Hello everyone, we are all aware of the speed of developing technology in recent years and we are now in an electronic age. we are in a technologically violent race in this new age. Each sector is competing in its domestic market and the best ones are always at the forefront. With the advent of bitcoin in 2009, this pioneering crypto gave us the incredible potential of blockchain technology. After the discovery of Blockchain, projects using this wonderful network began to emerge. Today I’m writing to tell you about a new project with the latest technology and the latest features.
Launched in 2018 with a strong staff, the Harmony Protocol was launched as a decentralized project to create an open market on Google scale. The aim of the project is to perform very hight transactions per second over the Open Internet and the consensus protocol compared to transaction value over the Internet. In short, to meet all humanity with low latency and minimum processing costs, it was developed as a project extending up to 100 billion devices and adapting to acceleration up to 1000 times. With the highest speed, highest processing power and lowest wage, this project primarily affected the residents of the block chain. Anyone who understands this technology has seen the features of all these firsts as a great success. Since the project team consists of incredibly talented individuals, they worked flawlessly and in the best way. In the end the CEO of the world’s best and largest stock exchange saw this potential in project and initiated a strong IEO era for the Harmony Protocol. A study with good potential always gets the attention it deserves. The compliance protocol is listed as successful in the Binance exchange. But this is of course a small goal for the integration team, because they are constantly working to implement a project that will shape the world. Now let’s technically examine this latest model project;
Similar to Google’s vertical integration of search infrastructure, HarmonyONE follows a comprehensive approach to resolving consensus. In order to maximize network performance while maintaining centralization, it has managed to implement 10x innovations on consensus algorithms, systems and networking on each floor. End-to-end integration enables faster iteration and more aggressive optimizations than can be done with a modular approach There’s a few things I’d like to discuss for Harmony today. These are some of the most important features. transport network, concensus protocol and Sharding. Let’s take a deep look at these important features;
For Transportation Network; Based on Google’s UDP (Google User Datagram Protocol), known as Fast UDP Internet Connections, the network accounts for 88% of Chrome Traffic, 35% of Google Traffic, and 7% of Internet Traffic. Fast UDP Internet Connections improve the combination of different cases and provide Zero Round-trip delay. The broadcast with no round-trip delay has features that make synchronization more robust and resistant to change and unbalance.
Concensus Protocol; The consensus protocol uses design principles such as sharding and pipelining to parallelize the process. This allows effective handling of the connection latency and allows the efficiency to be scaled according to the network size. First block chain consensus 1 The protocol that powers Bitcoin is the Proof of Business (PoW) consensus. PoW is a process in which miners compete to find the solution of an encrypted puzzle, winning the next block, and winning some token rewards. PoW’s security assumption is controlled by more than 50% of hybrid power honest nodes. In such an assumption, the consensus rule is that the longest chain will be canonical, and therefore the PoW consensus will have a chain-based consensus. Harmony is inspired by these three previous solutions and designs a PoS-based, linearly scalable and demonstrable sharing program. It combines the Verifiable Random Function (VRF) and the Verifiable Delay Function (VDF) to provide an efficient algorithm for random generation.
Sharding ; especially in 2017, chain technology attracted great attention. this brought many solutions and many features were introduced. In the industry, Zilliqa is the first shredding-based ring block chain that demands 2,800 TPS yield. Zilliqa uses PoW as the identity registration process. Zilliqa’s network has a single guide service committee and several component committees, each with hundreds of nodes. Processes are assigned to different parts and processed separately. Blocks from all fractures are collected and assembled in the guide service committee. Zilliqa is not a state-sharing solution because each node must maintain the state of the entire block chain for the process. Harmony includes a beacon chain and multi-part chains. The signal chain serves as a random marker and identification. Harmony provides an effective algorithm for combining randomness. In recovery, PoS minimizes safety assessment of fracture.
I’m new to introducing the Harmony protocol. Whenever I write, I focus on telling you a different trait. sometimes I focus on the team and sometimes on the technical features. This project, which I chose to introduce, provided the confidence of its investors with the Binance Launchpad and the technical features it brought. The Harmony team offers us many features and, with a strong approach, places more on the table than any other project. Their progress so far has made the project very attractive for long-term investment. I must definitely mention this; Compatibility is one of the most impressive platforms I’ve reviewed in the last few months, and its focus on user data privacy is beginning to open up to large sectors that require secure processing of private data. It looks like a platform that will attract the most popular and most popular dapps. Harmony has completed its infancy and I am confident that the team’s visionary project will offer a solution that will rival some of the best Dapp platforms today. Harmony’s ready to run now. I wish you all a happy day.
ONE TOKEN İNFORMATİON
Token : ONE
Token type: BEP2
Token Price: 1 ONE = 0.0060 USD
Marketcap Volume : 16 m $
Rank : 182
Total Tokens: 12,6 billion
Circ Suply : 2.60 billion
Markets : Binance, Binance Dex, Hitbtc,Kucoin, Bitmax, Huobi Global, Huobi Korea, Gate.io and Bilaxy
HARMONY ONE OFFİCİAL ACCOUNTS
Web : https://harmony.one/
Medium: https://medium.com/harmony-one
Discord: https://harmony.one/discord
Instagram: https://www.instagram.com/harmonyoneprotocol/
Twitter: https://twitter.com/harmonyprotocol
Telegram: https://t.me/harmony_one
Linkedin: https://www.linkedin.com/company/harmony-protocol/
White Paper: https://harmony.one/whitepaper
Writer : Serkan DERELİ
