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Aptos Launches Open-Source Smart Contract Library Project with $200,000 Funding

Movemaker and alcove's initiative aims to create a Secure & General Purpose Base Library for Aptos smart contract development, enhancing security and efficiency.

APT

Summary

Movemaker and alcove have launched a structured open-source initiative to develop a Secure & General Purpose Base Library for Aptos smart contract development, funded with an initial $200,000. This project addresses the lack of reliable foundational modules in the Aptos ecosystem, promoting security and efficiency. Contributions are welcomed from all Aptos developers.

Terms & Concepts
  • smart contract: A self-executing contract with the terms of the agreement directly written into code, facilitating automated transactions on blockchain platforms.
  • Move Prover: A formal verification tool designed to ensure the correctness and security of smart contracts written in the Move programming language.
  • DeFi (Decentralized Finance): A financial system that operates on blockchain technology, enabling peer-to-peer transactions without traditional intermediaries.