Is Aptos' TPS slower than Bitcoin?
Of late, there has been a lot of buzz going on around Aptos. The said project which was being worked upon for a period of 4 years, finally launched its mainnet yesterday. Source: Twitter In a recently released statement, Aptos said that the said launch marked “step one” of its long journey to create “universal and fair access to decentralized applications” via “a safe, scalable, and upgradeable blockchain.” Interestingly, the blockchain uses the programming language Move that’s intended to make transactions faster and cheaper. In fact, Move also powered the network of Meta’s now-defunct project Diem. Aptos Labs, interestingly, was created by former Meta employees Mo Shaikh and Avery Ching, who was involved in the failed blockchain project. TPS Backlash Since its launch, the project has been receiving a lot of backlash. Take the case of the transactions per second itself, for starters. Per FTX’s Aptos Research Report, ...