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Aptos is a Layer 1 Proof-of-Stake blockchain that is aimed to bring Web3 adoption.
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It empowers an ecosystem of DApps to solve real-world user problems.
Aptos is a public blockchain that employs a novel smart contract programming language called Move. It is a Rused-based programming language that was independently developed by Meta. It is built to facilitate easy adoption of Web3.
Through parallel transactions, the PoS blockchain can achieve a theoretical transaction throughput of over 150,000 transactions per second. Its primary focus is high throughput and robust security for smart contracts which are developed by using the Move programming language.
Founders and History of Aptos
Aptos raised $200 Million in a seed round in March 2022 from the venture capital firm Andreessen Horowitz. Tiger Global and Multicoin Capital are among other crypto heavyweights that took part in the funding round. In Series A round led by Sam Bankman Fried’s FTX Ventures
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