I'm excited to share with you a new POW blockchain called Harmony
Harmony is an incredible new blockchain that has created one of the most scalable and secure blockchains but hasn't sacrificed the importance of decentralization. I'm excited to share with you a new POW blockchain called Harmony. Harmony was built to scale linearly which will allow it to process an extraordinary high transaction per second speed. This is extremely important for mainstream adoption, harmony can handle transactions for 10 billion people!
Harmony has created the next generation of sharding technology that will help it outperform any competition in the market. Ziliqa brought sharding technology to the crypto space last year but like most new technology it came with some fundamental issues that are hard to change after it's release. Harmony has solved the storage bottleneck of the Zilliqa blockchain built a solution for the attack vector of corrupting single shards. This has lead to the perfect linearly scaling, and provably secure sharding ecosystem.
Every voting share (which is underwritten by a Harmony One token) allows its respective staker to cast one vote. Security is maintained by keeping malicious stakers to less than 1/3 of the of the voting shares in any shard. Harmony has developed an adaptive threshold system to guarantee the security of the network. By Harmony’s calculations, this system is completely fault tolerant if less than ¼ of the entire network is malicious; which is quite conservative in preparing for a worst-case scenario.
I know we have seen so many blockchain projects popping up and it's hard to keep up with it all, but Harmony is truly a special blockchain and one that I think you should learn about. If you would like to learn more about it, I have provided some links below.
https://harmony.one/
https://harmony.one/pdf/whitepaper.pdf
Thanks for stopping by :))
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