Hi friends, I am continuing my Harmony ONE Protocol review in full swing. As you know, the processing speeds of current technologies are now criticized by many users. Although many crypto currencies are pioneers of Blockchain technology, they have a very slow speed. There are many blockchain projects with a processing speed of 5 to 15 per second. Of course, the demand for block chain projects has increased dramatically in recent years. This brought many problems. Slow speed and safety are the most important. Until recently Harmony has developed a number of solutions that address many of these concerns and continues to work and develop non-stop.
HarmonyONE Team Vision!
When the HarmonyONE team started the project, they took the first step with the slogan of consensus open to 10 billion people. This slogan shows that the vision of the project covers all humanity. The core team continues to develop the project and grow the society consistently. Naturally, he approaches this vision a little more every day. Harmony ONE is ahead of many block chain projects with low processing costs, high speed and high throughput. Even these features are enough to attract a large number of followers. However, the HarmonyONE features are not limited. Moreover, there are, for example; ICOs can be performed on Harmony. Tokenization of commercial assets on blockchain, loyalty points. Existing dApps can be moved to Harmony.
Protecting confidentiality as it uses zero information evidence in transactions. But the HarmonyONE team’s vision doesn’t stop there. The main goal of all members of the team is to bring a technology that will leave a mark on humanity. The HarmonyONE community therefore respects and strongly supports this team.
Harmony ONE and Sharding!
Most of us know Sharding technology. HarmonyONE uses this technology. But it also uses it in some projects. Now let’s make a comparison. For example, while Ziliqa has a processing speed of 2800 per second, Quarkchain has a processing speed of 14k. Another technology Multivac has a processing speed of 30k per second. However, all these numbers are quite small for HarmonyONE. HarmonyONE has an incredible processing speed of 118k per second. HarmonyONE differs not only from speed but from many aspects. For example; HarmonyONE shares the network layer, while Ziliqa, Quarkchain and Multivac share the software layer. This optimizes bandwidth and maximizes security while increasing processing speed. Another unique feature of HarmonyONE is the use of sharding technology. As I mentioned at the beginning of the article, many older block chain technologies such as bitcoin ethereum can reach 5–15 processes per second, while HarmonyONE can reach up to 1000 processes.
HarmonyONE Nodes and DeFi!
Any new information about the authentic payment between buyers and sellers is sent to the node and then a new block is created in a new block chain. The data is stored and verified in this way; payment is considered to be processed. Harmony’s main network was launched on June 28 with 600 nodes proving prosperity as it is one of the first 15 decentralized networks.
The Phase 2 version of Harmony’s main network aims to add 4 tracks, each containing 400 nodes for a total of 1600 nodes. Also; DeFi stands for Decentralized Financing. This industry basically holds a lot of data about lending and lending crypto currencies.
HarmonyONE in a nutshell!
In short, HarmonyONE started its work very soon and has come a long way. This project, which has more than the features of even the projects started years ago, seems to reach its vision in a very short time if it continues to develop at this speed as I wrote at the beginning of my writing. You can learn more by reviewing the ONE token information and official account information of the project I will share below. I wish you all a happy weekend.
ONE TOKEN İNFORMATİON
Token : ONE
Token type: BEP2
Token Price: 1 ONE = 0.0060 USD
Marketcap Volume : 16 m $
Rank : 182
Total Tokens: 12,6 billion
Circ Suply : 2.60 billion
Markets : Binance, Binance Dex, Hitbtc,Kucoin, Bitmax, Huobi Global, Huobi Korea, Gate.io and Bilaxy
HARMONY ONE OFFİCİAL ACCOUNTS
Web : https://harmony.one/
White Paper: https://harmony.one/whitepaper
Writer : Serkan DERELİ