Last night, Aptos suffered an outage while hosting a mass drawing application to celebrate its one-year anniversary. Data from Aptos block explorer Aptos showed that on-chain transactions stopped for about five hours on October 18, and the blockchain explorer AptoScan showed a difference of 5 hours and 6 minutes between two consecutive blocks. The outage caused a spike in Aptos’s transaction fee from around 0.2 APT to 1.72 APT. Aptos launched last October, and the Move-based layer-1 platform originated as a spin-off from Meta’s crypto project Libra. To celebrate its birthday, the Aptos Foundation created, where Aptos wallet users can contribute to a blank canvas to create the community art. Around 4,000 users were painting on the online canvas before the shutdown occurred. The Aptos team was able to revive the blockchain in five hours. Coingecko’s data shows that the value of APTOS dropped slightly at 2.2%, but quickly returned to the $5 level. The token is trading 35.8% lower since its launch last year.

This news is not particularly good or bad. It is an unfortunate outage, but the Aptos team was able to restore the blockchain after five hours. It is a reminder of the importance of having robust uptime and redundancy measures in place.

#Aptos #Cryptocurrency #Outage #GraffioArt #APTOS

You can read more about this topic here: Decrypt: Aptos Hit With 5-Hour Outage on Blockchain’s First Birthday

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