Categories: Altcoins

Harmony  ONE Mainnet Launch

Today, Harmony Just launched it’s long waited mainnet that will distribute block rewards for Harmony network participants. Everyday, roughly 1 million ONE tokens will be minted and distributed among the 600 initial nodes. This incentive structure is designed to radically reward those who are helping to bootstrap the Harmony network. took a bold step towards implementing the world’s first fully shared, proof of stake blockchain.

Harmony is a decentralized open infrastructure it’s aim to serve for 10B people in the future. Harmony builds a high-performance consensus platform that will enable decentralized economies for everyone.

Harmony uses consensus protocol uses design principles such as sharding and pipelining to parallelize transaction processing. This allows Harmony to effectively handle connection latency to scale with the size of our network.

Sying Tien

Professional Trader, Social media scholar and a Crypto expert. If you have any comments, suggestions or questions feel free to contact me at sying.tien@thecoinspost.com and i will get back to you shortly.

Recent Posts

Smart Contract Hacking Costs Ex-Engineer $12M and His Freedom

A former senior security engineer was sentenced to three years in prison for executing sophisticated… Read More

3 days ago

Craig Wright’s “Satoshi Nakamoto” Claim Debunked in UK Court Ruling

The mysterious identity of Satoshi Nakamoto, the inventor of Bitcoin, has been burning question… Read More

4 weeks ago

P2P NFT Trading Platform Faces Breach: Users Urged to Take Immediate Action

NFT Trader, peer-to-peer (P2P) trading platform, recently experienced a security breach leading to the… Read More

4 months ago

Fireblocks buys Australian blockchain start-up BlockFold

Fireblocks, the crypto company backed by Sequoia Capital and Coatue Management, has acquired BlockFold, a… Read More

7 months ago

Former IcomTech CEO Admits Guilt in Cryptocurrency Ponzi Scheme

In recent development, Marco Ochoa, the former CEO of IcomTech, has pleaded guilty to… Read More

7 months ago

Binance Announces Complete Exit from Russia, Selling Business to CommEX

In significant development for the cryptocurrency world, Binance, one of the leading global cryptocurrency… Read More

7 months ago