Equity Overview
Price & Market Data
Price: $5.59
Daily Change: +$0.35 / 6.26%
Range: $5.22 - $5.65
Market Cap: $6,426,223,955
Volume: 68,712,505
Performance Metrics
1 Week: 13.36%
1 Month: -5.89%
3 Months: -31.29%
6 Months: -44.33%
1 Year: -37.86%
YTD: -35.78%
Details
Aptos is a Layer 1 Proof-of-Stake (PoS) blockchain that employs a novel smart contract programming language called Move, a Rust-based programming language that was independently developed by Meta (formerly Facebook)’s Diem blockchain engineers, envisioning a blockchain that brings mainstream adoption to web3 and empowers an ecosystem of DApps to solve real-world user problems.Aptos uses two consensus protocols – Proof-of-Stake and AptosBFT.AptosBFT is quite similar to DiemBFT, originally developed for Diem. “BFT '' means ‘Byzantine Fault-Tolerant,’ and a network is said to be Byzantine fault-tolerant if it can continue to operate normally even if some of its members go offline or turn malicious. It is a custom-made consensus algorithm based on the HotStuff protocol. While there are a lot of background technicalities around how the protocol secures the network, the algorithm analyzes the on-chain state and automatically updates leader rotations to adjust for non-responsive validators without human intervention.Telegram | Discord | Medium | GitHubWhitepaper