Harmony Ecosystem
Harmony is an open blockchain with data sharding and fast finality. Read more
Market Cap
Projects
Ecosystem Backers
Projects
Category
Tether
USDT is a fiat-collateralized stablecoin pegged to the US Dollar issued by TetherUS.
ChainLink
ChainLink is a decentralized oracle network.
The Graph
The Graph is a protocol for building decentralized applications quickly on Ethereum and IPFS using GraphQL.
Harmony
Harmony is an open and fast blockchain designed to facilitate the creation and use of decentralized applications.
Dai
DAI is a collateral-backed stablecoin pegged to the US dollar issued by MakerDAO.
Ninety Eight
Coin98 is a non-custodial crypto wallet service and suite of DeFi products.
Sushi
Sushi is a multi-chain AMM DEX with cross-chain functionality.
SubQuery Network
SubQuery is a blockchain developer toolkit.
Frax Finance
Frax Finance is a DeFi stablecoin infrastructure on Ethereum Virtual Machine.
Synapse
Synapse is a cross-chain liquidity layer on Ethereum Virtual Machine.
OpenOcean
OpenOcean is a cross-chain DEX aggregator on Ethereum Virtual Machine.
MATH
Math Wallet is a multi-chain crypto wallet.
RedStone
RedStone is a modular oracles for DeFi.
Frontier
Frontier is a non-custodial wallet to store, stake, swap, bridge.
Lossless Protocol
Lossless is a platform providing exploit identification and mitigation tools.
USDS
USDS is a collateral-backed stablecoin pegged to the US dollar issued by Sky protocol.
Dune
Dune is a tool for blockchain research.
Beefy
Beefy.Finance is a cross-chain yield optimizer.
DeFi Kingdoms
DeFi Kingdoms is a game, a DEX, a liquidity pool opportunity, and a market of rare utility-driven NFTs.
Hot Cross
Hot Cross is a multi-chain tool suite created for both blockchain teams and their communities.
XP.NETWORK
XP.Network is a NFT bridge connecting EVM and non-EVM blockchains.
Rabby Wallet
Rabby is an open source non-custodial crypto wallet for EVM chains built by the DeBank team.
Blockscout
Blockscout is a full-featured open-source tool for exploring, confirming, and inspecting transactions on more than 600 blockchain networks.
Footprint Analytics
Footprint Analytics is an all-in-one analysis platform.
Elk Finance
Elk Finance is a decentralized network for cross-chain liquidity.
Wrapped One
WONE is wrapped Harmony ONE, an HRC-20 fungible token minted on Harmony.
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What is Harmony Ecosystem?
Harmony (ONE) was launched in May 2019 as part of an initial exchange offering (IEO) on the Binance Launchpad. It is a decentralized blockchain-based platform that offers tools and functionalities for creating, hosting, managing, and using Dapps with maximum scalability and interoperability.
Harmony is hosted on Ethereum and focuses on data sharing and the creation of marketplaces of fungible tokens and non-fungible assets. The platform uses sharding to achieve its goals.
What are ONE key features and how does it work?
Harmony makes use of sharding to achieve its improved scalability and speed. The sharding technology deployed on Harmony differs somewhat from similar blockchains as it uses a distributed random sharding approach.
Distributed random sharding means that the network splits the database into smaller sections, called shards, thus reducing latency. In this manner, sharding enables fast and near-instant transactions, whilst also preventing network congestion. The platform benefits from increasing the number of shards on it, as a transaction can be managed by more units at once, and therefore more rapidly. It differs from other sharding methods, as on Harmony, it depends on its own version of the Proof-of-Stake consensus mechanism, which itself is based on the procedure known as distributed randomness generation. This is the Fast Byzantine Fault Tolerance (FBFT) mechanism. FBFT works by processing transactions in parallel. This combination enables security, scalability, and simple and easy verification.
ONE is the native crypto of the Harmony network. ONE can be used to pay for various services and operations on the network, including paying for storage. ONE is also used in the network’s governance, whereby holders are entitled to participate.
What is noteworthy about Harmony?
Harmony also offers block generation time that takes no more than a second, facilitating near-instant transactions with the ability to process higher transition throughputs than Ethereum or similar networks.
Where can you buy ONE?
Harmony’s token, ONE, can be bought on any of the exchanges listed here.