The Apollo Foundation rose to become the first project to use sharding on a blockchain while also implementing a solution to blockchain bloat. This development was announced on 26 July.
Apollo Foundation commenced by informing that the first shard was a good achievement towards blockchain advancement and a notable moment in cryptocurrency history. Sharding refers to a process wherein a larger database is broken up into smaller, more manageable pieces.
Steve McCullah, director of business development commented that with the release of sharding, Apollo had truly become a versatile cryptocurrency.
Steve McCullah further commented –
“It’s crucial for developers to stay ahead of the curve and to consider upcoming trends in their organization’s strategic planning. The Web 3.0 economy is evolving fast and it’s important to match developer competence with vision and prudence. Blockchain use-cases are leading to tectonic shifts in how people and merchants do business, and we want to prevent future issues that are avoidable. Sharding makes blockchain technology scalable and sustainable.”
Apollo Foundation sustained by adding on the problem of blockchain bloat. Blockchain bloat prevents DLT systems (distributed ledger technologies) from advancing. Apollo Foundation clarified that although each block adds only a small amount of data, the information accumulated over time leads to a large database. The foundation added that the accumulation of data would result in slower speeds and reduced functionality.
Sergey Rokhvarg, Chief Technology Officer added insight that sharding allows the blockchain to be downloaded much faster and facilitate faster transactions. He opined that Apollo sharding is an innovative concept that was theory until recently. Sergey highlighted that most operations require smaller parts of an entire database and that creates an opportunity to be more efficient. Apollo Foundation elaborated on the steps incurred when each shard executes.
In June, reports surfaced of Apollo Currency releasing sharding, solving blockchain sustainability. Apollo Foundation indicated that its currency was the first to implement sharding on a blockchain and one of the only cryptocurrencies with a solution to blockchain sustainability.
Steve summarized by adding that sharding and adaptive forging make Apollo a powerful blockchain. He expressed the plans to achieve transaction speeds in excess of multi-millions in the coming year. Apollo Foundation noted that adaptive forging works with sharding to eliminate continuous block creation. Blocks are only created when a transaction takes place, further improving speed and eliminating bloat issues. The crypto firm conveyed that all such measures were well poised to make the blockchain hyper-efficient.