Crypto News

Harmony United staking and sharding

Harmony has upgraded its network, becoming the first bloccano, successfully combining sharding and staking.

Now network users can place their tokens to support network operations and to receive remuneration for their contributions. According to the developers, stakery can expect a high annual yield from 45% to 15%. Harmony strives to achieve a balance between big and small bets. The network limits the rewards to those users who have the highest rate, and increases the reward for those who have a relatively small amount.

Due to the innovation of a transaction for Harmony are calculated for 8 seconds and costs just $ 0.000 – 001.

The Harmony network consists of more than 320 public node, Harmony and plans to increase this number to over 1000 by the end of the year.

Now that the main work on the combination mechanism консенсусаProof-of-Stake and the sharding is complete, Harmony will switch to the solution potentially more complex problems and allow to test new network of developers in the Ethereum ecosystem. The management also plans a complete set of grants to developers to encourage them to develop innovations on the blockchain Harmony.


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