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Difference between revisions of "Harmony"

Harmony (view source)

Revision as of 03:33, 24 April 2022

438 bytes removed ,  03:33, 24 April 2022
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→‎Pangaea (Harmony Nodes): pangea was an initiative to get the validator community going, but it's not ongoing from what i can tell. we could add info regarding pangea, but unsure of importance and the previous info about it made it seem like it was.
m (cut some redundancies out and tried to limit any shill-like language, more on this article that needs changed. edited some headings + added source)
m (→‎Pangaea (Harmony Nodes): pangea was an initiative to get the validator community going, but it's not ongoing from what i can tell. we could add info regarding pangea, but unsure of importance and the previous info about it made it seem like it was.)
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Harmony is a layer-1 blockchain using sharding and Effective Proof of Stake to achieve scalability, security, and decentralization. The network was founded in 2018 by Stephen Tse with a mainnet launch in 2019.  
Harmony is a layer-1 blockchain using sharding and Effective Proof of Stake to achieve scalability, security, and decentralization. The network was founded in 2018 by Stephen Tse with a mainnet launch in 2019.  
== Pangaea (Harmony Nodes) ==
Harmony aims to build an open network of nodes operated and governed by a large community. This node community is called Pangaea.  At time of writing there are now 1,000 Harmony nodes,  800 of them run by the community.  Pangaea consists of volunteers and validators from more than 100 countries and most of them have never run a node before.


== Innovations <ref>'''Harmony Forums'''
== Innovations <ref>'''Harmony Forums'''
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==== Staking ====
==== Staking ====
Harmony is a Proof-of-Stake blockchain. Validator wallets are funded with 10,001 ONE<ref>https://docs.harmony.one/home/network/validators/creating-a-validator</ref>. ONE token holders are also able to delegate their ONE tokens to existing validators to participate in the staking process. The more ONE token staked, the more secure the network becomes. Elected validators who successfully sign blocks will receive block rewards in ONE tokens as compensation for their services.
Harmony is a Proof-of-Stake blockchain. Validator wallets are funded with 10,001 ONE<ref>https://docs.harmony.one/home/network/validators/creating-a-validator</ref>. ONE token holders are also able to delegate their ONE tokens to existing validators to participate in the staking process. Elected validators who successfully sign blocks will receive block rewards in ONE tokens as compensation for their services.


==== Governance ====
==== Governance ====
Moleman
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