Harmony Price (ONE)
0.019 EUR 0.00 %

About Harmony

Harmony is a blockchain network focused on scalability, allowing its users the ability to make immediate transactions, with a 2-second finality and 100 times lower commission fees than Ethereum. This blockchain was designed by Stephen Tse to provide developers with an environment for creating and using scalable and efficient DApps.

The Harmony network introduced sharding or sharding to its protocol infrastructure, which allows it to significantly reduce validation times. Harmony also implements a verifiable random function, VRF, which ensures that the nodes that validate blocks in the network are chosen and assigned randomly.

Its ONE token is the utility and governance token of the blockchain network.

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