Harmony is an open infrastructure for 10B people in the future

Hi all in this article I want to introduce a new project from Harmonyone. and I will explain a little about this project, and let's continue ....

Blockchain is an undeniable intelligent discovery - the idea of someone or a group of people known as a pseudonym, Satoshi Nakamoto. But since then, it has developed into something bigger,

The Blockchain technology is a central part of the Harmony project, because the team aims to build a high-performance platform infrastructure that can be scaled.

Harmony is a high-volume blockchain project that aims to turn the world into an open market and support the economy of decentralization that will come by operating at a very high level. The Harmony Group aims to provide consensus protocols through open internet, which can facilitate 10 million transactions per second (TPS) with a delay of 100 milliseconds and a maximum cost of 0.1%.

Harmony is an open infrastructure for 10B people in the future. Harmony builds a high-performance consensus platform that will enable a decentralized economy for everyone.

Our technology
We believe scalability requires optimization across multiple layers. Our full stack approach applies 10x innovations in networks, systems and consensus algorithms.

Protocol Consensus Protocol
Our consensus is to use design principles such as sharding and pipelining to parallel transaction processing. This allows us to effectively handle connection latency and allow our throughput to scale to the size of our network.

System
We are developing a lean kernel specifically for missions to run our protocol with improved CPU performance and security. This will also allow wider devices to participate in consensus for a more decentralized network.

Network
We implement network engineering techniques for smarter message propagation and faster consensus formation. Understanding the network topology allows us to run a very concurrent protocol.

Harmony for One and All
After working in some of the best technology companies, we together solved the most interesting technical problems. We share an entrepreneurial spirit, and hunger to create important solutions.

Our mission is to bring open consensus to 10 billion people. This is something that we will tell our grandchildren, and we want to have fun making it happen

Feature

Infrastructure is open to world data
Global scale market platform
Activate a decentralized economy and cannot be trusted

The team aims to build platforms that operate significantly faster and cheaper than Bitcoin and Ethereum, and can operate on the same scale as Google. Therefore, they were formed to rebuild a decentralized economy by focusing on and innovating several key components, including:

Traffic network - UDP table, Bloom from Google, 5G mobile.
Consensus Protocol - Byzantine commissions, acyclic charts, exclusive fees.
System tools - Unikern, multi-core in Rust, transmits without copying.

The group released a public Github page with an MIT open source license. The Min development (Harmony's exclusive programming language) can be seen, the security verification programming language eliminates the general dependency of library or system tools. Current compilers manually bootstraps under x86-64 instructions and development support on MacOS. This group also states that Min is compiled into a Java VM without third party tools in unpublished repos.

In addition, the group is scheduled to confirm that the OmniLedger protocol on Go can maintain 10,000 shots and detrimental attacks with 10,0000 nodes in the second quarter of 2018. They are also scheduled to advance. with the formation of a team of 5 engineers and money guarantees through a seed loop. The project is currently recruiting new engineers and seems to have received a $ 18 million grant so that everything seems to go according to plan.

Two additional validation benchmarks have been set for the third quarter. This group verifies that the algorithm is not locked and distributed in Rust linearly on a 96-core kernel on Amazon Cloud and that Google UDP maintains broadcast 100 ms latency with 10,000 nodes and 10 Gbps saturation links. After completion, the group is also scheduled to open a public benchmark of up to 10,000 nodes in the third quarter of this year.

Space in the market & competitive landscape
Harmony seeks to provide a high potential blockchain infrastructure to expand and handle high-speed transactions at low costs. As a result, the project faces competition from platforms that try to do the same things like EOS, Cardano, Hashgraph and Zilliqa. There are also high-performance Blockchain projects, Dfinity and Seele are facing similar problems and Harmony is entering a fairly crowded field that will only continue to attract participants. The team claims that the ability to implement and improve systems that exist effectively such as OmniLedger will help them gain a competitive advantage over competitors. They often strive to master proven innovations in practice and focus on key components of transportation networks, consensus protocols and system tools.

Price of competitor:

EOS, worth $ 14 billion.
Zilliqa, worth 700 million dollars.
Hashgraph, an increase of $ 300 million.
Thunder, worth $ 100 million.
Dfality, an increase of $ 100 million.
Kadena, has made 12 million dollars.
Algorand, has collected 4 million dollars

Our mission is to bring open consensus to 10 billion people. This is something that we will tell our grandchildren, and we want to have fun making it happen.

Sales Tokens
Minimum / Maximum Amount to Increase

Information will be announced.

Sales & floating: 20% tokens (40% without locking, 10% every month for 6 months; for bonuses, 100% released after 1 year locking)

$ 0M - $? M: 40% bonus, round seed
$? M - $? M: 20% bonus, initial personal sales
$? M - $? M: 0% bonus, final sale (public or private)

Budget allocation

Sales & floating: 20% tokens
Developers & communities: 40% tokens (28% 1 year locking, 1.5% every month for 4 years) - Open benchmark, mining, airdrops
Foundations & research: 28% tokens (28% without locking, 1.0% monthly for 6 years - Reviewing publications, research funds,
Founder & reserve team: 12% tokens (locking 28% a year, 2% every month for 3 years)

Sold-Saved Token-Ratio
Investors in this project will only be allocated 20% of all tokens on the low side. However, the community will share up to 40% of all tokens available with the project developer which means that there may be additional ways to get tokens by participating in the project. Foundations and teams allocate around 40% which illustrates that the team aims to exercise significant control over the project. Potential potential sales participants also need to know what percentage of the tokens sold will be available to private sales participants.

Quality of Campaign Strategy
The team is scheduled to collect the initial round of funding in Q2 2018, and they are currently in the process of getting additional funds through personal sales. The details are unknown because the hard cap is still not confirmed. It's hard to know exactly how long personal sales will occur and how the team will carry out their campaign strategy after the date crowdsale is confirmed.

Token Details

Symbol Token: TBACrowdsale Token Price: TBA
Hard Cap: TBA
Maximum market capitalization at the ICO is based on full dilution: TBA
Total Tokens For Sale: 4,200,000,000 (20% of Total Supply)
Date of Sales Token: TBA

Roadmap

Based on the data and facts seen, Harmony is very good for reviewing and investing. This is based on reality for now, many projects are not good, and makes everyone who invests many questions about their certainty and truth, so if you want to invest in this project, then join this project immediately and see detailed information below:

Website: https://harmony.one/
Whitepaper: https://twitter.com/harmonyprotocol/status/1092543532513062912
Twitter: https://twitter.com/PcorePCC
Telegram: https://t.me/harmony_one
LinkedIn: https://www.linkedin.com/company/harmony-protocol/

Author: Mikdad1018
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2343017