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Apollo Comes Out On Top in Sharding Race

4y ago
bullish:

3

bearish:

0

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Apollo Fintech has come out on top in the industry after launching database level sharding. The groundbreaking innovation is a game-changer in solving blockchain bloating. The release of sharding on the Apollo database is the first real step taken to combat blockchain bloating. It is, therefore, making Apollo one of the most advanced cryptocurrencies in existence. Apollo made blockchain history when it executed the primary shard at 2,250,000 blocks. The platform launched a fully functional sharding protocol to bring sustainability to its coins.

Apollo Sharding

The sustainability and scaling of distributed ledger technologies (DLT) are at risk as blockchains grow older. That is why Apollo’s launch of database sharding is so monumental to the industry. The blocks in a blockchain are continuously adding small amounts of data that will ultimately accumulate over time. This accumulation will lead to blockchain bloat and eventually overwhelm the systems resulting in reduced functionality and speed. Fortunately, Apollo has dodged this bullet ahead of all the other cryptocurrencies. 

Although one other coin has claimed to have sharding, it is not accurate. Apollo is the first to launch database sharding, a project Ethereum was working on but has not attained. The only other sharding released outside Apollo is Network Sharding, which is not the same and doesn’t affect sustainability the same way.

According to Apollo Fintech CEO, Stephen McCullah: Apollo is planning to launch its quantum resistant encryption algorithm this quarter, Quantum Steel.When implemented, this will make Apollo one of the only quantum resistant blockchains on the market.

Apollo Currency (APL)

Apollo Fintech invented one of the most feature-rich cryptocurrency in the industry using various advanced technologies. The platform launched the first crypto to apply quantum-resistant wallets and utilizes other proprietary technologies, including atomic swaps, adaptive forging, node synchronization, and many more. Furthermore, blockchain technology on the platform is based on real Quantum resistant blockchain and algorithms. Apollo is the first cryptocurrency to offer indefinite sustainability by implementing database level sharding.

The Apollo Currency (APL), is an all in one privacy-oriented currency. The coin utilizes the most advanced technology to make secure, private, and almost instant transactions. Apollo’s lean blockchain technology gives APL the fastest transaction speed in the market of two seconds or less per block. The transactions are also the cheapest in fees.

Whereas other currencies are limited to particular uses, Apollo offers endless use possibilities to its holders. APL has all the best features of a cryptocurrency contained in one coin. Moreover, Apollo takes privacy very seriously and has an infrastructure that offers advanced information security. The platform applies the Hermes protocol to protect its users using techniques like using aliases, shuffling coins, encrypting messages, IP masking, etc. An Apollo user can send private or public transactions on the platform, depending on their needs.

Apollo has a token system without complicated code that its users can easily apply. Furthermore, Apollo plans to introduce the world’s first Dapps infrastructure with limitless storage to the industry. 

Apollo is launching a mass adoption crypto-friendly world bank, having already hosted a national currency. Moreover, the currency has already featured in some of the most significant use cases at government level and commercial uses. Here is the best exchange to buy APL.

Sharding 

Sharding is splitting the ledger and database and sharing the computational workload across the peer to peer network. Therefore, each node only maintains information related to its shard instead of each being responsible for processing the entire network’s data. The system still maintains its decentralization as nodes can share information from their shards. On the Apollo blockchain, nodes download the latest shard and process it as they move on. The data is added to each shard as processing continues without the need for queries of the full ledger database. It all results in better scalability and speed on the Apollo blockchain.

Apollo Fintech hosts GSX, the first stable coin that grows in value because it is backed in gold. GSX is available on presale with as much as a 50% bonus.

Bottomline

Apollo Fintech has stayed ahead of the curve by implementing a fully functional sharding protocol. According to Mr. McCullah, CEO of ApolloFintech, “The world is quickly evolving with new technologies and solutions, so it’s important that companies that want to stay ahead of the curve successfully.” Sharding will allow faster processing of transactions and facilitate scalability to the Apollo infrastructure. Once the blockchain is broken into pieces across nodes, then the threat of data accumulation will be a thing of the past. Sharding will keep APL and GSX scalable and sustainable indefinitely.

Featured image courtesy of Shutterstock.

The post Apollo Comes Out On Top in Sharding Race appeared first on Crypto Press.

4y ago
bullish:

3

bearish:

0

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