 developers worldwide. It offers new innovations in consensus, smart contract design, system security, performance, and decentralization. The combination of these technologies will provide a fundamental blockchain for delivering web3 to users.

Aptos was founded by CEO Mo Shaikh and CTO Avery Ching, who were former employees at Facebook Meta owners. They were part of the team responsible for attempts to create the Diem blockchain and Novi cryptocurrency wallet. Although these plans never materialized, the skills and technologies that were already in place are being used for the new project, which also works with non-fungible tokens (NFT).

Aptos Blockchain Capabilities

The blockchain uses a Byzantine Fault Tolerant (BFT) consensus protocol, which ensures high performance. Based on the original BFT consensus "Hotstuff", Aptos Labs spent 3 years developing its BFT V4 engine. The blockchain has the following capabilities:

Feature Description
Zero Downtime Achieved through a diverse set of operators.
Fast Transaction Finality Ensures quick confirmation of transactions.
Decentralization The project is well-suited for decentralization.

 

These features make APTOS a strong L1 blockchain for deploying smart contracts. The project also has a special feature known as parallel execution. This means that APТOS can run multiple chains simultaneously. For comparison, modern blockchains like Bitcoin or Ethereum use sequential execution. Simply put, they can only process a transaction after verifying the previous one. The project also uses a programming language called Move. In the past, Move was built specifically for the development of Diem. Now, it helps developers create APTOS. The MOVE programming language has several advantages:

  • easy setup of digital assets;
  • secure information storage;
  • simple error correction;
  • quick code verification and testing;
  • simple multi-chain development for applications.

Compared to Solidity, Move has better features and more tools for developers to create their smart contracts.

Mechanism for Interacting with NFTs

NFTs are digital assets that can come in the form of art, music, in-game items, videos, and much more. They are bought and sold online, often with cryptocurrency, and they are typically encoded with the same underlying software as many cryptocurrencies. Developers have made many improvements for minting millions of NFTs:

  • a highly efficient Aptos parallel execution mechanism significantly speeds up the ability to mint NFTs: both creating and replenishing new accounts, and then minting NFTs for them;
  • Aptos CLI allows you to test the contract locally and then easily deploy it to the network with confidence in its functionality;
  • Typescript SDK allows you to write a quick script and then create and send a transaction to mint the actual NFT.

The Aptos toolkit ultimately allows users to deploy hundreds of instances in the cloud, continuously sending transactions in a cycle. Aptos can issue a significant number of NFTs simultaneously, on multiple platforms.

 
0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other articles

Datagram Network is an innovative platform for private and reliable information transfer

chest

Modern technologies require reliable data protection. Datagram Network offers decentralized information exchange without trusting servers, using cryptography and p2p networks for direct communication.

user avatarMax Nevskyi

Hut 8 Mining is an innovative cryptocurrency mining company

chest

Hut 8 Mining is a leading Canadian Bitcoin mining operator founded in 2017. The company stands out for its innovative approach, using sustainable energy solutions in its North American data centers.

user avatarMax Nevskyi

REVENGE — A PvE Shooter with Web3 and Twitch Elements: Unique Gameplay Mechanics, Blockchain, and NFT

chest

REVENGE is a cooperative PvE shooter with blockchain integration and Twitch support, where viewers can influence the game. The game uses NFTs, $EVER tokens, and cross-platform sessions for a unique gaming experience.

user avatarEve Adams

AllScale: Simplifying International Payments for Small and Medium Businesses with Stablecoins

chest

Learn how AllScale helps small and medium enterprises around the world use stablecoins for instant and secure payments, simplifying international transactions and regulatory compliance.

user avatarEve Adams

UFO Gaming: Play, Earn, and Own Virtual Worlds

chest

UFO Gaming is an innovative blockchain project that combines games and NFT technology. The platform allows players to earn through a Play-to-Earn system using the internal UFO token for transactions and management.

user avatarMax Nevskyi

0xAstra: Next-Generation Omnichain Strategy - NFTs, Tokens, and Space Battles

chest

Learn about 0xAstra — an omnichain strategy combining NFTs, cross-chain interactions, and AI. A detailed overview of gameplay, tokens, and opportunities for players.

user avatarEve Adams
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.