Apollo Foundation Announces ‘Updater’ For Secure Decentralized Blockchain Upgrading
The Apollo Foundation has announced the release of its newest innovation, Updater, designed to update the blockchain using a transaction on the blockchain itself, allowing the blockchain to avoid hard forks and to ensure the stability of each node contributing to the blockchain.
The Updater represents a mechanism for secure updates of blockchains especially by allowing streamlined updates into the existing blockchain model, according to the Director of the Apollo Foundation, Victor Konovalov.
He added that the Updater also allows the foundation to quickly and efficiently integrate smart contracts, as well as add new features to the blockchain.
The Apollo Foundation launched the first all-in-one cryptocurrency focused on the integration of every useful cryptocurrency feature, and it hopes to combine those features with unsurpassed privacy.
On his part, the CTO of the Apollo Foundation, Sergey Rohvarg stated that the Updater helped them include digital signatures to their network. Thus, they are able to prevent the network from being overloaded with fake signatures and transactions.
Sergey informed that they can now update critical parameters without hard forks, which speeds up the blockchain. He said it is the Updater that allows them avoid errors when launching the automatic update algorithm, which is included in the transaction from the nodes of the Apollo Foundation.
The CTO said they can now check and compare versions of updates and configuration changes with a digital signature and see the history of changes. A feature he said protects them from hackers and any unauthorized updates from unauthorized sources.
Apollo aims to become the most multifunctional cryptocurrency on the market and the authors of the project will release their second major update soon, Hermes 1.0, making Apollo one of the fastest cryptocurrencies available.
Industry experts say the use of the Updater's secure update mechanism for blockchains will help avoid situations like bitcoin's hard fork which was associated with a change in the size of blocks. Therefore, if the cryptocurrency protocol type changes, if anonymity is added, the Updater can prevent any associated network problems and ensure its integrity.