We need Talk about Harmony

in #harmony5 years ago (edited)

Whats is Hamony?

Harmony is a scalable and secure blockchain. Based on the technology of fragmentation, Harmony is a chain of Pos Blocks where you scale linearly which results in being able to perform several transactions per second. Harmony takes decentralization to a new level, with fragmented and more optimized technology.

On June 28 Harmony unveils its mainnet, its first fragmented blockchain.
With about 600 nodes, it is a 15 most important decentralized networks. You can read more about this release Here

The dream Team

In Harmony they know that success depends on human talent, believing in the idea and that this team supports it. In Harmony there are the best experts: Business and also in the area of ​​engineering. Passionate about improving your experience.

Each member of this team has the experience and complete profile in the academic and industry. They are the best.
The best projects are built by people who fall into the category of "Cryptomafia", these are very high-level executives, academics and Wall Street giants who seek to revolutionize the market through their experience and passion.
Harmony has the best of all branches that have already demonstrated their talent and that is why they are part of the team.

Blockchain Technology Comparisons

Fast, better compensated. Harmony is the best proof of a great job.
Here is a comparison of other projects that use fragmentation technology.

No more Issues

Scalability is a very real problem that many projects face and what they do not yet face can do so in the future.

  • CryptoKitties a massive project with a large number of users. Animoca, the company behind Cryptokitties has chosen to collaborate with Harmony.

  • DeFi (Decentralized Finance), According to Binance, DeFi has become one of the most frequent use cases of the Ethereum network, DeFi consists of loans and loans in cryptocurrencies, resulting in large transaction performance requirements.

Harmony In Your Area

  • Full Scalability :It fragments such a process as maintaining network registration, means less storage requirements.
  • Secure Sharding : Beacon chain uses a DRG (distributed randomness generation). Unpredictable, verifiable, scalable.
  • Fast and Efficient Consensus : More energy efficient than PoW alternatives.
  • Adaptive-Threshold PoS
  • Scalable Networking Infrastructure
  • Consistent Cross-Shard Transactions

Sharding

Fragmentation is the process of dividing computational Responsibilities based on the smaller segments, reducing the total burden of coputation.

In Harmony
Harmony is built and based its system on industrial and athemic developments.
From the Zilliqa network.
Harmony learned from industry and academia in the development of her own frangmetation scheme. It is safe and linear scaling.

Sharding Time Intervals

In Harmony A time is set in a time interval that the frangmettation conditions are set, the conditions at the time of fragmentation change, this to further secure the network.

Resharding

Once the time is over, the validators who eliminated their participation are removed from the network. Those who continue will receive new shares and voting rights, for the next time.
These actions are randomly assigned to others who have more actions and votes than the average of the entire network. A constant number of shares will be redistributed. This means that in Harmony the fragments should not be renounced to zero when an era ends.
This produces synergy in the stakeholders:

Once the time is over, the validators who eliminated their participation are removed from the network. Those who continue will receive new shares and voting rights, for the next time.
These actions are randomly assigned to others who have more actions and votes than the average of the entire network. A constant number of shares will be redistributed. This means that in Harmony the fragments should not be renounced to zero when an era ends.
This produces synergy in the stakeholders:

  • Ensures that the system works optimally
  • Maintain and increase bets as times go by.

Beacon Chains

One of Harmony's differentiators is the Beacon Chain protocol, it is one of the chain types, the other is the multiple transactions by multiple fragment chain. The eacon chain itself processes as a fragment chain.
Two other key functions:

  • Generate random numbers that influence which validators are assigned to which fragments.
  • Accept bets that are requested and become validated.
    Validators are determined by a process similar to that of other fragment chains.

*** Pangea***
Pangea is an experimental area for thousands of people to interact in the harmony network.
Pangea was created only for an experimental purpose.

Read more abouts Pangea Heres

More About Harmony :
Harmony Website
Harmony OnePager
Harmony WhitePaper
Harmony Medium Blog
Harmony Telegram Group
Harmony Twitter
Harmony LinkedIn
Harmony Instagram

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