After 4 years of improvement and hundreds of thousands in funding, the layer-1 blockchain Aptos (APT) lastly launched its mainnet on Oct. 17, albeit to considerably blended reception.
The proof-of-stake (PoS) blockchain has seen hundreds of thousands invested in it from enterprise capital companies and has beforehand claimed the power to course of 160,000 transactions per second (TPS).
Nonetheless, some members of the neighborhood have identified that the claimed TPS is falling far in need of expectations on the mainnet.
In keeping with Aptos’ blockchain explorer, the community is seeing round 4 TPS on the time of writing, whereas some customers on Twitter have reported not with the ability to ship transactions.
Others on Twitter observed the Aptos Discord was closed for just a few hours after the launch of the mainnet, accusing the group was making an attempt to cease dialogue round potential launch points.
Cointelegraph reached out to Aptos for remark and was directed to a “Day one replace” tweet by Aptos on Oct. 18.
Within the tweet, Aptos mentioned the community is “performing as anticipated” with exercise growing as extra ecosystem members be part of. Cointelegraph was in a position to view a wide range of transactions from customers utilizing its blockchain explorer.
Day one replace:
Immediately has been thrilling. Thanks for all of the assist!The Aptos community has been performing as anticipated and can see elevated exercise as ecosystem initiatives onboard and get going.
— Aptos (@AptosLabs) October 18, 2022
Aptos additionally mentioned it closed feedback on its Discord and Telegram channels to “shield the neighborhood from scams” and they’ll “return to regular when applicable.”
The tokenomics of Aptos just isn’t but publicly out there, main some to cite issues that cryptocurrency exchanges akin to Binance and FTX are itemizing its token with out such info out there to their clients.
Associated: Court docket partially denies Aptos Labs’ movement to dismiss Glazer’s $1 billion lawsuit
Aptos has seen hundreds of thousands invested from enterprise capital companies, with probably the most latest spherical of funding in July netting Aptos Labs $150 million. A previous spherical in March raised $200 million with members together with Andreessen Horowitz (a16z), FTX Ventures and Coinbase Ventures.
Aptos Labs was created by former Meta workers Mo Shaikh and Avery Ching, who had been concerned within the failed Diem blockchain mission, which wound down in February of this 12 months and bought its mental property and different property.
The blockchain is constructed on a programming language initially developed for the defunct Meta-built Diem blockchain.
