Aptos Labs:

Scalable Layer 1 Blockchain

Headquarters:
Palo Alto, CA
Sector:
Blockchain
Founders:
Mohammad Shaikh
Avery Ching
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Company Overview
  • Aptos is a Layer 1 Proof-of-Stake (PoS) blockchain powered by Move, a Rust-based programming language, developed by Meta's (formerly Facebook) Diem blockchain engineers.
  • With a focus on bringing mainstream adoption to web3, Aptos aims to empower a diverse ecosystem of DApps to address real-world user problems. With parallel execution, Aptos achieves over throughput of over 150,000 transactions per second (tps).
  • Numerous smart contract platforms operate today, each with their own strengths and tradeoffs. There is a demand for a highly adaptable blockchain to meet the needs of billions now and in the future. Improving safety and scalability in the user experience is vital for mass adoption, especially among non-crypto users. Aptos has technical advantages that make it more efficient at scale compared to other Layer 1 competitors.
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