Schedule

Round	Opens	Closes
Sale Begins	1.12.2023 02:00:00 UTC	1.02.2024 16:00:00 UTC

Advancement In Technology

Aptos is an innovative public blockchain (proof of stake) developed by former Facebook employees, with a primary focus on delivering high throughput and robust security for smart contracts developed using the Move programming language. By utilizing a Byzantine Fault Tolerant (BFT) consensus mechanism and the Move language, Aptos establishes itself as a highly secure and scalable Layer 1 blockchain solution.

Aptos has made significant advancements in its consensus protocol, now operating on its fourth iteration called Aptos BFT. This latest iteration boasts the lowest latency and the most advanced features developed to date. Notably, Aptos BFT separates the consensus and execution processes, resulting in optimized authentication and streamlined data structures. These improvements greatly reduce transaction execution time. A key technical feature of Aptos is its utilization of parallel transaction execution, enabling exceptional scalability.

Unlike traditional blockchains that employ serial transaction execution, where transactions are processed one after another, Aptos adopts parallel execution. This approach allows multiple transactions to be executed simultaneously by capturing a snapshot of the current state and processing them in parallel. While serial execution ensures transaction status confirmation, it inherently limits scalability. Aptos addresses this limitation by employing parallel execution, significantly enhancing transaction throughput.

The challenge with parallel execution lies in preventing different transactions from interfering with each other. Aptos has made notable progress in this area and currently reports impressive results on its testnet, with over 20,000 nodes and a transaction processing capacity of 10,000 transactions per second (TPS). Aptos aims to achieve an ultimate goal of 100,000 TPS. However, the actual attainment of this goal and the network’s stability without downtime will be revealed once the mainnet is launched and operational.

Who Is Aptos Labs?

Aptos Labs is the team behind the Aptos project. They currently lead a diverse team of developers, engineers and strategists headed by co-founders Mo Shaikh and Avery Ching.

Shaikh and Ching met when they worked together on the Diem blockchain project at Meta. Shaikh specializes in scaling products, and has experience in the private equity and venture capital markets. Meanwhile, Ching was one of the principal software engineers at Meta and has led many exciting and innovative development projects in the past. When Meta chose to discontinue the Diem project, Shaikh and Ching decided to join together to create Aptos Labs.

Aptos Labs’ motto is "Building a Layer 1 for everyone." The company is dedicated to creating the safest, most-reliable network possible. Though they've been around only a short time, their mission has already gained a lot of support. In two financing rounds, Aptos Labs has managed to raise over $350 million in funding, launched its developer testnet, and successfully handled millions of transactions and thousands of nodes.

Tokenomics

Roadmap

Small Selection Of Core Team Members (60+)