Nice. But I would like it better if the effort was to support ext4, BtrFS, NTFS and other popular filesystems from the Linux and Windows world...
This article describes a new disk image format (on which a filesystem can be put, APFS in the article), not a filesystem, or did I misunderstand? edit: added the word "image", which I apparently forgot to type. Mentioning the edition because otherwise it would make an answer to this comment difficult to understand.
On which you can put a filesystem, yes.
There seems to be an extraordinary amount of confusion in many of the comments, I don't know why.