![]() ![]() ![]() It helps the network confirms a block within 2 seconds using the help of 1000 nodes connected with four shards in parallel. Harmony uses it’s own version of Proof of Stake mechanism called Effective Proof of Stake consensus mechanism that works on the principle of Sharding (explained in cryptocurrency terminology) in which a process is divided into set of parallel processes to increase the network speed and to attain faster consensus. Image Source: harmony.one How does Harmony ONE work? Apart from addressing scalability and decentralization, it is also focused on improving security and privacy in the blockchain. Unlike other blockchains, Harmony was built from scratch means it is not at all forked nor used any generic blockchain toolkit (SDK) to get things started. Harmony is a secure decentralized blockchain created to address two core features simultaneously i.e scalability and decentralization. Is Harmony ONE a Good Investment? What is Harmony?.Harmony ONE Drawbacks 7.1 Unclear Vision.Harmony ONE Benefits6.1 Highly skilled team.How does Harmony ONE work?3.1 How does Sharding work?.It is high time we open up the stage and introduce Harmony one coin with possible price prediction – Founded by the core developer of Google Maps, Harmony is here to bring scalability and decentralization to the blockchain without compromising privacy and security. It was also one of the top gainers in the current year. Despite the slow start, it has slowly made its way up into the list of top 75 coins by market cap, reflecting a steady rise in value. The project was under the shadows for a long period of time. Harmony ONE coin is one of those cryptocurrency projects that are built by a skilled set of people who failed to market themselves to the end-user. ![]()
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