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  3. /Aptos
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blockchain

Aptos

A Layer 1 blockchain also built by former Meta engineers, using the Move programming language like Sui.

Definition

A Layer 1 blockchain also built by former Meta engineers, using the Move programming language like Sui. Aptos uses a BFT consensus mechanism called AptosBFT and focuses on safety and upgradability. It launched mainnet in October 2022 with significant venture capital backing.

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Related Terms

Layer 1

The base blockchain that processes and finalizes transactions.

Parallel Execution

Processing multiple transactions simultaneously instead of one at a time.

Consensus Mechanism

The method a blockchain uses to agree on which transactions are valid and in what order.

ABI

Application Binary Interface.

Account Abstraction

A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.

Account Model

The way Ethereum and many other chains track balances.

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