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After 4 years of improvement and tens of millions in funding, the layer-1 blockchain Aptos (APT) lastly launched its mainnet on Oct. 17, albeit to considerably combined reception.
The proof-of-stake (PoS) blockchain has seen tens of millions invested in it from enterprise capital companies and has beforehand claimed the flexibility to course of 160,000 transactions per second (TPS).
Nevertheless, some members of the group have identified that the claimed TPS is falling far wanting 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 noticed the Aptos Discord was closed for a number of 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 said the community is “performing as anticipated” with exercise growing as extra ecosystem members be a part of. Cointelegraph was capable of view a wide range of transactions from customers utilizing its blockchain explorer.
Day one replace:
At this time has been thrilling. Thanks for all of the help!The Aptos community has been performing as anticipated and can see elevated exercise as ecosystem tasks onboard and get going.
— Aptos (@AptosLabs) October 18, 2022
Aptos additionally said it closed feedback on its Discord and Telegram channels to “defend the group from scams” and they’re going to “return to regular when acceptable.”
The tokenomics of Aptos shouldn’t be but publicly accessible, main some to cite considerations that cryptocurrency exchanges comparable to Binance and FTX are itemizing its token with out such info accessible to their clients.
Associated: Court docket partially denies Aptos Labs’ movement to dismiss Glazer’s $1 billion lawsuit
Aptos has seen tens of millions invested from enterprise capital companies, with the newest 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 staff Mo Shaikh and Avery Ching, who had been concerned within the failed Diem blockchain challenge, 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.
