Aptos, the newly launched blockchain built by the team that worked on Facebook's axed Diem cryptocurrency, has issued a $50,000 grant to a Lorenzo Alvisi, a Cornell University computer science professor who specializes in blockchain and Web3 technology, according to a press release shared with CoinDesk.
The grant will be used to fund research in developing an approach to scale the performance of blockchains by building a secure, decentralized log on top of a Byzantine-tolerant database. a Byzantine-tolerant database mitigates the risk of a thinly distributed network of nodes, which can result in a network attack like a 51% attack.
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