Crypto Almanac - Part 134 Beginners Guide

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Source. Crypto info.com

What is Harmony?
Harmony aims to offer a fast and open blockchain for decentralized applications.

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The protocol, according to the team, has achieved secure and random state sharding. Harmony Mainnet can reportedly support thousands of nodes in multiple shards, producing blocks in a few seconds with instant finality. Its staking mechanism reduces centralization while supporting stake delegation, reward compounding, and double-sign slashing. Harmony aims to build an open network of nodes operated and governed by a large community.