Aptos, Blocto’s Layer 1 Blockchain, is now available on its wallet

Aptos, Blocto’s Layer 1 Blockchain, is now available on its wallet

Aptos is a new independent project with a vision to deliver the safest and most production ready blockchain in the world. The Web 3 wallet app is making solid progress through its intensive integration roadmap after a recent governance vote to include the network.

The Layer 1 blockchain attracted interest from big names in the industry. Blocto is one of many supporters of Aptos, including FTX Ventures, Binance Labs, and others.

Aptos is the latest network to be added to the Blocto multichain Web 3 wallet. The integration will join the likes of TRON, Avalanche, Polygon, Flow andEthereum on the user-friendly app.

The Blocto integration should assist the much-hypedBlockchain in onboarding one billion users to Web 3. Blocto prides itself on making it simple and offers users a simplified introduction to the topic of criptocurrency.

Blocto has features including email login and chain-agnostic gas fee payments. Portto, the company behind the app, previously said that it takes as little as 30 seconds to get to Aptos via its wallet.

Aptos is a high-performance Layer 1Blockchain that supports smart contract-based applications. The network was developed by former Meta employees who previously worked on the Diem project. It uses the Move programming language, which was developed for Meta's ill-fated foray into digital currency, and is known for its safety and reliability.

Aptos processes transactions in parallel to achieve its maximum transactions per second of 160,000. This allows the proof-of- stake network to scale without the need for Layer 2 s, which makes it more similar to Solana than toEthereum.

Using its on-chain governance mechanism to integrate Aptos in early August 2022, such metrics impressed the Blocto community. More than 97% of voters support the move, with over 54% of voters approving the maximum seven million BLT funding grant to facilitate integration.

Aptos speed, security and impressive founding team have received plenty of financial support among the most notable investors in the industry. The project has attracted funding from a 16 z, Jump Crypto, Coinbase Ventures, Binance Labs, FTX Ventures, and other funds in the past, and is now at $4 billion.

Blocto's Aptos integration roadmap is progressing quickly as mentioned. The wallet app is already the seventh biggest in the network and work has begun on including asset cards and enabling fungible and non-fungible token deposits, withdrawals, and transfers.

The development is underway to connect BLT to the Aptos network, enable native Aptos staking and develop a Web SDK for Blocto. There is still to come on the roadmap, including the addition of an app and Unity SDK.

Aptos is positioning itself to be a standout project when market sentiment shifts again, thanks to Layer 1Blockchains developed during the previous bear market, much of the 2021 narrative, and significant support from Blocto and other big industry names. Over the next few weeks, its eventual native token launch could be one to watch out for.