Harmony: Stephen Tse On ONE's Cosmic Potential π
12,487 Views · Posted 3 years ago
Harmonyβs open, decentralized network is enabled through the use of the native protocol token - Harmony ONE. The token incentivizes and rewards a variety of participants including developers, validators/stakers, investors, and community members who develop, secure and govern the network. In order to use the network, users pay a small transaction fee denominated in the native Harmony token.
Harmonyβs scalable, high-throughput protocol is powered by a native token which is used for various forms of payment and participation in the protocol (staking, transaction fees, voting & governance).
Harmony uses blockchain to align incentives of different stakeholders, developers and businesses while allowing them to build open marketplaces of fungible and non-fungible tokens and assets. Furthermore, the upcoming application of zero-knowledge proofs will allow Harmony to become a data sharing platform that can overcome the conflicting problem plaguing many information and data markets: that individual market participantsβ have mutual distrust to share data but strong desire to acquire data themselves.
In this interview Layah speaks with Harmony's founder, Stephen Tse. Stephen has been obsessed with protocols and compilers since high school. He reverse-engineered ICQ and X11 protocols, coded in OCaml for more than 15 years, and graduated with a doctoral degree in security protocols and compiler verification from the University of Pennsylvania.
#harmonyββ, #oneββ, #altcoinsββ, #ethββ, #scalingβ #Ethereumββββββ #Chainlinkββ #LINKββββ #bitcoinββββββ #VeChainβββββ #btcββββββββββββ ββββ #altcoinββββββββββ #investingββββββββββββββββββ #cryptocurrencyβββββββββββββββββββββ #cryptoββββββ #investββββββββββββββββββ #binanceββββββββββββββββββ ββ#newsββββββββββββββββββββββββββββββ #successββββββββββββββββββ #financeββββββββββββββββββ #entrepreneurββββββββββββββββββ #businessββββββββββββββββββ #marketββββββββββββββββββββββββ ββββββββββββββββββββ#stakingββββββ #NFTβββββ #NFTsβββββ #grayscale
Timestamps:
00:00 Introduction to Harmony ONE
00:56 What Is Harmony and What Are its Core Values?
01:30 How will Harmony solve the Blockchain 'Trilemma'?
02:18 What is Harmony doing Differently?
03:12 How does Staking Work on Harmony?
04:42 What are the Use Cases of ONE?
06:46 How does ONE Burning Work?
07:29 What is the Grant Program?
08:45 Any Plans to get into NFTs?
10:36 What else is in the Harmony Pipeline?
Harmony web site:
https://www.harmony.one/#Technology
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Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
Harmonyβs scalable, high-throughput protocol is powered by a native token which is used for various forms of payment and participation in the protocol (staking, transaction fees, voting & governance).
Harmony uses blockchain to align incentives of different stakeholders, developers and businesses while allowing them to build open marketplaces of fungible and non-fungible tokens and assets. Furthermore, the upcoming application of zero-knowledge proofs will allow Harmony to become a data sharing platform that can overcome the conflicting problem plaguing many information and data markets: that individual market participantsβ have mutual distrust to share data but strong desire to acquire data themselves.
In this interview Layah speaks with Harmony's founder, Stephen Tse. Stephen has been obsessed with protocols and compilers since high school. He reverse-engineered ICQ and X11 protocols, coded in OCaml for more than 15 years, and graduated with a doctoral degree in security protocols and compiler verification from the University of Pennsylvania.
#harmonyββ, #oneββ, #altcoinsββ, #ethββ, #scalingβ #Ethereumββββββ #Chainlinkββ #LINKββββ #bitcoinββββββ #VeChainβββββ #btcββββββββββββ ββββ #altcoinββββββββββ #investingββββββββββββββββββ #cryptocurrencyβββββββββββββββββββββ #cryptoββββββ #investββββββββββββββββββ #binanceββββββββββββββββββ ββ#newsββββββββββββββββββββββββββββββ #successββββββββββββββββββ #financeββββββββββββββββββ #entrepreneurββββββββββββββββββ #businessββββββββββββββββββ #marketββββββββββββββββββββββββ ββββββββββββββββββββ#stakingββββββ #NFTβββββ #NFTsβββββ #grayscale
Timestamps:
00:00 Introduction to Harmony ONE
00:56 What Is Harmony and What Are its Core Values?
01:30 How will Harmony solve the Blockchain 'Trilemma'?
02:18 What is Harmony doing Differently?
03:12 How does Staking Work on Harmony?
04:42 What are the Use Cases of ONE?
06:46 How does ONE Burning Work?
07:29 What is the Grant Program?
08:45 Any Plans to get into NFTs?
10:36 What else is in the Harmony Pipeline?
Harmony web site:
https://www.harmony.one/#Technology
π· ALTCOIN TRADING SIGNALS - https://t.me/AltcoinBuzzChat
π₯ TOP CRYPTO NEWS - https://www.altcoinbuzz.io
π FREE NEWSLETTER - http://eepurl.com/dnIEz1
πΆ TWITTER - https://twitter.com/altcoinbuzzio
π‘ FACEBOOK - https://www.facebook.com/altcoinbuzzio
Cryptocurrency And Bitcoin Visa Card - GET $25 FREE ON
βΊ CRYPTO.COM https://platinum.crypto.com/r/ab *Code is AB
Trade On Binance!
βΊ https://www.binance.com/en/register?ref=UAMKZ47P *Code is UAMKZ47P
CRYPTOCURRENCY MARKET PRICES AND DATA
βΊ COINGECKO https://gcko.io/altcoin-buzz
πΊ NOTE If you use the above referral links, we receive a commission at no additional cost to you.
Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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