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What is Aptos? (Explanation, Consensus, APT Tokenomics)

Автор: Vas Explains Markets

Загружено: 2023-03-05

Просмотров: 420

Описание: 👉 What is Aptos?
Aptos is Proof-of-Stake blockchain that uses the Byzantine Fault Tolerance, to verify its transactions.
It was created by two guys who had previously worked on Diem’s Novi Wallet.
Diem was the Facebook-funded crypto project originally known as Libra, a blockchain-based stablecoin payment network that began in 2019 and ended in 2022.

👉 What is APT token?
Aptos launched with a supply of 1 billion APT tokens.
Of these 1 billion APT tokens, 51% went to the community, 19% to core contributors, 17% to the Foundation, and 13% to investors.
From the investors and core contributor portions, these funds are being released according to a four-year vesting schedule. This means these tokens cannot be dumped onto the market at once, which would likely lower their value.
At the time of this video, over 80% of all APT tokens in circulating supply were staked on the Aptos network, making around only 20% available for trading.

🤓 Read my full article here: https://www.iexplaincrypto.com/aptos-...

Timestamps ⏳

00:00 Intro

0:12 What is Aptos ?

1:11 How does Aptos work ?

1:46 Byzantine Fault Tolerance explained

3:12 What makes Aptos unique ?

4:48 APT Tokenomics

#aptos #apt

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What is Aptos? (Explanation, Consensus, APT Tokenomics)

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