APT
by BSCN
December 7, 2023
The improvements were rigorously tested on PreviewNet, a testing environment that closely mirrors the Aptos mainnet.
Aptos Labs, in collaboration with its community, announces enhancements to the scalability and performance of the Aptos Network through the utilization of PreviewNet. This testing environment replicates the conditions of a globally decentralized platform, including various hardware, node configurations, and network characteristics, providing a realistic assessment.
The PreviewNet platform replicates the diverse characteristics of a globally decentralized platform, encompassing heterogeneous hardware, variable node configurations, and non-uniform network behavior. Recent testing involved 125 validator nodes across 26 countries, pushing the Nakamoto Coefficient to 33. The testing timeline spanned from October 30th, 2023, to November 21st, 2023, processing over 9 billion transactions.
Aptos achieved a new peak Transactions Per Second (TPS) of over 30,000 in the PreviewNet, demonstrating improvement compared to the previous benchmark of 20,000 TPS. The advancements include a horizontally scalable consensus, a parallel execution engine with BlockSTM, highly optimized batch storage, and efficient pipelined processing.
In less than 24 hours, Aptos Network processed over 2.1 billion peer-to-peer payment transactions, setting a new industry record.
Aptos introduced Aggregators, a conflict-free counter technology, enabling the parallelization of sequential workloads. This innovation improves the execution of tasks such as minting Non-Fungible Tokens (NFTs) with limited supply and sequential naming.
The network successfully minted 1 Million limited collection NFTs in approximately 90 seconds, demonstrating a tenfold improvement.
To ensure the network's resilience and fault tolerance, Aptos conducted a Disaster Recovery (DR) Drill. This experimental feature allowed the identification and execution of a script, demonstrating the network's ability to swiftly recover from incidents.
PreviewNet testing revealed important insights, emphasizing the complexity of real-world scenarios. Aptos acknowledges the importance of considering variables such as heterogeneous deployments, the significance of the read path in addition to the write path, and the invaluable role of high-quality tooling in managing complexity.
Aptos Labs aims to elevate scalability further, targeting over 100,000 TPS as the next milestone. Aptos’ native token APT is trading at $7.61 at press time, up 5% in the last 30 days.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].
Latest News
4h : 20m ago
Filipino Banks to Launch PHPX Peso Stablecoin on Hedera Network
7h : 20m ago
U.S. Senate Banking Committee to Launch First Cryptocurrency Subcommittee
January 9, 2025
Bio Protocol and NuDAO Partner to Revolutionize Decentralized Science (DeSci)
January 9, 2025
Backpack Clarifies Acquisition of FTX EU Assets Amid FTX Estate Denial
January 9, 2025
Oklahoma Senator Proposes Bill to Allow Employees to Receive Wages in Bitcoin
January 8, 2025
Bhutan's Gelephu Mindfulness City Plans to Embrace Crypto in Strategic Reserves
January 8, 2025
Sol Strategies Secures CAD $25M to Expand Solana Holdings
January 8, 2025
Ripple Leverages Chainlink Standard to Boost RLUSD Stablecoin’s DeFi Integration