HARMONY PLATFORM: IMPROVING THE FINANCE SYSTEM GLOBALLY.

     INTRODUCTION

After all achievements that has been recorded by cryptocurencies, several challenges still face the innovation and has been a restricting factor to its growth and the way its being adopted by all. It is very important to have perfect scalability in the community of cryptocurencies because that makes it able to control and take of all the responsibilities in the system. In order not to hold back and underuse the crypto community, it is necessary to provide a solution that will increase in adoption, encourage smooth payments through the system and achieve a very high scalability. Harmony is a platform that will make this possible, it would introduce new security solutions and improve the scope and reach of the system such that perfection can be seen in it.

    ABOUT HARMONY PLATFORM

There are so many solutions brought by this low-fee consensus platform with the intention of restoring the perfect state of the cast network of cryptocurency. This spectacular concept is having a team that has full knowledge and experience about the digital community and is going to use this as a leverage in improving the qualities of the activities done.

It has a tool/feature called sharding brought about by Zilliqa that focuses on reducing the time spent in completing the operations. This sometimes works automatically to bring about the improvements in this aspect of the community. The nodes are made active for this purpose and are allocated to perform their functions of handling a process or storing records. With this feature it is able to overcome the difficulties of scalability in the system and get the Innovation ready for the coming generations that will be in need of the solution.

It also uses a very intelligent algorithm and consensus protocol that merges nodes with the same functions together and from there is able to achieve the required progress of ensuring smooth operation processing which is all as a result of the full decentralisation that the platform is made of.

 HOW HARMONY WORKS / PRACTICAL FEATURES 

This setup uses a mathematical protocol that is focused on maintaining the perfect working of nodes and all the validator node, making sure they all perform their functions. This protocol or tool is called the Practical Byzantine Fault Tolerance that holds down this characteristics in the ecosystem. It has a very unique function and works to bring all nodes to consensus so that nothing is left amiss. Then there is a special mathematical formula for determining the amount of nodes in action and that is O(n*n).

There is a FBFT that is used asides the one talked about above. While this one is in use, the votes of validators are kept while nodes are also handled while other ones are well broadcasted. This feature permits staking by users and then they have open chance to get rewards and earn remarkably than others in the network. There is no doubt that this project is also able to rewards its stakeholders in it.

While that is done, to the system is coordinated and made to function actively in other activities that involves the use of tokens and operations that benefits all the parties that take part in it. This is where the deepsharding process is made to function both on chain and off chain, playing its role in the platform. The working of all these features will give no room for any form of manipulations to take place then all those who us involved in the process will be able to make good choices and enjoy the scalability and protection that comes from the proper functioning of the system.

The team has therefore come up with this amazing platform that cannot be met in Standard by other platform which is very wonderful of them because it is not an easy thing birthing such an amazing network with as much scalability as it has. As far as the team is concerned, the solutions brought will provide lasting way forward with the use of cryptocurency and benefitting all those that are attached to the system in a way.

        CONCLUSION

There is now no better ground for improving the digital space than this platform. It has succeeded in scaling above the difficulties of the community and has designed a way forward such that a clear path is created to encourage effective payments and also give a clear blueprint on how to attain full adoption across the world. Having fulfilled its sole aims and upholding the structure of crypto by its Innovation and that will keep the community movingly forward such that the coming generations would appreciate what impact it has made.

    USEFUL LINKS;

Website: https://harmony.one/
Telegram: https://t.me/harmony_one
Twitter: https://twitter.com/harmonyprotocol
LinkedIn: https://www.linkedin.com/company/harmony-protocol/
Instagram: https://www.instagram.com/harmonyoneprotocol/
Medium: https://harmony.one/blog/