A Layer 1 blockchain created for safe development
The rise of blockchains as a new Internet infrastructure has led to developers deploying tens of thousands of decentralized applications at rapidly growing rates. Unfortunately, blockchain usage is not yet ubiquitous due to frequent outages, high costs, low throughput limits, and numerous security concerns. To enable mass adoption in the web3 era, blockchain infrastructure needs to follow the path of cloud infrastructure as a trusted, scalable, cost-efficient, and continually improving platform for building widely-used applications.
We present the Aptos blockchain, designed with scalability, safety, reliability, and upgradeability as key principles, to address these challenges. The Aptos blockchain has been developed over the past three years by over 350+ developers across the globe. It offers new and novel innovations in consensus, smart contract design, system security, performance, and decentralization. The combination of these technologies will provide a fundamental building block to bring web3 to the masses: