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We have come a long way since the early ages of humanity. We are always hungry for improvement, and finally, thanks to bitcoin, we have discovered an endless technology like blockchain. Soon we started to understand what we can do with blockchain technology. Over time, many talented people created their own crypto currencies by reflecting their ideas on this technology. This crypto revolution, which entered our lives rapidly, continues to develop by facilitating many things in our lives. Useful and well thought out projects have always attracted attention. As Blockchain enthusiasts, many of us slept and woke up with projects we believed in. The Harmony project I will talk about today attracts the attention of many blockchain enthusiasts as a new groundbreaking ecosystem in blockchain technology. If you're ready, let's get to know the HarmonyONE Protocol a little better;
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What is Harmony ONE Protocol?
Harmony is a project that uses the latest generation of blockchain technology to create a new generation decentralized ecosystem. The block chain developed in the Harmony project incorporates an incredible speed of 10 million tx / s and a low latency of 100 milliseconds per second. Of course, as these great features offer us, they have lower processing costs than most projects (% 0.1). There are two important components that form the basis of the Harmony project. Harmonizing with Deep Shredding and Zero Knowledge Proof technology, it enables users to do this without disclosing all data thanks to speed and time saving and verification method. Harmony uses the RaptorQ fountain code, which allows the network to open blocks quickly or in case of breakage. Another feature is the use of networking techniques that can increase message propagation speed and achieve faster consensus. In addition, smart contract support, use of 5G mobile networks, Google UDP QUIC-Internet Protocol and It has many features in addition to proof of purchase (PoS) technologies.
Application areas of Harmony ONE Protocol
Due to its properties, Harmony ONE Protocol is compatible with many sectors and is capable of producing successful results in many areas that have not been tested before. For example, Traffic regulation and navigation systems in a city, it can be used in Dapps games due to its high speed. In addition, harmony is an indispensable technology in many sectors such as record keeping and supply tracking. Apart from these features, it is compatible with many fields. Therefore, the Harmmony ONE Protocol seems to have a very bright future.
Harmony ONE Token
The Harmony ONE display has three main functions;
It will be used for the DPoS consensus model, which allows tokens to win block prizes and transaction fees.
The token pays transaction fees, gas charges, and storage charges, and
It is used to exercise voting rights for in-chain governance. The Harmony ONE token is the bep2 token and uses the binance token network. Although there are 12.6 billion aggregated tokens, there are an average of 3 billion ONE token in circulation. In addition, the coin value has gained momentum due to the accelerated development of the project in recent weeks.
Harmony ONE Protocol As a result;
Especially given the supporters of the project, the team's high business potential and the strength of the community, It seems to continue to develop rapidly. Due to its many advantages, IEO achieved an incredible sales performance in its sales. Overall, I see Harmony as a promising project with many great ideas and technology solutions. It also supports the emerging decentralized economy by operating at an extremely high scale. As an alternative to deep-rooted projects such as Ethereum, this project, which has taken its place in the block chain market with a new technology, will definitely get the attention it deserves. As a result of the right strategy of the developer team, many blockchain technologies have proven to be an alternative to their products. Finally, you can follow the Harmony ONE Protocol and get updated information via the links below. Hope to get back together.
Harmony ONE Official Accounts;
Web: https://harmony.one/
White Paper: https://harmony.one/whitepaper
Medium: https://medium.com/harmony-one
Discord: https://harmony.one/discord
Instagram: https://www.instagram.com/harmonyoneprotocol/
Twitter: https://twitter.com/harmonyprotocol
Telgraf: https://t.me/harmony_one
LinkedIn: htps://www.linkedin.com/company/harmony-protocol/
Writer: Serkan DERELİ