Harmony

Category: Platform

About

Harmony​ builds an open marketplace at Google-scale for the decentralized economy. This project ​aims to provide a consensus protocol over the open Internet​ at 10 million transactions per second with 100-millisecond latency and at most 0.1% fee. Harmony’s goal is to be 1,000+ times faster and cheaper than Bitcoin and Ethereum. We are rebuilding the decentralized economy with 10x innovations in all components: transport network​ (Google’s UDP, Bloom tables, 5G mobile), consensus protocol​ (Byzantine committees, acyclic graphs, monopolist fees), and system tooling​ (unikernels, multi-core in Rust, zero-copy streaming). We believe communication is the key to the future of humans and machines to create in harmony. As the gateway for microtransactions​ or online business, our fee must be at most 0.1% of the transaction value to support new marketplaces of metered content or fractional work. As the infrastructure for the world’s data firehose​, our bandwidth must scale to 10M tx/sec to support data from supply chain IoT devices or energy grids. Yet, all of the above must settle agreements within 100 milliseconds to support instant reactions​ for autonomous robots or on-chain quotes in exchanges.

Social

Documents

Whitepaper

Milestones

  • 2018 April
    Validating OmniLedger protocol​ in Go sustains 10k tx/sec and adversarial attacks with 10k nodes; Completing legal setup and distribution model for tokens; Forming a team of 5 engineers​ and raising a seed round
  • 2018 July
    Opening public benchmarks for 10k nodes; Validating lock-free and allocator-free algorithms​ in Rust scale linearly on a 96-core unikernel on Amazon Cloud; Validating Google’s UDP​ sustains broadcast at 100ms latency with 10k nodes and saturated 10 Gbps links; Raising seed capital in an initial private token presale
  • 2018 October
    Opening public mining​ of Harmony tokens with testnet and token economics; Deploying to 10k devices​ for IoT, autonomous robots, supply chain operations; Raising final private token presale
  • 2019 January
    Deploying to 100k tx/sec for payments and financial institutions; Deploying to 100k nodes with 100k tx/sec​ and 1s latency; Supporting contracts, anti-pooling, multi-signatures, mobile clients

Team

Board of directors

Stephen Tse
Nicolas Burtey
COO
Alok Kothari
Co-Founder
Rongjian Lan
Co-Founder

Advisors

Georgios Fainekos

Team

Minh Doan
Nick White
Sahil Dewan
Leo Chen
Kunal Patel
Eileen Cao
Hakwan Lau
Ka-yuet Liu

ICO information

ICO starts (UTC)
TBA
ICO ends (UTC)
TBA
Whitelist
No
KYC
No
Product status
Other
Est. product launch
6 months
Main competitors
Not specified
Payments
Ethereum
Social media

Token information

Symbol
Not specified
Platform
Other
Unsold tokens
Not specified
Token lock time
Not specified
Soft cap
Not specified
Hard cap
Not specified
Circulating supply
4 200 000 000
Total supply
21 000 000 000
Max bonus/discount
Not specified
Token value
Not specified
Token issue
Not specified

Financial distribution

40% Technical development
20% community engagement, developer programs
15% Marketing, business development
10% Operations, equipment, cloud servers
10% Collaboration with academic research
5% Compliance, legal, finance

Ratings and reviews

TokenDesk rating
10.0
Reviewed and rated by
0 experts|0 members
Scanner
10
Scanner
10

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Harmony

Category: Platform
TokenDesk rating
10.0
Reviewed and rated by
0 experts|0 members
Scanner
10
Scanner
10
Platform
Other
Token
Not specified
Token value
Not specified
Hard cap
Not specified
Payments
Ethereum

Write a review

You must be logged in to write a review.