Former Diem developers working on their own blockchain project
Aptos will be designed with an emphasis on “absolute safety, extensible scalability, and credible neutrality”
25.02.2022 - 12:15
583
1 min
0
Aptos will be designed with an emphasis on “absolute safety, extensible scalability, and credible neutrality.”
What’s new? A team of former Diem developers for Meta has announced the creation of a new blockchain network, Aptos. The new project uses old developments for Facebook’s unrealized blockchain. The Aptos team is led by Novi wallet developer Avery Ching and former strategy director of ConsenSys. The network is scheduled to be launched in late 2022.
What are the details of the project? Meta had previously decided to sell its blockchain project Diem, but the developers were not about to stop there. Despite recognizing that Aptos is being built using Diem’s stablecoin system, the announcement stresses that the protocol is a new and independent project developed from scratch.
“Aptos was designed with an emphasis on absolute safety, extensible scalability, and credible neutrality — values that we know firsthand and viscerally understand.”
The team aims to raise $200 million of investments at a valuation of $2 billion and they have already been backed by Andreessen Horowitz (a16z).
Useful material?
Telegram 
Twitter Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024
Cryptocurrency rates
-
Bitcoin
$97 506
BTC
+3.15%
-
Ethereum
$3 345.76
ETH
+7.45%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.13
XRP
+0.44%
-
Dogecoin
$0.388384
DOGE
-0.55%
-
Cardano
$0.799947
ADA
-4.09%
-
Bitcoin Cash
$493.71
BCH
+10.34%
-
Polkadot
$5.93
DOT
-1.24%
-
Stellar XLM
$0.241788
XLM
-2.05%
-
Litecoin
$89.82
LTC
+3.78%