Harmony One: Blockchain for Decentralized Economies

arsenalx420 (6)in #blockchain • 5 years ago

Introduction
As we know, the development of digital platform from time by time and obviously were experiencing the incredible accelerations. services and features that were produced are always more sophisticated and advanced than the previous version development. Is this reasonable? Of courseWe are in an acceleration age nowadays where the world and technology are changing rapidly, this circumstance is due to the development of such technology massively for many purposes that aim to solve the problems. In the current era, almost there aren't the problems which can not be solved with the assistance of technology, these things are very different if compare than the previous few decades ago, we fell the situation where the movement and development of any sector in the world run slowly.

We are at the point where the principle of centralization ecosystem will be replaced with decentralization ecosystem. we are already familiar with blockchain technology that running on in decentralization platform. soon or later it will become to be a part of human life . and it was already running on that track. the blockchain technology allows us to do many great things using this technology. In today's big business we can say that Harmony is real diamond.

ABOUT THE HARMONY_ONE !!!!
Harmony .one is a robust blockchain that is built with the model world class tool as low fee consensus platform and with low latency to create a friendly decentralized economic of the future for the global community. The harmony protocol is a first of its kind in the blockchain history since it uses a deep sharding technology to revolutionize high throughput for every transaction made which make the ease of doing businesses on the crypto industry and as result of this technology there will be mass adoption of crypto asset on the mainstream .thanks to the great team that brought this innovative ideas.

After much research has be done by harmony team is now show case that the consensus protocol can effectively parallelize transaction processes which it competitor where not able to solve in time past such as ziliqa, Eos and the rest of the blockchain counterpart. Moreover unlike the Zilliqa that share network communication and verification, the harmony protocol does same thing but add a unique design by unveiling blockchain status.

The consensus algorithm that was implemented by the harmony DEV of expert helps to make the connection latency more effective this helps to growth network and makes it healthy for fast and secure transaction in the crypto space.

Technologies used in Harmony:

Own programming language of Smart-contracts Min. This programming language provides a higher *
degree of code reliability.
Use of 5G mobile networks.
Google UDP QUIC-Internet Protocol, Google development. Working faster than the TCP protocol.
Use of effective and rapid consensus: PoS.
The Harmony team develops a compact core designed for specific tasks, so that the use of the Protocol has increased performance and safety of the used technical facilities
For the harmonious parallelization of transaction processing, Harmony successfully uses the principles of design (segmentation and pipelination).
Use of the Omniledger protocol. Harmony is based on Omniledger, a protocol that scales as the number of nodes in the network increases. Omniledger shows the performance of 10K TX/sec.

Who's Harmony made for???? ??
Who should use Harmony? Why they have to use it? Based on the idea, then anyone or anything which requires high-throughput, trustless validation and scalable blockchain infrastructure should try this. For example, an e-commerce platform can use this. Instead of relying on a centralized database to store user data such as transaction, they can use Harmony as the infrastructure to store user data and at the same time use it as their payment channel. It would help them saves their operational cost.
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Gaming dapps, where you need fast connectivity and high throughput can also use Harmony to empower their ecosystem. Any transactions (in-game transactions, payment, etc) should be transparent and get processed quickly. The supply chain industry can also use Harmony ecosystem as its backbone to track delivery on-chain. No need to spend thousands of dollars to build your own database to track the delivery which is prone to corruption or latency error.

Conclusion
Harmony is already functioning, the source code is freely available. The test network has been launched, and the mainnet is planned to be launched in Q2 2019. It can be seen that the team is really working on the product, and not just writing beautiful fairy tales in white paper. In the last test we managed to reach a speed of 114 000 TPS. This figure justifies the positioning of the company as an infrastructure for 10 billion people. In the future, this decentralized and fast network with minimal commissions can be used in absolutely all sectors, including the economy, education and medicine.
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