How Harmony ONE Works | What Is Harmony One | How To Stake Harmony One

How Harmony ONE Works | What Is Harmony One | How To Stake Harmony One

100 View

How Harmony ONE Works | What Is Harmony One | How To Stake Harmony One

👉 Harmony ONE Twitter: https://twitter.com/harmonyprotocol

👉 Get Your own Binance Account from Here: https://bit.ly/Binance-Register-Now
👉 Best Hardware Wallet (Trezor): https://bit.ly/Trezor-Cold-Wallet

🎬Watch our most recent videos:

🔥Bear Market | Crypto Crash 2022 | Crypto is Down MORE | DO THIS NOW👇
https://www.youtube.com/watch?v=O5W9hm9HGU4

🔥Is Solana’s $SOL Worth the HYPE?! | This You NEED To Know!! ☀️👇
https://www.youtube.com/watch?v=_ZARcHIr2L4

_____________________________________________________________

Links mentioned in the video:

✅ Best Hardware Wallet (Ledger Nano): https://bit.ly/Ledger-Cold-Wallet
✅ Best Hardware Wallet (Trezor): https://bit.ly/Trezor-Cold-Wallet
_____________________________________________________________

Welcome to our How Harmony ONE Works Video!

Harmony is an open and fast blockchain. Their mainnet runs Ethereum applications with 2-second transaction finality and 100 times lower fees.

Scalable, Secure & Decentralized
Harmony balances these three critical pillars with secure, random state sharding. Security against single shard attacks is guaranteed by leveraging 250 nodes per shard and cryptographic randomness to re-shard regularly.

Zero-Knowledge Proofs
100x benefits & magical uses

Zero-knowledge proofs (ZKP) and cryptography primitives are fundamental innovations for Web3’s future. We created the zkDAO and zkU courses to bring the best research to production and educate our open community of developers.

Vision 2026
LATEST FROM STEPHEN
Vision 2026
Harmony is scaling Web3 infrastructure of DeFi and NFT by bringing ZKPs to production and decentralizing governance by funding thousands of DAOs.

2022 Roadmap
2022 Q1
Trustless Bitcoin bridge
ZKProof course
Social NFT wallet
Staking contract
Cross-Chain to OpenSea

2022 Q2
“Blue To Fly” social tokens
Elastic endpoints
Game shard
Opolis for DAOs

2022 Q3
State pruning
Cosmos bridge
Trustless Etherum bridge
Cross-shard transactions
Decentralized networkFast streaming sync

2022 Q4
1-Second Finality
Decentralized ops
zkSync rollups
Private authentication
ONE annual conference

Harmony makes breakthroughs in following aspects:

● Fully Scalable: Harmony shards not only the network communication and transaction validation like Zilliqa, but also shards the blockchain state. This makes Harmony a fully scalable blockchain.
● Secure Sharding: Harmony’s sharding process is provably secure thanks to the distributed randomness generation (DRG) process which is unpredictable, unbiaseable, verifiable and scalable. Harmony also reshards the network in a non-interruptive manner to prevent against slowly adaptive byzantine adversaries.
● Efficient and Fast Consensus: Unlike other sharding-based blockchains which require PoW to select validators, Harmony is based on PoS and thus energy efficient. Consensus is reached with a linearly scalable BFT algorithm that’s 100 times faster than PBFT.
● Adaptive-Thresholded PoS: The threshold of stakes required for a node to join the network is adjusted based on the volume of total staking in a way that malicious stakers cannot concentrate their power in a single shard. Moreover, the threshold is low enough so that small stakers can still participate in the network and earn rewards.
● Scalable Networking Infrastructure: With RaptorQ fountain code, Harmony can propagate blocks quickly within shards or across network by using the Adaptive Information Dispersal Algorithm. Harmony also adopts Kademlia routing to achieve cross-shard transactions that scale logarithmically with the number of shards.
● Consistent Cross-Shard Transactions: Harmony supports cross-shard transactions with shards directly communicating with each other.

____________________________________________________________

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

I hope you found value in our How Harmony ONE Works video. Make sure to leave a like on the video if you gained value from it!

#HarmonyONE #Crypto #Coin #Bitcoin #Today #BTC #Binance #Ethereum #ETH #Bitcoin #CryptoGuide #crypto #Ether #DigitalCurrency #BestCryptoExchange

👉👉 For Collaboration Contact Us At: [email protected]
🔥 🔥 For ‬More Crypto Projects Check Out Our Site: https://crypto-mind.org

________________________________________________________________________

⏰Timestamps⏰

0:00 harmony one introduction
0:24 harmony one project summary
23:23 harmony one outro