Apollo Foundation continues to build Apollo (APL) as all-in-one currency that will give complete privacy to users. APL’s features will help companies and individuals who don’t want to publish all of their information onto a public blockchain.
The team will release important updates in the coming weeks. (See announcement.)
This week, Apollo launched Olympus Protocol 2.0 which makes APL the most private crypto in the industry.
By Q1 2019 the foundation will release Hermes V.2.0. This new version will introduce Apollo Sharding which will enable the APL blockchain to exceed its current settlement time of 1–2 seconds — which is already faster than Ripple’s (XRP’s) 4 seconds. At 1–2 seconds, APL is one of the fastest cryptos in the planet.
Blockchain 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. Sharding processes a transaction in different parts, and these are confirmed by nodes much faster when compared to conventional processes. This innovation will make Apollo blockchain faster and more secure.
Another key feature of Hermes 2.0 is Adaptive Block Generation which was released ahead of schedule in Dec. 2018. It refers to creating blocks only in the presence of transactions. A transaction can settle faster by controlling the volume of data stored in the block and by creating a new type of prioritized transaction called “guaranteed transactions.”
Hermes V.2.0 will be followed by Olympus protocol V.3.0.
Apollo will offer disruptive characteristics including: (1) all-in-one features (2) complete privacy, and (3) extremely fast settlements. More information can be found at https://apollocurrency.com.