This past week, John McAfee pumped an ‘all-in-one cryptocurrency’ called Apollo.
One of the biggest issues with current cryptos is blockchain bloat. Apollo is one of the only coins to solve this problem. Their release of Sharding will make it one of the most advanced coins on the market and one of the only options viable long term.https://t.co/VfF64Ok6MG
— John McAfee (@officialmcafee) March 27, 2019
However, according to Jelurida, the creator of the Nxt and Ardor public blockchain platforms, this is one to be avoided. “After a close examination of the Apollo software, we feel it is necessary to issue a public warning, in order to prevent Nxt users who have accounts on the Apollo blockchain from being misled that the Apollo private transaction feature actually works, and wrongly assume that their transactions cannot be seen by others,” it says in a blog post.
“The reality is that all transactions on their blockchain, regardless of being labelled private or not, are easily accessible to anyone who downloads the Apollo blockchain, now, and forever in the future, due to the immutable nature of the blockchain.”
The company also took to Twitter to challenge McAfee’s assertion that Apollo is a viable long-term option.
Imagine if some company back in the days when you made your antivirus software would have copied/cloned your work, renamed to Mcfluffy, claiming to do tons of stuff and market it as a game changer knowing that actually is just a bad copy without the support of devs that made it!
— Sazan ױ (@AvdiuSazan) March 28, 2019
Apollo did not respond to our request for comment.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.