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Harmony (1): recent development, community, future events
- In 2021, harmonious Exceeding the expectations of the community through innovative products and services.
- Developments in line with route map The project is called “Expanded Cross-chain Finance”, and so far, the project is worthy of its name.
- The project started Crazy One Provide users with personalized subdomains, which is also an irreplaceable token
- As the project reaches enviable heights, new partnerships have been established, and hackathons are also in preparation.
Harmony was launched in 2019 to provide cutting-edge solutions to improve blockchain technology. The platform achieves this by using random state sharding to improve the development of decentralized applications.
For Harmony, with the announcement of its roadmap, this year has started well, setting expectations for the rest of the year. Recently, the launch of Crazy.ONE and the release of Validator DAO have been widely praised by the community.
Recent development
Last month proved to be an unforgettable month for Harmony, overwhelmed by the launch and announcement of several high-profile projects. One of the most notable is Crazy.ONE, which was launched on May 11, which provides users with a personalized subdomain, which is also an NFT and can be fully linked to their ONE wallet.
This product is a way for Harmony to generate revenue. More than 1,000 subdomains have been purchased so far, and the proceeds will be used in the community DAO wallet.
Another noteworthy achievement is the launch of the validator DAO, marking it as the first in a long list of DAOs planned by the Harmony Foundation.
Four (4) million one-to-one tokens are designated by the foundation, and the DAO will be compiled by the first five election validator committees, who should draw up management documents.
In terms of business relations, Harmony announced the establishment of partnerships with Injective, Knit Finance, Webb and Gnosis Safe, the latter will greatly improve the performance of private transactions and multi-signature wallets.
What is the future Persevere in harmony?
The community around Harmony is excited about its planned development for the future. Although the Validator DAO has been launched, more DAOs will be launched in the next 6 months to improve the decentralization of the network.
The community is waiting for the end of “Harmony ONE Love Hackathon – Round 2” launched on May 25th. 425 developers participated, and their conclusions will see the distribution of more than 300,000 USD in bonuses.
In terms of infrastructure, Harmony is improving interoperability by using bridges. Bridge provides speed and gas efficiency, while also being able to work effectively on proof-of-work and proof-of-stake platforms. At the same time, Bridge can be used in conjunction with Bitcoin-based assets, such as and.
on the other hand
- After a large-scale price run Harmonious one, The developers of Ethereum claim it Violated Software license.
- Developer Peter Szilagyi emphasized that “go-ethereum code is licensed under LGPLv3”, so Harmony should delete All copyrighted material.
Harmony-a quick tour
Harmony aims to improve the creation and use of DApps. The function of this network is loved by users because it runs Ethereum applications with 2 seconds of transaction certainty and a cheaper way. The project was founded by Stephen Tse, using sharding technology to create blocks in a few seconds.
At the time of writing, Harmony was trading at $0.0610 and hit an all-time high of $0.2233 three months ago. The market capitalization is US$620 million and the transaction volume in the past 24 hours is US$29.5 million. The circulating supply is approximately 10.2 billion ONE, and the maximum supply is fixed at 12.6 billion.
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