HarmonyONE to EUR

What Is Harmony (ONE)?

Harmony has created an end-to-end ecosystem to transfer cryptocurrency by integrating your existing network to convert their fiat currencies into crypto or vice-versa. Harmony's effective proof-of-stack mechanism helps by handling the security and scalability of Ethereum(ETH) issues. This approach is all about increasing transactions and reduces cost.

Dr Stephen Tse is the founder of Harmony(ONE), and he is a PhD holder from the University of Pennsylvania. After completing his degree, Dr Tse became a research intern at Microsoft. He started working at Google as a senior engineer in the year 2006. After around five years, in 2011, he founded Shotsetter, a search engine that had to be acquired by Apple in 2014.

Harmony is a very secure and fast blockchain in peer-to-peer networking with key innovations, and this innovation came in 2017 by the founder Dr. Stephen Tse. Harmony's sharding is used to secure proof-of-stake, and its networking process achieves optimal cress-shard routine and quick block propagation. This innovation was done by 12 engineers, including Dr. Stephen Tse from Apple, Amazon, and Google.

 

The technical focus of Harmony is on staking security and sharding with the help of decentralized randomness. Harmony is also trying to implement fast block propagation and optimal cross-shard.

 

What is Sharding and Staking on Mainnet?

Harmony is using a sharding protocol by a trustless Ethereum bridge. Our developer team uses Ethereum(ETH) tools such as Solidity and Ether.js. Users can use Metamast to store bridges to interchange, or we can swap Harmony and Ethereum assets. We have achieved 2-second finality to cover speedy transactions and 1000 delegating to secure shards on this policy.

 

After the launch of project Mainnet (Mainnet supports nodes multiple nodes in shards and produce blocks in limited second with instant finality) in 2019 June, the growth of Harmony was tremendous, and almost after one year, in June 2020, more than 1000 nodes were trying to decentralize the network. The project migrates from the ERC-20 and BEP-2 originally issued to its native tokens. This project has implemented staking Based on (EPos) proof of Stake. So, the growth of Harmony will improve by the end of the year 2021.

 

Key Features of Harmony.

Harmony uses deep sharding with innovations on both networking and protocol layers of blockchain.

• Randomness generation protocol is very secure by VDF (Verifiable Delay Function).
• Handle network security by sharding with adaptive.
• Network performance is optimal.

 

Harmony (ONE) coins circulation till today?

The total supply of ONE is a maximum of 12,600,000,000 tokens, and the current circulation is 9,486,327,268, which is around more than 24.3%, and another 12.5% were set aside for additional launchpad sales. This number will change in the future on demand and supply. 

 

Token Supply Distribution:

• Token type: BEP2
• Total token supply: 12,600,000,000 ONE
• Initial circulating supply: 9486,327,268 ONE (Around 24.3%)
• Launchpad sale token price: 0.003175 USD(Price in BNB TBD)
• Launchpad Allocation: 1,575,000,000 ONE 
• Launchpad raise $5.0MM USD

 

How does it work?

Harmony uses sharding and pipelining design principles to the stable transaction process. These principles can handle connection latency and also permit throughput to scale with the network size. They are developing a mission-specific kernel to run their protocol with better security and CPU performance. This procedure allows the device's border set to perform a more decentralized network. Harmony performs network engineering techniques for better and brighter message circulation and more intelligent networks. In short, for a highly concurrent protocol, we need network topology.

 

What Makes Harmony Unique?

The (ONE) focuses on speed, scalability, and validation. The Harmony Mainnet refashion block designs aim to use the sharding process and reduce the node validation time. Amond this thing to be done, Harmony launched the (VRF)Verifiable Random Function to assure the protection of nodes and secure the process of validation. That Means nodes and validators are assigned in a randomized manner.

 

Where Can You Buy Harmony (ONE)?

You can buy ONE from many well-known exchanges but, you can not buy ONE from your fiat currency. You can buy from crypto to crypto. First, you have to purchase other famous and valuable coins like USDT, BUDS, BNB, and BTC and then exchange them with your ONE on trustable exchanges. Here, I am naming some popular and trustable crypto exchanges where you can create your account, submit your legal documents, and start your trade and investments.

• Binance
• MXC.COM
• Huobi Global
• HitBTC
• KuCoin
• Bilaxy

You can store your ONE in Trust Wallet for Harmony (ONE) or any other digital or hardware wallet to secure your Harmony.