The BNB Chain Dev Community is excited to announce that Aptos, a highly secure and scalable Layer 1 blockchain, will join BNB Chain's mission to onboard the first 1 billion users to crypto across various applications, including social media, gaming, and more. BNB Chain and Aptos join forces to build a secure, interoperable, and unified cross-chain and multi-chain liquidity infrastructure to empower mass adoption and provide users with a seamless blockchain experience.
The combined efforts of these two L1 blockchains will accelerate technological and business innovation and the development of new large-scale Web2 use cases. They will focus on technology, infrastructure, marketing, community participation, and bridging and supporting liquidity between the two chains. Last but not least, high-performance EVM standards and innovative use cases, such as SocialFi from Aptos (Social Media) to BNBChain (DeFi), are also high on the list of tasks.
In addition to this, BNB Chain and Aptos will form a security alliance as part of their commitment to security as the number one priority. BNB Chain ecosystem partners will jointly build these two ecosystems; for example, Blockorus, a one-stop infrastructure & solution provider for the high-speed blockchain era, will serve as one of Aptos's infrastructure partners. The two blockchains will co-organize several events to support the Web3 vision, interoperability, and mainstream adoption of blockchain on a worldwide scale.
BNB Chain and Aptos will also bolster each other's network by launching and operating a full validator node on their partner's blockchain – Aptos will deploy a BNB Chain validator and BNB Chain Dev Community will deploy their validator on Aptos.
To recap everything we said above, Aptos and BNB Chain will work together to enable a seamless user experience for both blockchains by integrating cross-chain functionality and stablecoin support (BUSD on Aptos), wallet interoperability, and bridging.
Aptos is for people who want to build software that touches billions of other people. It is a new, independent project focused on delivering the world's safest and most production-ready Layer 1 blockchain. The team includes the original creators, researchers, designers, and builders of Diem, the blockchain that was first built to serve this purpose. For more information on Aptos, visit https://aptoslabs.com.
Aptos' developer network went live on March 16, 2022, along with the announcement of the fundraising round of $200 million led by a16z with participation from Multicoin Capital, Katie Haun, 3 Arrows Capital, ParaFi Capital, IRONGREY, Hashed, Variant, Tiger Global, BlockTower, FTX Ventures, Paxos and Coinbase Ventures.
"Our objective is to ensure that billions of people have fair access to digital assets. The web3 stack is enormous and diverse, encompassing everything from smart contract platforms to developer infrastructure and tooling, wallets, and decentralized applications. We intend to develop an ecosystem with the BNB Chain team in the coming months that will benefit the entire space. BNB Chain is an excellent partner for our journey - we are already planning to collaborate with BNB Chain's large decentralized community to build a secure, scalable, and upgradeable smart contract platform," said Mo Shaikh, CEO at Aptos Labs.
Without an engaged developer community and a flourishing ecosystem, it is impossible to construct blockchain infrastructure. BNB Chain Dev Community and Aptos strongly believe that they can help crypto go mainstream and make it the go-to choice for billions of users worldwide.
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