Apollo’s Hermes 1.0 update (Step Two) incorporates two-second block speed that settles transactions in just as fast. In comparison, Ripple’s (XRP) settlement time is four seconds. (See graph.)
Because of Apollo blockchain’s extreme efficiency, its block speed can be increased to cycle times not previously possible. The team has successfully tested its two-second block confirmation speed and will integrate the new capability onto the mainnet.
The applications of 1–2 second transactions are substantial.
But there’s more.
This month Apollo Foundation launched its latest breakthrough: Adaptive Forging. This innovation revolutionizes blockchain by removing wasteful, non-stop block creation. With Adaptive Forging blocks are created and forged only when a transaction takes place.
This process greatly simplifies the blockchain. It enables fast and efficient actions as well as eliminates bloat issues.
Adapting Forging enables the blockchain to adapt to demands placed upon it. As mentioned, blocks won’t be forged unnecessarily; only when a transaction is sent. Thus, resources can be focused where they are most needed, making the blockchain efficient and fast.
These improvements show the dedication of the Apollo team to deliver the best currency possible. The team strives to satisfy the needs of users and investors by building an all-in-one currency that has the best privacy anywhere.
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“The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.” — Peter Drucker