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Aptos

Aptos (APT)

• Practical Byzantine Fault Tolerance
$1.25
-0.3% (24h)
Market Cap 960.62M
24h Volume $73.44M
Circulating 1.13B APT
All-Time High $19.95

About

Aptos is a high-performance Layer 1 blockchain designed to solve the "blockchain trilemma" of scalability, security, and decentralization through a novel architectural approach. Conceived by Aptos Labs, a team largely composed of former engineers from Meta’s Diem project the platform exists to provide a foundation for global-scale decentralized applications. By leveraging years of research from the Libra/Diem initiative, Aptos aims to provide a user experience that rivals centralized web services, focusing on sub-second finality and high transaction throughput.

The most critical technical differentiator of the network is the Move programming language. Move is a resource-oriented language specifically designed for safe and verifiable smart contract development. Unlike Solidity, which manages assets as balances in a ledger, Move treats assets as distinct "resources" that cannot be copied or accidentally discarded. This design naturally mitigates several common blockchain vulnerabilities, such as reentrancy attacks, making the Aptos ecosystem inherently more secure for both developers and institutional participants.

Aptos utilizes Block-STM (Software Transactional Memory) to achieve massive parallelization in transaction execution. While traditional blockchains like Ethereum process transactions sequentially, Block-STM allows the Aptos engine to execute thousands of transactions simultaneously across multiple CPU cores. The system optimistically processes transactions in parallel and only re-executes those with detected dependencies, a method that allows the network to reach theoretical speeds of over 100,000 transactions per second without compromising data consistency or finality.

The APT token is the native utility and governance asset of the protocol, serving as the primary fuel for all network operations. It is used to pay for transaction gas fees and to incentivize the decentralized network of validators who secure the ledger. Holders can participate in on-chain governance to influence protocol upgrades and resource allocation. The tokenomics include an inflationary staking reward mechanism that gradually decreases over time, alongside a fee-burning mechanism that acts as a deflationary offset during periods of high network activity.

Aptos also places a significant emphasis on user-friendliness and account recovery, features often missing in early blockchain protocols. It supports hybrid custodial options, key rotation, and transaction pre-execution visibility, which allows users to see the predicted outcome of a transaction before they sign it. This modular architecture allows the protocol to undergo seamless upgrades without disruptive hard forks, ensuring that the network can evolve alongside new technological advancements in the rapidly changing Web3 landscape.

Supported Blockchains

Aptos