The Aptos Labs mainnet adopts the Move language and utilizes a pipelined and modular approach to key stages of transaction processing, including Block-STM, a new parallel execution engine and the latest iteration of AptosBFT (version 4), supporting NFT, gaming, business, social Various use cases for web and media entertainment.
Together, Move and Aptos create a unique and developer-friendly environment for seamless builds and a home for innovators and creators. Move smart contracts are scalable and support secure evolution of all Aptos applications.
Block-STM is a new parallel execution engine for smart contracts built around the principles of software transactional memory and optimistic concurrency control - meaning faster transaction processing thanks to the novel approach at the core of Aptos.
Unlike existing parallel execution engines that break transaction atomicity by requiring prior knowledge of the data to be read/written, Block-STM enables developers to code without limits, maintain composability, and achieve higher levels for real-world use cases throughput and lower latency.
Development of AptosBFT version 5 is already underway and will be released in a future upgrade.
In July of this year, Aptos, a public chain project founded by members of the original Diem team, completed a $150 million financing at a valuation of $2.75 billion, led by FTX Ventures and Jump Crypto.
