[Apollo Becomes First Cryptocurrency to Successfully Implement Database Sharding]

Apollo Becomes First Cryptocurrency to Successfully Implement Database Sharding
The all-in-one currency project is the first crypto to implement sharding on an active blockchain



NEW YORK, July 26, 2019 /PRNewswire/ -- The Apollo Foundation has made history by becoming the first project to utilize sharding on an active blockchain and one of the first cryptocurrency ventures to implement a solution to blockchain bloat. Apollo sharding was activated on April 1, 2019, and the first shard segmented on the blockchain at block 2,225,000. This first shard signaled a monumental accomplishment towards blockchain advancement and a revolutionary moment in cryptocurrency history.

"With the release of sharding, Apollo has officially become the fastest, most feature-rich and most sustainable cryptocurrency available," says Steve McCullah, director of business development.

https://www.prnewswire.com/news-releases/apollo-becomes-first-cryptocurrency-to-successfully-implement-database-sharding-300891593.html



Apollo Cryptocurrency Brings You Database Sharing

Apollo (APL), a cryptocurrency backed by the Apollo Foundation, said Friday it successfully implemented database sharding to reduce blockchain bloat.

“With the release of sharding, Apollo has officially become the fastest, most feature-rich and most sustainable cryptocurrency available,” said Steve McCullah, Apollo's director of Business Development.

Blockchain bloat occurs with scaling and data accumulation; transaction speeds slow with increasing levels of use and data aggregation.

Apollo aims to pair this development with additions like adaptive forging, which eliminates wasteful block creation; blocks are made and forged only when transactions take place, lowering data use and storage.

“Sharding and adaptive forging make Apollo the most sustainable blockchain on Earth,” McCullah said in the press release.

The team behind Apollo believes these additions will assist in efforts to scale use of its blockchain technology.

https://finance.yahoo.com/news/apollo-cryptocurrency-brings-database-sharing-190413576.html

I am not seeking to illegally avoid tax, just to be smart about it.

I plan to start using a proper accountant this coming financial year.

I am well aware each TRADE into FIAT money is a taxable event.  But I am wondering if trades between CRYPTOS (such as btc to ltc, ltc to eth, eth to btc) are taxable events?  I would assume not, but would like to hear the opinions of other Australians.

Seems to me that APOLLO is an improved version of DASH and MONERO...

So I am thinking that it has similar price potential at least.

Please share your thoughts and I am happy to be corrected if I have any misconceptions.

And all will go to 0.00 dollar value eventually.

He does allow for Monero as the only exception...

All opinions welcome...