The Most Advanced Cryptocurrencies
As of 2020, the crypto world has more than 5 thousand cryptocurrencies, each having features distinct from the other. Every day, developers try to bring platforms that support the growth and faster adoption of cryptocurrencies globally. Many such developers' efforts to produce futuristic crypto that will ensure complete security, speed, decentralization, and transparency have often proven futile. However, two cryptos have proven to be the most advanced in the crypto world.
Apollo and GSX currencies, which share a parent company Apollo fintech, are based in a blockchain that guarantees users' efficiency. One of the Apollo blockchain's most outstanding features is that it is the first blockchain to launch a national currency platform and host a national currency. Apollo is also the only fintech that is launching a crypto-friendly world bank. Keep reading to know more about the two most advanced cryptocurrencies in the world.
Gold Secured Currency
Traditional stable coins do not increase the value of an asset, while many cryptocurrencies lack value backing. However, GSX is the first stable coin that continuously increases the value of assets by fusing the features of both the traditional stable coins and cryptocurrencies.
GSX is also a crypto launched from Apollo Fintech. It shares the same blockchain with Apollo, and it boasts of the same technological features, including high speed, security, adaptive forging, and the updater.
There is no other stable coin that is quantum-resistant except GSX. Therefore, when quantum technology is fully adopted, GSX will be the only remaining stable coin globally. Some of its other features include:
- Backed- This stable coin has gold and gold-rich land backing. 50% of gold mining returns by Apollo Fintech, go to the backing of the coins' value, therefore, ensuring that GSX gains value
- Dividends- Although there is no recent information about GSX dividend payment, every GSX holder should receive dividends. 50% of gold mining returns go to the payment of dividends to the GSX holders.
- Full ownership- Apollo fintech owns large portions of gold mining lands in zimbabwe. GSX holders receive full rights on the mining land, mining assets, and all mining companies owned by Apollo.
- Growth- The stable is one of its kind since it offers continuous growth of its value to the holders. Growth also occurs because of gold backing. The 50% used to back this coin ensures the perpetual increase in the value of the coins.
- Redeemable- The GSX coin is redeemable to its gold value
- Audited- GSX allows for third party auditing of the financial and other records. Doing that increases investor trust.
Since GSX combines both the stable coin and cryptocurrency features, it ensures the growth of asset value in perpetuity. The fusion makes GSX a superior/hybrid stable coin when compared to all the other stable coins.
Investors can get information on the GSX page on the Apollo platform. Also, investors are most encouraged to buy the coins today and be part of the gold secured currency's global growth. Now is the best time since the GSX is still on presale; thus, investors will get them plus a 50% bonus.
Apollo
Apollo is the first blockchain in the world to introduce database level sharding. Using a database shard is to distribute data that cannot fit into one node, too many different database nodes.
Scalability is a menace in many blockchains, including bitcoin. However, due to the database level sharding in Apollo, scalability issues are easily handled. A blockchain trader can do any of their work on the Apollo platform without worrying about RAM and Caches running out.
Also, sharded databases ensure the Apollo blockchain is indefinitely sustainable, and it will never run out of processing capacity. Since the data is broken into small shards, if one part of the database fails, all the other parts will continue processing transactions and other businesses.
Apollo is also the fastest cryptocurrency in the world. Since the start of its development, the goal was to make Apollo the fastest crypto in the world. Apollo transaction speed is a maximum of 2 seconds per transaction.
The Apollo blockchain revolutionizes the blockchain technology by introducing a protocol called adaptive forging. Adaptive forging eliminates wasteful, non-stop block creation, since blocks are created and forged only when a transaction occurs. Adaptive forging ensures the fast settlement of transactions and eliminates float issues since it sends resources where they are needed. That enhances the efficiency of the blockchain.
The Apollo updater helps the developing team at APL keep it fully decentralized and upgrade the blockchain and protocol entirely. The Apollo updater allows the team to make adjustments to the blockchain by submitting a unique transaction on the Apollo blockchain.
The transaction by Apollo updater carries information and installs it to the entire decentralized blockchain, and therefore, the protocol receives regular upgrades. For many blockchains, including the giant Ethereum, this kind of technology has been hard to create. However, in Apollo, the updater functions with zero flaws.
Apollo has a banking network that supports instant bank to bank payments anywhere in the world and any currency. It has high military-grade security, and it processes international transactions in a mere 2 seconds. A user can send, receive, and track payments quickly.
Apollo fintech is the first platform to launch a national currency platform and host a national currency. The Apollo National Currency allows users to send and receive the country's national currency on an incorruptible ledger, without the issues involved in centralized systems. Problems like downtime, security vulnerabilities, and slow transactions do not affect the Apollo system.
Using the Apollo token system, anyone can create an advanced token in a matter of seconds. The above happens because there is no complicated coding involved in the making. Also, the Apollo blockchain brought the first DApps with no storage limit.
Apollo also boasts some of the significant use cases in the crypto world, including many commercial, government, and national bank-level use cases. A trader can send both private and public transactions.
Most crypto-wallets are not
quantum-resistant, and thus they can be attacked by quantum computers. However, the Apollo blockchain comes with a reliable quantum-resistant wallet. The
Apollo currency possesses some of the best features that can only be a fantasy in other blockchains.
Final Word
The Apollo platform offers blockchain developers advanced cutting edge and futuristic technology. The scalability issue that has for long menaced the crypto world will be a thing of the past.
According to Apollo Fintech CEO,
Steve McCullah, exciting new things are coming for Apollo in the next month:
“ I could not be more excited about this quarter. Much of what we have worked for should be launched during these next 3 months. It’s a new phase for Apollo, we move from working towards mass adoption to achieving it.”
The blockchain also provides stable coins perpetually increasing in value, unlike the other stable-coins from other platforms. Although the platform is still in the making, the features of the two cryptocurrencies in the platform make it a perfect driver for
faster crypto adoption. It is only fair to say that Apollo and GSX space are the most advanced cryptos in the world.
