What is Aptos (APT)?

Aptos (APT) is a scalable Layer-1 blockchain network project. Founded by former Meta employees, Aptos aims to bring the ideas of decentralization and Web3 to wider audiences.
This blockchain, designed in three years by Aptos Labs, which consists of more than 300 developers, offers new solutions in smart contracts and decentralized applications. While doing this, the principles that Aptos observes are scalability, security, reliability and upgradeability. Aptos, a Proof-of-Stake (PoS) blockchain, stands out as a very advantageous platform for decentralized application developers.
APT token project
APT token is the native cryptocurrency of the Aptos blockchain network. On October 18, 2022, when the Aptos mainnet went into operation, 1 billion APT tokens were issued in the first place. The APT token, which has already been shown among the promising Web3 tokens, can be staked to become a validator on the network or used for transaction fees on the network.
Who are the founders of the Aptos project?
Aptos was founded by Avery Ching and Mo Shaik, who previously worked on Meta's Diem blockchain project. Ching and Shaik adapted the “parallel execution” technique to Aptos, which was originally created in the days of Diem and aimed to keep the costs low while speeding up transactions on the network. The Aptos mainnet was opened on October 18, 2022. #ContentStar# #GateioTurns10#