Former Facebook employees’ blockchain platform, Aptos, reached a significant milestone in blockchain transactions by surpassing Solana’s record. On May 25, Aptos logged an impressive 115.4 million transactions in a single day, far exceeding Solana’s 31.7 million transactions.
This surge in transaction volume set a new benchmark, outperforming the previous L1 record by over 50%. Aptos’ blockchain also hit an all-time high of 32,000 transactions per second on the same day, showcasing a surge in activity within the blockchain ecosystem.
The increase in transactional activity on Aptos is credited to the launch of Tapos Cat, a tap-to-earn game that quickly gained popularity. In just one day on the mainnet, the game processed a remarkable 10 million transactions, contributing significantly to the platform’s increased activity.
Tapos Cat allows users to earn $HEART tokens by interacting with a virtual cat, with the game structure encouraging multiple transactions. Furthermore, the game initially offers a gas-fee-free experience for the first 72 hours, enticing players to participate without extra costs.
Despite the high transaction volume, Aptos has maintained consistent gas fees and success rates, thanks to the Aggregator feature on the platform that processes multiple transactions simultaneously for a seamless user experience.
Concerns have been raised by the CEO of Helius Labs about Tapos Cat’s sustainability and practicality, questioning its focus on click-and-buy interactions. However, supporters argue that the game serves as an essential engineering project, showcasing Aptos’ network’s robustness and scalability for future developments.
Aptos Labs remains dedicated to its mission of making decentralized assets accessible to billions of people. The team recently introduced new global advisers, including David Lawee, former VP of corporate development at Google. Additionally, plans to launch a Web3 wallet service, T wallet, in partnership with SK Telecom, were announced in November 2023.
In conclusion, Aptos’ remarkable achievements in blockchain transactions and innovative projects like Tapos Cat highlight the platform’s potential for widespread adoption and continued growth in the industry.
Vocabulary List:
- Blockchain (noun): A digital ledger in which transactions made in cryptocurrency are recorded chronologically and publicly.
- Transaction (noun): An instance of buying or selling something; a business deal.
- Milestone (noun): An important event or point in the development of something.
- Surpassing (verb): Exceeding or going beyond in degree amount or extent.
- Volume (noun): The amount of space occupied by a three-dimensional object or the capacity of a container.
- Benchmark (noun): A standard or point of reference against which things may be compared or assessed.
