What is Aptos (APT)? Aptos is a layer-1 mainnet blockchain with roots stemming back to Meta’s Diem blockchain project. The Aptos blockchain aims to give the Web3 world a secure, scalable blockchain that people can use for various purposes, such as building applications on the network. APT is the native asset of the Aptos blockchain.
Who is behind Aptos?
Aptos is a blockchain that branched out from Meta’s Diem project. In 2019, Facebook (which became Meta) unveiled Libra, its stablecoin project that was eventually renamed Diem. Early in 2022, the Diem project was terminated. Avery Ching and Mo Shaikh, as well as other team members from the Diem project, branched out to form Aptos Labs and create the Aptos blockchain. Aptos utilizes a smart contract language called Move, initially built for the Diem project.
Aptos Labs is the company and team behind the Aptos blockchain. The Aptos Foundation oversees the growth of the Aptos blockchain and the Aptos ecosystem. The Aptos project raised over $300 million in 2022. Is Aptos network secured? The Aptos blockchain aims to prioritize functionality for Web3 by providing a scalable, secure, neutral blockchain for building upon. After multiple testnets, the Aptos blockchain mainnet launched in the latter half of 2022.
Wondering how Aptos works? The blockchain uses a Byzantine fault tolerant (BFT) consensus protocol known as AptosBFT. Other technological features include Block-STM, which in part boosts speed. Aptos use cases include constructing nonfungible tokens (NFTs) on the network.
Aptos price today
Although the Aptos blockchain itself does not have a price, its native asset, APT, does. Transactions on the Aptos blockchain are paid for with APT. Aptos coins, or APT, can be valued against fiat currencies such as the U.S. dollar (USD). The top of the page shows the Aptos price in USD via an APT to USD live price.
This page also includes the Aptos marketcap (APT’s market cap), an Aptos live price chart showing current and historical price action for APT, the Aptos total supply (APT’s total supply) and more. Wondering how to buy Aptos (APT) coins? APT trades on numerous crypto trading platforms. Is Aptos a good crypto investment? Each potential APT buyer must conclude this on their own.
