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Aptos Breaks Blockchain Transaction Records Driven by Popularity of Tapos Cat Game

Algoine News
Summary:
Aptos, a blockchain platform developed by former Facebook employees, breaks records in blockchain transactions by recording 115.4 million in a single day. This surge was primarily due to a popular tap-to-earn game, Tapos Cat, which processed 10 million transactions in its first day on the mainnet. Despite high transaction volumes, Aptos maintained consistent gas fees and success rates. The firm holds its focus on demonstrating the robustness and scalability of the Aptos network, emphasizing future developments and advancing blockchain technology.
In a new accomplishment in the blockchain field, Aptos—the layer-1 blockchain system developed by ex-Facebook crew—shattered the record by documenting 115.4 million blockchain transactions in one day, on May 25. This surpassed Solana's 31.7 million and the previous record of over 65 million held by Sui Network by more than 50%. According to an Aptoscan analysis, the platform's user TPS (transactions per second) peaked at an unprecedented 32,000 on that day. This significant upswing in the blockchain ecosystem's activity highlights the industry's swelling adoption and progress. Tapos Cat, a new tap-to-earn game that exploded in popularity, played a significant role in the recent increase in transaction activities on Aptos. In the first day on the mainnet alone, the game processed an impressive 10 million transactions, substantially bolstering the platform's activity. The innovative game lets users accumulate $HEART tokens by 'tickling' a virtual cat—thus catalyzing multiple transactions. In an attractive gesture, the game offers free gasoline for the initial 72 hours, allowing gamers to join in and enjoy without any additional charges. Despite the significant rise in transactions, Aptos keeps its gas charges and success rates steady due to its Aggregator feature. This technology allows for concurrent processing of numerous transactions, offering users a holistic and streamlined experience. Despite all this, the CEO of Helius Labs has voiced skepticism regarding the game's lasting impact and practical function, and questioned its emphasis on click-and-buy interactions which seem to more focus on artificially inflating measures rather than truly meeting user needs. Regardless of this critique, supporters of Aptos argue that Tapos Cat is essential as an engineering project, showcasing the resilience and scalability of the Aptos network while setting the stage for further advancements. Aptos Labs staunchly upholds their commitment to their mission of enabling billions of users to utilize decentralized assets. On May 9, they introduced their new international advisors, numbering among them David Lawee—who served as the former vice president of corporate development for tech giant Google. In November 2023, Aptos Labs stirred further industry interest by pairing with Atomrigs Lab to announce their plans to unveil a Web3 wallet service. This T wallet is set to be in partnership with South Korean telecommunications operator SK Telecom (SKT).

Published At

5/26/2024 10:38:32 AM

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