What is Harmony ? All about Harmony in Short | Crypto Currency Harmony
What is Harmony ? All about Harmony in Short | Crypto Currency Harmony
Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.
When was HARMONY invented?
Stephen Tse founded Harmony in 2017. The Harmony founding team comprises twelve people, with seven of them being former employees at Google, Apple, Microsoft, and Amazon.
Importance of HARMONY?
Focusing on processing speed and validation, the Harmony mainnet aims to revolutionize block creation. By introducing the sharding process, the company reduced node validation times significantly. To ensure the protection of nodes and secure the validation process, Harmony introduced the Verifiable Random Function (VRF) for unbiased and unpredictable shard membership.
Future of HARMONY?
According to a Harmony crypto forecast from a popular YouTube channel, Coin Bureau, Harmony is still one of the most undervalued altcoins on the cryptocurrency market. The channel believes there is a lot of room for growth, expecting ONE to hit $1.00 by the end of 2021 and move up to $3.00 -$5.00 per coin by 2025.