Harmony (ONE) was launched in May 2019 through an initial exchange offering (IEO) on Binance Launchpad. It is a decentralized blockchain platform that provides tools and functionalities for creating, hosting, managing, and utilizing decentralized applications (Dapps) with high scalability and interoperability. Harmony operates on Ethereum and emphasizes data sharing and the development of marketplaces for fungible tokens and non-fungible assets. The platform employs sharding technology to enhance performance. How does ONE work and what are its key features? Harmony uses sharding to improve scalability and speed. Its unique distributed random sharding method divides the database into smaller sections called shards, reducing latency. This setup allows for fast, near-instant transactions and ...
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