We are glad to announce the Initial Mainnet Technology Launch — which means that the APEX Network blockchain’s infrastructure, technology, and code are Mainnet-ready and have entered Phase 1 of APEX Network Mainnet, the phase in which preparations for token swap and transition of the CPX ledger from NEP-5 to APEX Network will take place.

Yesterday the network was upgraded to include the latest code upgrades and the ledger was reset, starting fresh from our mainnet Genesis block. As has already been the case with the testnet for quite some time, the network is running stable without issues, and has proven able to handle a heavy load without problems (currently tested to approximately 9,3k TPS). At the same time the explorer visuals have been upgraded to provide a more refined and professional look, further optimizations to follow in due time.

APEX Network Block Explorer

The purpose of Phase 1 of APEX Network Mainnet is to provide a period of flexibility for ecosystem growth, continuous upgrades (e.g. new features for the VM), new integrations (e.g. hardware wallet integration), and further exploration of new liquidity channels/platforms before the ledger gets replicated and tokens get swapped from NEP-5 to the APEX Network mainnet.

Here’s what to expect during Phase 1