Harmony is not quite a project. Indeed, the Harmony crypto does deep sharding with innovations on the protocol and the Blockchain. The main goal of the team is to help companies create markets for fungible tokens and non-fungible assets. It is therefore a fully secure high-speed Blockchain.
What is Harmony?
Harmony has developed a very innovative consensus protocol. You should know that the Blockchain is always governed by a consensus. However, the protocol obviously has an impact on the speed and efficiency of the decentralized network. Some protocols are based on proof of stake, others on proof of work. But the Harmony protocol will be based on shareding and pipelining. Thanks to them, connection latency is reduced, and the network can grow faster and more efficiently. Not to mention that the protocol is much more stable over the long term. Block propagation is much more optimized thanks to RaptorQ code. Their mainnet runs Ethereum applications with a 2 second final transaction and 100 times lower fees. Their secure bridges offer cross-chain asset transfers with Ethereum, Binance, and 3 other chains.
Useful for users?
Harmony bridges can connect any proof of work and proof of stake chain. Currently, their bridges for Ethereum and Binance Smart Chain secure tens of millions of cross-chain assets. Users can continue to use MetaMask or Ledger, but now pay a nominal fee. Any Ethereum wallet or portals can run on Harmony without code changes or new installations.
You can invest in the Harmony (ONE) project on these platforms: