VC-Backed Blockchain Project Aptos Reveals Protocol’s ‘Mainnet Has Arrived’

[Google News Bot]

A new layer one blockchain network called Aptos announced the launch of its mainnet on Monday, following a slew of capital injections from a number of venture capital (VC) firms. The blockchain protocol, crafted with a Rust-centric programming language dubbed Move, is backed by VC companies such as Parafi, Andreessen Horowitz (a16z), FTX, and Multicoin Capital. The Aptos project stems from two developers from Meta’s Diem project, and the network boasts parallel processing, a technology that reportedly allows the chain to process 130,000 transactions per second (TPS). Aptos Labs Debuts Mainn ...

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