A "unifying Web3 platform" will onboard 1 billion users by 2026, says Harmony...
COO at Harmony, Li Jiang, is convinced that a bridge connecting all major blockchains is the key to building the foundation of a decentralized internet. Li Jiang, COO at Harmony, believes that a bridge connecting all existing blockchains is key to onboard the first 1 billion users on Web 3. “We think that the future is multichain and cross-chain, that you should be able to move assets very easily from one chain to another, with good prices, with good rates and very fast.”, he told Cointelegraph in an exclusive interview. Harmony is a Layer-1 blockchain protocol that aims at creating....
Related News
Harmony (ONE) is a new blockchain network that is gaining traction as more developers and crypto investors become aware of its features. Is Harmony ONE a good investment?Investing is a very personal endeavor. Do your own research and try to stay on top of any advances in the Harmony ecosystem that might help it grow.Although there is still much to be done, the Harmony project has been considered a solution to poor scaling and interoperability and a useful foundation for DApp developers to scale their apps and transactions. Harmony aspires to be a top crypto network known for its speed and....
The Harmony protocol has been getting some flak since the company revealed a hard-fork plan that will generate approximately 5 billion of its native tokens to compensate the victims of the $100 million Horizon Bridge hack that occurred last month. Proposal for compensating those affected by the compromise of the Harmony Protocol cross-chain bridge has been […]
“Terra is excited to expand our growing portfolio of DeFi products to multiple chains and working with Harmony to bring UST and Anchor to another growing ecosystem,” said Do Kwon, co-founder and CEO of Terra. Terra, an algorithmic stablecoin platform for savings, investments and payments, is joining forces with the Harmony blockchain to pursue new DeFi initiatives focused on programmable money and other so-called financial primitives. Under the new partnership, which is described as a “deep integration” initiative, Terra will integrate Harmony on its Shuttle Bridge platform, a web....
Under the proposal, there would be either a 100% reimbursement via 4.97 billion new ONE tokens, or a 50% reimbursement with 2.48 billion ONE tokens. The team behind the Harmony blockchain project has proposed the minting of up to 4.97 billion worth of its native token ONE to compensate victims of the $100 million Horizon Bridge hack in June. The proposal has been met with a significant amount of backlash from members of the community, with many highlighting concerns that such a large issuance of new tokens would result in inflationary pressure on the asset and bring its value down. This....
Harmony price surged in February after adding a trustless Ethereum bridge to avoid high gas fees. Since the start of February, Harmony (ONE) has rallied by 230% and while the proof-of-stake smart contract platform benefited from Ethereum’s skyrocketing gas fees, the recent meteoric rise appears to be driven by more fundamental factors.Harmony (ONE), ATOM, SOL, NEAR, OMG at Binance. Source: TradingViewAlthough other scaling-focused solutions such as Cosmos (ATOM), Solana (SOL), NEAR, and OMG also rallied during the same time period, Harmony's performance stands out. Harmony is a sharding....