Apollo is a privacy-oriented coin, with features like IP masking, smart contracts, an asset system and many others. The Apollo Foundation is offering the all-in-one currency, with the equal or better features of every other cryptocurrency on the market. The goal of Apollo is to replace the great number of niche currencies with one platform combining the best features currently available on the market.
Hermes Blockchain
The Apollo team claims that the Hermes blockchain is one of the most secure, lean cryptocurrency infrastructures with indefinite stability. The Hermes protocol will bring down transaction times from 20 to 30 seconds on the same blockchain facility to as fast as 2 to 3 seconds. Utilizing the newest and most-advanced blockchain technology will make Apollo one of the fastest cryptocurrencies on the market. This will help to establish its dominance as it opens up huge potential in micro transactions, decentralized banking, financial services and more. It incorporates pretty much all the systems and mechanisms that help secure the blockchain infrastructure and provide privacy, including but not limited to alias systems, encrypted messaging, phased transactions and many, many others.
Olympus Protocol
The Olympus Protocol is part of the Apollo ecosystem, integrating the most competitive privacy features along with an integrated decentralized exchange. IP masking making use of advanced technology, including tor, is integrated into the Apollo wallet allowing for seamless, untraceable use of the wallet and all its features. Public and Private transactions are also available. The decentralized exchange integrated into Apollo will allow anyone to buy, sell and trade with absolute secrecy in a decentralized environment, no identification documents are ever needed and transfers are absolutely free.
Currency
Apollo is an all-in-one currency offering its users endless possibilities that go beyond making secure payments for goods and services. Apollo is a universal currency that has the potential to be adopted in almost every sector of life and business. Unlike an ICO, Apollo is not an ERC20 token.
Controversy
While it sounds very promising, the Apollo project does not come without any controversy. In a Telegram posting dated 01.08.2018 Victor Konovalov – the Director of Apollo Currency has claimed that NXT, the platform on which Apollo was developed on, is an official partner of Apollo. The Jelurida team came forward and denied the existence of any association with Apollo, and even claimed a copyright against the Apollo project, as it basically copied the entire blockchain infrastructure that the NXT platform was built on without giving any credit to Jelurida whatsoever. The issue has been since resolved and the two projects reached a mutually-beneficial solution.
Conclusion
Apollo is a somewhat an ok project. It comes with a big bundle of features that other currencies lack but has had a lack of marketing, making it rather unknown to the market. Also, the integrity of the team is at question, as they have been known spread false rumors in the past.
