This past week, John McAfee pumped an ‘all-in-one cryptocurrency’ called Apollo.
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.
Apollo did not respond to our request for comment.
Those who enter the market at this time may be surprised to hear that Bitcoin…
George Town, Grand Cayman, 22nd November 2024, Chainwire
Las Vegas, US, 1st November 2024, Chainwire
From digital art to real-estate assets, NFTs have become a significant attraction for investors who…
Singapore, Singapore, 21st October 2024, Chainwire
HO CHI MINH, Vietnam, 17th October 2024, Chainwire