Creators of Meta’s failed Diem stablecoin now launches Aptos Autumn mainnet

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Aptos Labs

Aptos Labs, the creators of the failed Diem stablecoin project that Meta Platforms Inc (NASDAQ: META) had attempted to launch sometime back, on Monday successfully launched their blockchain mainnet called Aptos Autumn.

Aptos Labs used a Rust-based programming language called Move to program the mainnet’s code. The move is increasingly becoming popular among blockchain developers after being popularized by Mysten Labs’ Sui blockchain.

Focus on developer and user experience

The Autumn blockchain is focused on Web3 with the aim of becoming the home for developers to build applications for generations to come. Aptos Labs have maintained that its blockchain’s core design principle is to focus on the developer and user experience.

The Aptos Autumn blockchain has an array of innovations a pipelined and modular approach to processing transactions, Block-STM which is a new parallel execution engine for smart contracts for faster transactions, AptosBFT Consensus mechanism, and decentralized flexibility to state synchronization.

The team is also working to quickly integrate new innovations like novel key recovery, scalable sharding solutions, and intuitive parallel programming models to scale the user experience.

Aptos blockchain ecosystem

While Aptos announced that its blockchain is now fully developed and ready for use, the ecosystem still has a long way to go. Organizations will have to integrate the Aptos blockchain with their wallets, trading platforms, and non-fungible token (NFT) technology to create a vast decentralized finance ecosystem.

One of the top Web3 infrastructure service providers Ankr became the first to collaborate with Aptos Autumn by joining the first group of Remote Procedure Call (RPC) to Aptos Labs.

The post Creators of Meta’s failed Diem stablecoin now launches Aptos Autumn mainnet appeared first on Invezz.

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