Bitcoin’s (BTC) community is experimenting with lightning network, a tech that improves settlement speed but may also be fraught with risk.
Moving money quickly is important for any blockchain project that seeks global adoption. Fast transfers can meet high expectations of consumers, businesses and investors who look to cryptos as providing frictionless, cross-border payment solutions.
Ripple (XRP), Stellar (XRP), and Tron (TRX) are some of the fastest cryptocurrencies, with settlement time of 5 seconds or less. But Apollo all-in-one privacy currency (APL) is faster with 1-2 second block speed.
Apollo developers will launch innovation in late Q1 2019 that will further improve APL’s 1-2 second speed.
Steve McCullah, director at Apollo Foundation, said:
Apollo is on track to release [blockchain] sharding this quarter. Apollo will make blockchain history by being the first cryptocurrency to successfully implement this technological advancement. Apollo’s devs, along with the devs from our partner, Firstbridge, are second to none.
Sharding involves splitting the blockchain into segments. This approach has positive effects on volume of transactions, download speed, blockchain speed, and overall stability of ecosystem. It processes a transaction in different parts, and these are confirmed by nodes much faster when compared to conventional processes.
When it comes to blazing speed, Apollo delivers.
Apollo all-in-one privacy currency combines every mainstream feature into a truly private and unregulatable platform. That’s possible through tech such as private ledger, decentralized exchange, coin mixing, and advanced IP masking.
Learn more about Apollo’s groundbreaking tech: