What is Aptos
Aptos is a Layer 1 blockchain that uses the Move programming language. The cryptocurrency promises users increased scalability, reliability, security and usability.
The Aptos blockchain is generating all this hype because of its intriguing past. The blockchain is based on the Diem blockchain initiative (from Meta) that was recently abandoned. Created by Diem developers, the Aptos crypto uses the programming language originally created for Diem. Its focus is on Diem’s original goal of creating a scalable, fast blockchain. In addition, it hopes to offer additional features that will make the crypto more accessible to average users.
How Does aptos work & where can I get a Aptos Wallet?
The Aptos blockchain can theoretically reach 160, 000 transactions per second (TPS) while maintaining security and reliability. A few revolutionary concepts are at work behind Aptos’ impressive performance.
Are you looking for the best wallet for your Aptos coin? We think you will love non custodial Degen crypto wallet. It is the best mobile app to manage and send your Aptos coins. With Degen Wallet, you are in control of your Aptos. You can receive, send, store and exchange your Aptos within the iOS and Android devices.
Store Aptos securely and in private crypto wallet
Degen Wallet private key storage feature gives users the added security of being able to store their private keys on the device itself rather than on the cloud ensuring that even if they lose their device they can recover their private keys using the seed phrase that was generated.
What are benefits of APT and Aptos chain
Low transaction fees: Gas fees on Aptos Chain are around 20 times cheaper than on Solana and Ethereum. The rise in Ethereum transactions fees has caused serious friction and costs for DeFi users. APT fees dramatically reduce the overhead which enables participation for a wider range of investors from different backgrounds and economies.
Cheaper fees: Aptos uses a consensus mechanism that is similar to the proof-of-stake plans for Ethereum 2.0. This means it doesn’t rely on mining, and transactions are quicker than on other chains.
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