Please wait, we are loading chart data
The live Harmony price today is $0.153831 USD with a 24-hour trading volume of $188,938,397 USD. Harmony is up 2.34% in the last 24 hours. The current CoinMarketCap ranking is #80, with a live market cap of $1,446,676,454 USD. It has a circulating supply of 9,404,340,491 ONE coins and a max. supply of 12,600,000,000 ONE coins.
Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.
According to the project’s website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.
Stephen Tse is the founder and CEO of Harmony. He has a Ph.D. from the University of Pennsylvania, specializing in cryptographic protocols and type theory.
While finishing his degree, Dr. Tse became a research intern at Microsoft. In 2006 he started working as a senior engineer at Google, spending four years in the company. In 2011 he founded Spotsetter, a successful search engine which Apple later acquired. In 2014, Dr. Tse became the principal engineer for Apple.
He founded Harmony in 2017. The Harmony founding team comprises twelve people, with seven of them being former employees at Google, Apple, Microsoft, and Amazon.
Focusing on processing speed and validation, the Harmony mainnet aims to revolutionize block creation. By introducing the sharding process, the company reduced node validation times significantly.
To ensure the protection of nodes and secure the validation process, Harmony introduced the Verifiable Random Function (VRF) for unbiased and unpredictable shard membership. This means that nodes and validators are assigned and re-assigned in a randomized manner.
The project’s Harmony Grants program is an initiative that aims to support innovation and attract developers to the Harmony mainnet.
Read more about Plasma Finance.
Find out more about Loopring.
Learn more about DApps.
Have a look at the CoinMarketCap blog.
Harmony (ONE) has a maximum supply of 12,600,000,000 tokens. As of February 2021, the circulating supply on the market is about 9,486,327,268 ONE.
Out of the total supply of ONE tokens, 22.4% were dedicated to the initial seed sale. Another 12.5% were set aside for an additional Launchpad sale. The Harmony founding team and developers received 16.9% of the total supply. About 26.4% of ONE tokens were dedicated to protocol development, while another 21.8% were directed towards ecosystem development.
Harmony introduces a new version of the proof-of-stake (PoS) consensus. Called effective proof-of-stake (EPoS), this method allows simultaneous staking from hundreds of validators. This consensus method was developed in accordance with the sharding concept utilized in the Harmony network.
Unlike proof-of-work (PoW) consensus mechanisms, EPoS is designed for faster processing times and improved scalability. While PoW requires a lot of electrical and computing power, staking consensus methods rely on an abundance of value holders, who become validators.
Harmony is also looking to boost staking incentives to attract more node operators. The Harmony Open Staking initiative encourages interaction with the network and incentivizes stakeholders with the highest amount of ONE tokens.
Harmony (ONE) tokens can be purchased on most big exchanges, such as:
Read more about buying crypto.
|24h Low / 24h High|
|Volume / Market Cap||0.1306|
|Fully Diluted Market Cap||$1,938,267,051.62|
|Yesterday's Low / High|
|Yesterday's Open / Close|
|7d Low / 7d High|
|30d Low / 30d High|
|90d Low / 90d High|
|52 Week Low / 52 Week High|
All Time HighMar 29, 2021 (18 days ago)
All Time LowMar 13, 2020 (a year ago)
|Circulating Supply||9,404,340,491 ONE|
|Total Supply||12,997,296,491 ONE|
|Max Supply||12,600,000,000 ONE|