I recently learned about Harmony and have been blown away with what this blockchain is doing. I know we have been overoaded with countless crypto projects over the last couple of years but Harmony is truly unique and offers something much more valuble than most.
Harmony is taking sharding to a whole new level, creating a linear scaling model which is secure and energy efficient. Its POS blockchain is capable of producing unprecedented transaction per second enabling it to handle mass adoption.
Harmony is focused on the importance of decentralization which is in my opinion what seperates a true blockchain from a distrubuted ledger. Harmony released its mainette on july 28th with 600 nodes and has plans to increase that total to 1600, maki g it one of the most decetralized blockchains on the planet! This really gets me excited 🌟
1 Full Scalability
Harmony shards both the processing and the record keeping (state) of the network
This means that the storage requirements are less restrictive
2 Secure Sharding
Harmony’s Beacon chain uses a DRG (distributed randomness generation) process
Unbiasable, unpredictable, verifiable, scalable
3 Fast and Efficient Consensus
Harmony is PoS and more energy efficient than PoW alternatives
4 Adaptive-Threshold PoS
Staking requirements are adjusted based on total staking volumes so that:
Malicious stakeholders cannot concentrate on single shards
The threshold is low enough to allow participation for small stakeholders
5 Scalable Networking Infrastructure
Harmony can propagate blocks quickly within shards or across the network
Cross shard transactions scale logarithmically with the number of shards
Every new shard gets you 1, 10, 100... more transactions instead of 5, 10, 15...
Harmony has learned from Zilaqas sharding model and has made critical changes to prevent a potential attack vector of currupting shards and increase its storage capacity.
If you haven't learned about Harmony yet I would really like to encourage you to discover the potential of this incredible new blockchain!
https://harmony.one/
https://harmony.one/pdf/whitepaper.pdf
