Aptos is a layer 1 solution that claims to develop products and applications that redefine the Web3 user experience. Aptos was founded by Mo Shaikh and Avery Ching. The native token of the Aptos blockchain is APT. In this article, you can find answers to the questions of what Aptos (APT) is, how does Aptos (APT) work, how to get Aptos (APT), and how to trade APT/TRY and APT/USDT trading pairs.
Topics you will read in this article:
What is Aptos (APT)?
How Aptos (APT) Works?
How to Store Aptos (APT)?
How to Buy and Sell Aptos (APT)
What is Aptos (APT)? How does it work?
It is stated that Aptos blockchain was created to solve problems such as high cost, low efficiency, interruption, security concerns experienced in blockchain with the uncontrolled growth of decentralized applications. It is emphasized that it was created by adopting the scalability, security, reliability, and upgradeability issues as the basic principles of Aptos. The Aptos blockchain has been developed by approximately 350 developers worldwide since 2019.
The Aptos blockchain uses the Move language to make transactions fast and secure. The Aptos network works with the Proof of Stake protocol. The Aptos data model provides flexible key management and hybrid storage options.
The developer team of the Aptos blockchain is Aptos Labs. Aptos Labs was founded in the United States in 2021.
The native token of the Aptos network is APT. The total supply of APT is capped at 1,000,000,000 units.
You can access the white paper where you can find all the technical details about Aptos (APT) at https://aptos.dev/assets/files/Aptos-Whitepaper-47099b4b907b432f81fc0effd34f3b6a.pdf
How to Store Aptos (APT)?
Based on scalability, security, reliability and upgradeability, Aptos’ native token, APT, is produced on the Aptos blockchain. You can manage your APT balances with desktop, mobile and hardware wallets that support Aptos assets.