What is Aptos?


Aptos is a layer-1 blockchain focusing on scalability, security, and decentralization, developed by Aptos Labs, a team composed of former employees of Meta. It has quickly gained popularity due to its innovative features and strong community. Utilizing the Move programming language, Aptos provides a versatile platform for dApps and NFTs, with robust security infrastructure and low transaction costs. With a mechanism for parallel execution of smart contracts and its Aptos BFT consensus protocol, the blockchain aims to ensure high speed and reliability.


Aptos employs the Block-STM system, which makes the blockchain resilient to failed transactions by processing transactions in parallel and validating them later, thus avoiding slowing down the execution of the entire contract in case of failure. Aptos also utilizes the Move programming language, originally developed for Meta's Diem project, which provides security and flexibility in smart contract development, contributing to the solidity and security of the Aptos blockchain. Aptos' technology aims to maximize efficiency and security without compromising scalability.

The APT token is the native asset of the Aptos blockchain, used to pay transaction and network fees. Holders can become validators and participate in transaction validation. It is also used to vote on protocol changes.

On Conio it is possible to buy and sell APT (Aptos's native blockchain currency), however, it is not yet possible to withdraw and deposit APT. On the other hand, you can use the "Convert" function to convert APT to another asset from among those in the Conio marketplace.

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