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Apollo currency, which is in a massive bull market since December 2018 and gained more than 800 percent since then, has released new technology that solves the blockchain scalability issue. Apollo Foundation has launched a cutting-edge sharding solution to resolve blockchain bloat, which makes the all-in-one currency project the first cryptocurrency to successfully implement sharding on an active blockchain.Its sharding technology was incorporated on the first of April and is a fully-functioning protocol to increase the network's capacity of processing transactions, which positively affects the volume of the database of transactions, download speed, transaction speed and the stability of the system.
"With the release of sharding, APL becomes the world's ultimate currency—the fastest and most feature-rich crypto, as well as, the most sustainable blockchain available," says Steve McCullah, director of business development. "Through sharding and adaptive forging, APL is among the first cryptocurrencies to solve blockchain's vital challenge of sustainability: bloat."
Bloat may prevent DLT systems (distributed ledger technologies) from scaling. Although each block adds only a tiny amount of data, accumulated info over years (and decades) due to permanent, immutable storage could lead to astronomical sizes of data. Trillions of blocks (or more) on-chain could make a network unstable. Negative consequences may include slow speed, reduced functionality, and difficulty of downloading a massive database.
"Sharding allows you to download the blockchain much faster, and it reduces the cycle-time of operations as well as lowers the needed disk space," says Sergey Rokhvarg, chief technology officer. "Apollo sharding is a trailblazing innovation that is not implemented in most cryptocurrencies. Our developers anticipate potential issues in order to prevent them."
The CTO, Sergey Rokhvarg goes on to state that "an increasing number of transactions leads to a constant increase in the Apollo database. This process goes faster with shorter block time. The blockchain requires full access to the ledger from the beginning to the current time to verify each transaction, but this task does not run every time. Most operations require lesser parts of an entire database."
The Apollo’s ledger database will be split into time-based (or blockchain height-based) segments, and the split will be made on each node in the consensus.
Each shard will be completed every 750,000 blocks after 1,400 blocks of acknowledgment.
Information will be added to each shard/segment that allows blockchain operations to occur without queries to the full ledger database. This will optimize the blockchain processing code to use the last segment for most operations.
Each segment will be trusted as nodes sign its summary tables. Downloading of the full blockchain will be optional/delayed. Rather, nodes will download the latest segment and start processing transactions immediately. Downloading of previous blockchain segments will take place on an as needed/on-demand basis.
The results are remarkable speed, as well as scalability and long term stability of the Apollo blockchain, according to the foundation's developer team. Website: apollocurrency.com
Contact Info:
Name: Mayan Sum
Email: Send Email
Organization: Apollo currency
Website: http://apollocurrency.com
Release ID: 502132