What Is Harmony?

Harmony aims to offer a fast and open blockchain for decentralized applications. Harmony’s production mainnet supports 4 shards of 1000 nodes, producing blocks in 2 seconds with finality.Harmony’s Proof-of-Stake (EPoS) reduces centralization while supporting stake delegation, reward compounding and double-sign slashing.Harmony (ONE) is one of the latest projects that is trying to tackle the issue of blockchain scalability, using a “full-stack” approach, Harmony is developing a sharding based blockchain that is not only scalable but provably secure, and energy efficient. The protocol, according to the team, has achieved secure and random state sharding. Harmony Mainnet can reportedly support thousands of nodes in multiple shards, producing blocks in a few seconds with instant finality. Its staking mechanism reduces centralization while supporting stake delegation, reward compounding, and double-sign slashing. Harmony aims to build an open network of nodes operated and governed by a large community.