Harmony Fast, Efficient and Safe

in #cryptocurrency5 years ago

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WHAT IS IT?

It is a blockchain based on fragmentation, which allows us to scale linearly, allowing us to make multiple transactions per second unprecedented.

WHAT HAVE YOU ACHIEVED?

The team of Harmony has managed to produce several advances with great importance for the challenges that exist today in the most distributed book industry.

This blockchain is made up of a team of talented engineers with a high level of industry experience, who have come together to build something better.

-A fragmented system is the best way to guarantee speed and this equipment is the best example of such a system; Thanks to Harmony, the multiple needs of the DeFi industry can be maintained efficiently and safely at the same time.

Harmony offers us multiple benefits such as:

  • Security
  • Efficiency
  • Easy adaptation
  • Consistency, among others.

WHY IS IT FORMED?

This network is formed by two types of chains: a beacon chain that is the one that is responsible for generating random numbers that influence which validators are assigned to which fragments, and the multiple chains of fragments that are those that store the states of blockchain.

WHAT PROVIDES US?

The Harmony network has done its best to provide us with a well-secured network because when one era ends and a new one begins the fragmentation conditions change.

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PANGEA

WHAT IS IT?

It is a page whose purpose is that thousands of people interact and have fun with the Harmony network and at the same time earn rewards.

Pangea aims to test updates to the Harmony core protocol, and reward community members who help secure the Harmony network.

Harmony validators are chosen based on different participation tests.

As for networks, Harmony also proposes a series of ideas that offer improvements to deal with real-world network scenarios.

WHAT DOES IT USE?

Armony uses the RaptorQ source code that is responsible for combating certain problems. Each message is encoded in symbols, and these symbols are sent over the wire until the receiver recognizes the symbols it received. Unlike the use of fixed rate such as Reed-Solomon codes, where transmission normally fails once the symbols have been received.

In harmony, the process of consensus and sharding is composed of the concept of epochs. Each epoch is a certain period of time during this process the sharding structure is fixed and each fragment is executed continuously with the same set of validators.

Harmony uses a set of nodes to verify the transactions made in the block chains as the fragmented block chain is the first fragment is filled with trie which is the current state. Harmony to optimize the state synchronization process more and more, makes the blockchain state as small as possible by making transactions almost instantaneously.

WHAT DOES HARMONY ADOPT?

Harmony has also adopted a focus on fragmentation, which is driven by its simplicity and lack of customer load, using a Kademlia routing protocol that is responsible for reducing the complexity of communication.

Unlike other blockchains-sharding. Each fragment string contains its own statement, and all existing tokens are distributed throughout the fragment.

Harmony has been responsible for detecting the NAT mechanism behind which a node uses the right solution mechanism, such as STUN, IGDP, etc. In particular, harmony is responsible for implementing the mitigation of the general protocol called ICE.

• After a block commitment is successfully achieved, a defined protocol number of new cards are responsible for rewarding all validators who signed the block in proportion to their voting rights.

Harmony makes every effort to maximize the security of each block in its blockchain participation test through the maximization of this equation. Harmony instead is responsible for encouraging validators to maximize the weight of each block after a quorum has been successfully filled.

When there is high performance in blockchain, the size of blockchain data will increase much faster, which becomes a big problem for new validators to synchronize faster. Achieving so that the reshardin becomes a problematic process because if the new validators fail to synchronize in terms of time, then the validation quorum can be overcome by a new block that is approved, or even achieve that the quorum is met, the security whose protocol would be reduced.

USE CASES:

In games, for example Cryptokitties, which is a game that runs on the ethereun blockchain, its problem is that it congested the blockchain making the network very slow and the problem does not seem to improve as it will get worse over time, but with Harmony this problem is solved because with its blockchain it will not be necessary to worry about the network becoming slow since with its fragmentation chain this problem is solved.

CONCLUSION:

Harmony is the best and most recommended blockchain because it provides great speed without affecting security, it is composed of two types of chains: the beacon chain, and the multiple fragment chains. In addition, harmomy can be used in many new cryptocurrency and other dApps projects, thus being a blockchain with countless possible uses.

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