Harmony (ONE) Live Price in Rial and USD – Chart & Market Info

🔗 Introduction to Harmony (ONE)

Harmony is a layer-1 blockchain platform designed to build fast, scalable, and low-cost decentralized applications (dApps). Founded in 2018 by Stephen Tse and a team of former engineers from Google and Apple, it launched in 2019.

The native token, ONE, is used for transaction fees, staking, and participating in network governance. Harmony leverages advanced technologies like Secure Random Sharding and Effective Proof-of-Stake (EPoS) to ensure high speed and security.

Key Features

• Secure Random Sharding: Divides the network into smaller parts to enhance scalability and reduce latency.
• EPoS Consensus: A staking-based consensus mechanism focusing on decentralization and fair reward distribution.
• Low Transaction Fees: Suitable for consumer-focused applications and blockchain games.
• Smart Contract Support: Compatible with Ethereum Virtual Machine (EVM) for easier dApp development.

Use Cases of ONE Token

• Transaction Fees: Used to pay for transaction and storage fees on the network.
• Staking: Participate in securing the network through staking and earn rewards.
• Governance: Vote on network improvement proposals and significant decisions.

Harmony focuses on scalability, speed, and security, providing a suitable environment for developing decentralized applications and expanding its ecosystem in DeFi, NFTs, and Web3 domains.