Unlike the current public network, such as Ethereum, Aptos inherits the main technical specifications of the Diem project, uses the Move programming language and the BFT consensus protocol, Seeking to create a more scalable chain of blocks to meet the needs of billions of users and large corporate customers. to handle the storage and transaction of crypto assets in a convenient way.
Aptos development is partly based on a technology that has been publicly developed at Diem for the past three years. The Move language is a completely new development language, focused on security, scalability and the ability to upgrade the blockchain.
The project has added a long list of Level 1 blockchain networks that attempt to undermine the status of existing blockchains. According to Technical Director Avery Ching, they compete directly with Solana. He also added that «existing blockchains are unreliable, they have many hours of interruptions in work».
The price dynamics followed the standard pattern: after listing on exchanges, the token rate rose sharply (you can see on the chart) and peaked at $13.73. According to our records, it happened early on October 19.
Data show that under ideal conditions, Aptos' public network will be able to handle 160,000 transactions per second in the future, and currently it can handle more than 10,000 transactions per second. At the moment, the Aptos ecosystem is developing more than 100 projects covering DeFi, NFT, GameFi, purse and other areas.