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Aptos Breaks Records with 115.4 Million Transactions in a Single Day

Mon, 27 May 2024, 03:30 am UTC

Aptos achieves record-breaking transactions with the help of Tapos Cat game.

Since the launch of Tapos Cat, a new tap-to-earn game that has quickly acquired popularity, the amount of transactional activity on Aptos has significantly increased.

Aptos Shatters Blockchain Transaction Records, Surpassing Solana, and Sui Network

The layer-1 blockchain platform Aptos, developed by individuals who had previously worked for Facebook, has accomplished a new development in blockchain transactions, as per Cointelegraph. By recording 115.4 million transactions in a single day on May 25, it eclipsed Solana, which had recorded 31.7 million transactions in a single day.

Due to the rise in transaction volume, a new benchmark was established, and the previous L1 record, which was held by Sui Network and was over 65 million, was surpassed by a considerable margin of more than fifty percent.

On the same day, the number of transactions per second (TPS) that blockchain users were able to complete reached an all-time high of 32,000, as reported by Aptoscan. This indicates a significant rise in activity within the blockchain ecosystem, which highlights the growing adoption and momentum in the industry.

Since the launch of Tapos Cat, a new tap-to-earn game that has quickly acquired popularity, there has been a significant increase in the amount of transactional activity on Aptos. Within the first day that the game was available on the mainnet, it processed an astounding ten million transactions, which was a substantial contributor to the increasing activity on the platform.

Players can acquire $HEART tokens by 'tickling' a virtual cat in the Tapos Cat game. The framework of the game allows for numerous transactions to take place simultaneously. Players do not need to pay any gas fees for the first three days to participate in the game. This is done to encourage players to participate in the game and enjoy it without incurring additional expenses.

The gas prices and success rates of Aptos have remained stable despite the enormous volume of transactions that have been processed. This stability is made possible by the Aggregator feature that is available on the Aptos platform. This feature allows for the simultaneous processing of several transactions, guaranteeing a smooth and effective user experience.

Helius Labs CEO Questions Tapos Cat's Longevity Amid Aptos Network's Growth

The Chief Executive Officer of Helius Labs has expressed skepticism about the longevity and practicality of Tapos Cat. He has questioned the game's emphasis on click-and-buy engagements, which he believes is a technique to artificially inflate metrics rather than truly satisfying users' requirements.

Aptos proponents argue that Tapos Cat is an important engineering project, demonstrating the robustness and scalability of the Aptos network and setting the way for future advancements. Although, at first glance, Tapos Cat may lack a clear purpose.

Aptos Labs' aim to enable billions of individuals to access decentralized assets is still being pursued with absolute dedication. On May 9th, Aptos Labs announced its new worldwide advisers. Among those introduced was David Lawee, who had previously served as the vice president of corporate development at Google.

Aptos Labs and Atomrigs Lab made the announcement in November 2023 that they intend to commence a Web3 wallet service known as T wallet. This would be done in collaboration with SK Telecom (SKT), a South Korean telecommunications operator.

Photo: Microsoft Bing

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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