Utilizing the Move programming language, which is based on Rust, ptos, a Layer 1 blockchain, provides customers with improved scalability, stability, security, and usability. The Aptos blockchain, dubbed “Aptos Autumn,” was introduced on October 17, 2022, after significant funding.
Aptos’s parallel execution engine, which enables a high transaction throughput, is one of its most notable features. As a result, Aptos can process up to 160,000 transactions per second while still offering strong security and dependability. Additionally, Aptos puts a high priority on security, combining safe protocols, encryption, and affordable transactions to appeal to users.
The team at Aptos Labs, which is overseen by co-founders Mo Shaikh and Avery Ching and consists of a wide range of developers, engineers, and strategists, is responsible for creating and overseeing Aptos. Aptos Labs is dedicated to developing and expanding the Aptos blockchain.