What is Harmony (ONE)? | Harmony ONE Crypto Explained in Under 60 Seconds

The Harmony Platform is a secure, energy efficient sharding based blockchain. Provides a scalable blockchain system for the decentralized economy. The Harmony token (ONE) powers the platform, and is used for staking, network fees and governance.

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Secure Sharding:
Transaction speeds are increased through Harmony’s secure sharding process, as node validation times are significantly reduced. Nodes are protected & the validation process is secured by the Verifiable Random Function (VRF), where the assignment of nodes and validators are randomized (unbiased).

Cross-Shard Transactions:
An atomic locking mechanism ensures the consistency of cross-shard transactions, which are transactions that require coordination from multiple shards.

Decentralized Applications (dAPPS):
Harmony enables advanced decentralized applications (dAPPS) such as DEX exchanges, interactive games and even new finance applications.

WEBSITE: https://www.harmony.one/