Harmony ONE

Harmony (ONE) is a decentralized blockchain platform that seeks to facilitate the creation and use of decentralized applications (Dapps). The platform is designed to be fully scalable without compromising decentralization and security.

The goal of the Harmony network is to completely facilitate data transfer and transaction confirmation at low cost and high speed.
At Harmony, they claim they want to solve the problem of slow transactions faced by Bitcoin, high fees for transactions faced by Ethereum.

They try to achieve this through a process called “sharding” (a process in which a large database is split into smaller units for easier processing). With the help of the sharding process, Harmony will enable faster production of blocks on its own chain.

The network has its own ONE token which is used as a means of payment and for various activities within the network such as payment of fees and use of coins as voting power for changes within the Harmony system.

At the moment of writing this text, there are around 10,689,952,756 ONE coins in circulation. The maximum amount of ONE coin is not available.

Harmony introduces a concept that will modernize the production of decentralised apps (Dapps). With the help of sharding mechanism and Proof-of-Stake protocol, the creation and usage of Dapps will be fast, scalable, and secure.

Harmony fees are among the lowest in the cryptocurrency industry ( every transaction costs less than a cent). Harmony has its own payment gateway that can save businesses or other users substantial sums on their transactions.

All transactions and fees within the network are powered by ONE coin. With ONE coin users will have an option to stake.  Also holding and staking ONE coin gives users the voting rights on the changes in the network.

Harmony ONE coin can’t be mined. The Harmony network is not using Proof-of-Work protocol, which is characteristic of a network like Bitcoin. Instead, Harmony uses Proof-of-Stake.
It is also called effective Proof-of-Stake, because it prevents top stakers from overtaking the network, and second, spicing up the bottom stakers.

Stephen Tse is the founder and CEO of Harmony. Harmony was founded in 2017.
Tse was previously working in companies like Microsoft, Google, and Apple.

On the Bitcoin Store platform, you can easily buy Harmony and more than 130 cryptocurrencies at the real-time exchange rate with the lowest fees.

First, you need to create and verify your account on the Bitcoin Store cryptocurrency trading platform to get full access.

After successful verification you can make a deposit (in HRK or EUR) to your Bitcoin Store Wallet.

Supported payment methods for deposit are:

Once we receive your payment, funds to purchase cryptocurrencies will be available on your Bitcoin Store Wallet and you can start purchasing cryptocurrencies.

On the Bitcoin Store platform, you can easily sell more than 130 cryptocurrencies from our offer at the current exchange rate.

You can instantly sell cryptocurrencies that are stored on your Bitcoin Store Wallet.

Cryptocurrency stored on personal wallets such as Exodus, TrustWallet, Ledger, Treasury, etc., or on various trading platforms must be transferred to your Bitcoin Store Wallet before selling.

Once the transfer is successful you can sell your cryptocurrency. You can withdraw the funds directly to your bank account or keep them on your Bitcoin Store Wallet and use them for future cryptocurrency purchases.

You can buy and sell cryptocurrencies for cash in Bitcoin Store exchange offices in Zagreb and Split.

Verifying your identity via ID card is not required for all transactions up to HRK 15.000,00

In the exchange office, you can also make a deposit in cash directly to your Bitcoin Store account. The amount you deposit will be visible immediately and ready for your next cryptocurrency purchase.

You can store Harmony in your digital wallet. When it comes to cryptocurrencies, digital wallets can be divided into 2 groups - Hot Wallets and Cold Wallets.

Hot wallets include:

Cold Wallets include:

You can also store ONE on your own Bitcoin Store Wallet. The access and storage of cryptocurrency are free for all users who register on the Bitcoin Store Platform.

On Bitcoin Store Wallet you can:

On 2022-07-04 the current Harmony price/exchange rate is 0.01633 EUR.