What is Harmony (ONE)? Things to know about the latest ONE coin 2020

Harmony (ONE), a blockchain with the ambition of being born to meet the application and development needs of 5G and IoT technology in the future.

So…

  • What is Harmony? What is ONE coin?
  • Should I invest virtual currency ONE?
  • Buy and sell coin ONE Where is the reputation?
  • ONE Wallet Which should be used?

If you are looking to find out Harmony and potential ONE coin investment then this article is for you.

What are you waiting for, let’s start the article!

Maybe you are interested: What is Bitcoin? Bitcoin investment guide for beginners?

What is Harmony?

Harmony is a blockchain platform with extremely fast transaction speed (10 million transactions per second) but still ensures security, decentralization and peer-to-peer (P2P).

Built and developed by a 12-person team of 7 engineers from Google, Apple, Amazon and 2 Ph.

Purpose Harmony is to help businesses build a fair economic ecosystem based on tokens, applying zero-knowledge technology and ensuring user privacy.

Many industries and fields can apply Harmony. From real estate and energy to advertising and credit

Features and Features of Harmony

To achieve the stated goal, Harmony has outstanding features and features such as strong scalability and deep application of the solution Sharding.

Besides Harmony Also featured:

  • BLS (Boneh-Lynn-Shacham) multi-signature application consensus protocol for high scalability.
  • Ensure decentralization with VDF (Verifiable Delay Function).
  • Application Proof-of-Stake Adapted for strong network security.

Maybe you are interested: What is Proof of Stake (POS)? How to mine and mine POS . coins

Advantages of Harmony

Harmony think not only about dealing with throughput performance (transactions per second), but also about quantity node participate in the decentralized blockchain network. Harmony is taking an approach to adopt innovations in networks, systems and algorithms in the fastest way.

The infrastructure of Harmony can enable different types of decentralized applications and markets, requiring high throughput and decentralization. From the gaming sector, to the decentralized exchange that powers the AI ​​(artificial intelligence) data array.

Harmony token – what is ONE coin?

ONE is the base currency of the blockchain Harmony. Like the base coins of other blockchain platforms, ONE play an important role in any economic ecosystem that develops on Harmony.

At first, when it was released on Binance Launchpad, ONE operates under the BEP2 token standard of Binance Chain. But now Harmony Accomplished mainnet Candlestick ONE operate and transact on its own blockchain network Harmony.

You may be interested: What is Binance Chain? Learn more about Binance Chain

Basic parameters of ONE coin:

Token Signing ONE
Main Blockchain Harmony
Total supply of tokens 12,600,000,000 ONE
Total tokens in circulation 4,596,807,869 ONE

NSMr. ONE used to pay transaction fees, participate in staking and pay rewards to participants staking Harmony (ONE).

Allocate ONE

phan-bo-one
ONE . ​​coin allocation rate

ONE coin release schedule

one-on-one

How to mine ONE

Do Harmony using the consensus protocol is PoS, so you can’t mine ONE like you can mine Bitcoin.

However, you can completely participate in staking Harmony to receive a reward of ONE newly created (block reward).

Should invest in Harmony (ONE) or not?

Attention: no investment is 100% safe and every decision carries risk. In any case, it’s up to you to decide. However, here is some useful information that can impact your return on ONE investment.

Harmony Development Team

Members of the development team Harmony has built systems at the largest scale in the world’s leading technology companies. The team worked on interesting projects at Google Maps, Apple Siri.

Besides the platform Harmony range from AI and Machine Learning (ML), to blockchain, VR. Together, the development team is committed to creating a new global-scale infrastructure by applying each member’s deep understanding to the consensus protocol and system engine.

The leaders of the group are all prominent names and have proven abilities such as:

  • Stephen Tse (CEO): Google engineer, founder of Spotsetter (acquired by Apple), Dr. UPenn CS.
  • Nicolas Burtey (COO): Founder of VR startup with an investment of up to 10 million USD.
  • Mo Dong (Co-Founder): Experienced researcher and engineer in network protocol design, distributed systems, Game Theory for the scalability challenges of blockchain systems. Received an innovative application award for Internet2 and is being accepted by major service providers.

It seems that the team is on the right track now that the 2019 development roadmap has been completed as planned.

The future of ONE

Goals of the development team Harmony very ambitious when they want to develop a platform where they can handle 10 million transactions per second. Enough power and infrastructure to serve 10 billion people, with 100 billion devices in the future.

When the need to use blockchain Harmony increasing then ONE definitely benefit the most.

However, there is one point you should note that the total supply ONE up to 12.6 billion but there are no plans to cancel the coin in the future to reduce supply. This will partly affect the prospect of strong price increases in the future.

Price ONE

At the time of being sold on Binance Launchpad, price ONE is fixed at 0.0065 USD. Experiencing many ups and downs, there are times price ONE reached 0.030689 USD, the highest price ever of ONE.

family-harmony-one

However, after a massive multi-day drop in the cryptocurrency market, price ONE currently has fallen deeply to touch $0.001701 level. Close to touching ONE’s all-time low, $0.001257.

Where to buy and sell ONE coin?

At the present time, investing in cryptocurrencies as well as buying and selling cryptocurrencies has become much more popular. It is considered one of the most popular ways to make money online. That’s why, the buy ONE, sell ONE has also become much simpler.

In this article, I will introduce to you the 2 most popular and simple ways to buy and sell at the moment.

Buy ONE with VND

Currently, there are many exchanges that support cryptocurrency trading in VND, but separately buy ONE For prestige, I think the best currently is the Bitmoon exchange.

See more articles: What is Bitmoon? Bitmoon Exchange Basic Guide for Newbies 2020

The advantage of Bitmoon is low fees, high liquidity, support for many coins and can store coins right on the exchange. Besides, Bitmoon has been operating for a relatively long time and the reputation level is guaranteed.

Bitmoon has high liquidity and reputation, so I believe that for basic trading needs, cash out in VND, Bitmoon is enough to apply.

International prestigious ONE trading floor

The advantage of all international exchanges is that they support many types of coins, besides also supporting other forms of trading such as Margin, Futures.

For those of you who have traded a lot and have experience, you can use and trade regularly on international markets.

Below is the floor name and transaction fee comparison table for your reference.

If you want to learn about which floor, you can click on that floor’s name in the table, there will be a detailed article on that floor.

Exchanges Transaction fee
Binance 0.015-0.100%
Houbi 0.070-0.20%
Kucoin 0.080 – 0.100%

Although the international exchange has the advantage of trading volume as well as high liquidity, the disadvantage is that you cannot trade in VND. Almost every transaction buy and sell ONE All of you use USDT for transactions.

Create a Harmony (ONE) wallet

Currently, depending on usage needs and ONE coin investment your wallet that you will choose for yourself the appropriate wallet.

The best choice for this wallet is Trust Wallet, with a friendly and easy-to-use interface.

Maybe you are interested: What is Trust Wallet? How to create a Trust Wallet and use details

This wallet is suitable for those of you who often buy and sell ONE optimized for trading.

Some reputable exchanges that you can refer to are: Binance exchange, Bitmoon exchange, …

Conclude

This article has summarized the most basic information you need to know about Harmony and ONE. With this article, I hope that readers can grasp some of its investment potential.

Although it will take some time to read the entire article, I hope that your time will not be wasted.

If you find the article interesting and useful, do not hesitate to share it with your friends.

Good luck!

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