OPINIONS ABOUT HARMONY ONE

in #harmony5 years ago (edited)

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Blockchain promises to effect a deconcentrated coordination at scale. However, there exists an avenue to effectively harness these. Fortunately, Harmony has arrived to make that a thing of the past. Harmony strives to resolve consensus at scale. The process is similar to Google, which incorporates the infrastructure of the Google's search. Additionally, Harmony One applies innovations at every single layer; in consensus algorithms, systems, and networks to completely make the best of networks while also adhering to strict decentralisation. The Harmony One platforms offers scalability and improved decentralisation. The open infrastructure role of the Harmony Oneoffers low-latency, and low fee consensus avenue. It also aims to solve stellar Blockchain problems through the use of innovative technology; and security pioneering as a core concern. Harmony One looks to solve these major Blockchain problems:

  • Complexity and slowness of the Blockchain network can be challenging for users.
  • Security Issues: Harmony One, in in addition to its bid to enable Blockchain solutions, also strives to protect the privacy of its users.
  • The Energy Consumption: This makes use of the unique POW (Proof-of-Work) mechanism. It also formalizes every transactions performed by its users.

WHAT IMPROVEMENT HARMONY ONE OFFERS

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Harmony One gives a plethora of unparalleled betterments for Blockchain users:

  1. Security: The susceptibility of Blockchain platforms such as Quarkchain and Zilliqa are the subjects of many Blockchain topics. This is due to the fact that these platforms make use of PoW for their voter's validation process. This system is highly prone to cyber attack simply because hackers can focus on the hash power of a single shard, hence gaining access into the entire network. However, with the Proof of Stake, Harmony One can completely eliminate the threat of the attacker to a harmless 1%. With this vulnerability contained, Harmony One establishes itself as an entirely safe platform.

  2. Consensus Algorithms: The algorithms of Harmony One makes available far more benefits for users' engagement. This is because it gives flexibility that further breeds decentralisation. It also protects its users through the use of Proof-of-Stake. Users will stake with tokens as opposed to having race as blocks. When these users choose to use PoS as the registered voter's validator, more energy is staked when compared to the mining process of the PoW.

  3. Deepsharding: Harmony One possesses a sharding layer with concensus protocol which provides itself as an array of nodes boosts inside its network. This is effective in solving the problem of scalability by infusing sharding into every level of its project block chain layer. Each node carries extensive block chain data needed for the completion of transactions.

WHY SHOULD PEOPLE USE HARMONY ONE?

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  • Low-fee consensus platform: This offers users a highly subsidized cost of transaction to effect smooth and seamless transactions.
  • Competent and reliable Consensus: Harmony One works with PoS, hence its energy competency. It is fully charge with scalable BFT algorithm which is a hundred times faster than the PBFT algorithm.
  • Adaptive Threshold PoS: Harmony One offers a threshold that is low enough for every user to stake and actively contribute to the Blockchain system.

CONCLUSION

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Harmony One has professionally established itself as one of the tested and trusted platforms for Blockchain. It allows for voting and earning simultaneously, and its effective network communication is a feature that can only be found on selected platforms.

Relevant Links on HarmonyOne

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Website: https://harmony.one/
Whitepaper: https://harmony.one/whitepaper.pdf
Telegram: https://t.me/harmony_one
Twitter: https://twitter.com/harmonyprotocol
Medium: https://medium.com/harmony-one
LinkedIn: https://www.linkedin.com/company/harmony-one/
Github: https://github.com/harmony-one

Author - invbeejay
Bitcointalk Profile Link - https://bitcointalk.org/index.php?action=profile;u=1900615

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