Aptos is a high-performance Layer 1 Proof-of-Stake (PoS) blockchain designed for scalability, security, and high throughput, launched in October 2022 by Aptos Labs. It uses the Move programming language and parallel execution (Block-STM) to achieve fast, low-cost transactions, targeting DeFi, NFTs, and gaming applications. Binance +4Key Aspects of Aptos: Origins: Developed by former Meta engineers who worked on the Diem/Libra project.Technology: Uses the Move language, which is designed for secure, resource-oriented smart contract development.Performance: Features Block-STM, a parallel execution engine that processes multiple transactions simultaneously, enabling high throughput (thousands of transactions per second).Consensus Mechanism: Employs AptosBFT (Byzantine Fault Tolerance) for high speed and reliability.Native Token (\(APT\)): The \(APT\) token is used for network transaction fees, staking to validator nodes, and on-chain governance.Ecosystem: Built to support decentralized applications (dApps), including stablecoins, payments, and NFTs. Aptos Network +7The network focuses on providing a secure and upgradeable infrastructure, aiming to improve user experience in the Web3 space
