Aptos blockchain is an open source, decentralized public ledger that records and verifies transactions between two parties without the need for a trusted third-party. It is the underlying technology behind digital currencies such as Bitcoin and Ethereum, and it can also be used to facilitate smart contracts and other applications.
Aptos blockchain is a distributed ledger, meaning it is a distributed data structure that is shared among multiple computers, called nodes. Each node stores a copy of the ledger, which is updated and verified as new transactions occur. This creates a tamper-proof record of all transactions that is accessible to all participants.Because Aptos blockchain is decentralized and distributed, it is highly secure and resistant to manipulation. It is also extremely efficient, since it eliminates the need for intermediaries and allows transactions to be confirmed quickly and securely.
Founder: Mo Shaikh and Avery Ching
Launched On: 2022-10-10
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