We’re excited to announce that Harmony has joined the Messari Disclosures Registry. As a participating project, Harmony has committed to transparency by providing regular project disclosures and updates.
Harmony is an open-source blockchain for building decentralized applications (dApps). It uses a technique called state sharding, which separates a chain into segments that process transactions and store data in parallel, to support fast transactions. Harmony currently supports a thousand nodes across four shards, which work to produce new blocks every eight seconds with finality (no threat of a competing fork). The project has plans to add more shards and support more nodes in the future. The protocol's Effective Proof-of-Stake (EPoS) staking mechanism allows token owners to delegate their holdings to network validators but aims to reduce the centralization of delegated assets. Harmony has a native token, ONE, that owners can use to stake on the network in exchange for block rewards and pay for transactions.
Learn all about Harmony’s history, roadmap, team, token, launch, technology, security and governance on their Messari asset profile page. You can also learn more about Harmony at harmony.one.