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13.7B ONE

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About Harmony

What is Harmony?

Harmony, also known as ONE, is a blockchain platform that strives to enable the development and utilization of decentralized applications (DApps). The network's primary emphasis is on random state sharding, a process that allows for the creation of blocks in a matter of seconds. Harmony's mainnet is designed with a focus on enhancing block creation by prioritizing processing speed and validation. The platform employs a unique version of the proof-of-stake (PoS) consensus, referred to as effective proof-of-stake (EPoS), which permits simultaneous staking from a large number of validators. This consensus method is intended to increase processing times and enhance scalability.

How does Harmony work?

Harmony functions through a process known as sharding, which significantly decreases node validation times. To safeguard nodes and ensure a secure validation process, Harmony utilizes the Verifiable Random Function (VRF) for unbiased and unpredictable shard membership. This implies that nodes and validators are randomly assigned and re-assigned. Harmony also operates a Grants program that aims to foster innovation and attract developers to the Harmony mainnet. The platform employs a unique version of the proof-of-stake (EPoS) consensus, which permits simultaneous staking from a large number of validators, thereby improving processing times and scalability.

What are the potential use cases for Harmony?

Harmony strives to cater to a broad spectrum of decentralized applications (DApps). The platform's emphasis on random state sharding and rapid processing times makes it a suitable choice for high-throughput applications such as gaming or decentralized exchanges. Harmony also aims to facilitate Internet-of-Things transactions, which necessitate quick and efficient processing. The platform's effective proof-of-stake (EPoS) consensus method allows for simultaneous staking from a large number of validators, making it a potential option for applications that demand a high degree of security and scalability.

What is the history of Harmony?

Harmony was established in 2017 by Stephen Tse, a Ph.D. graduate from the University of Pennsylvania with a specialization in cryptographic protocols and type theory. Prior to establishing Harmony, Dr. Tse had a successful career in the tech industry, serving as a senior engineer at Google and as a principal engineer for Apple. He also founded Spotsetter, a successful search engine that was later acquired by Apple. The Harmony founding team consists of twelve individuals, seven of whom previously worked at Google, Apple, Microsoft, and Amazon. Harmony (ONE) has a maximum supply of 12,600,000,000 tokens, with approximately 9,486,327,268 ONE in circulation as of February 2021.


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Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Harmony is on the rise this week.

The price of Harmony has risen by 15.44% in the past 7 days. The price increased by 3.71% in the last 24 hours. In just the past hour, the price grew by 0.75%. The current price is $0.0154 per ONE. Harmony is 95.96% below the all time high of $0.38.

The current circulating supply is 13,685,671,220.763 ONE.


What is the current price of Harmony?

We update our Harmony to USD currency in real-time. Get the live price of Harmony on Coinbase.

What is the market cap of Harmony?

The current market cap of Harmony is $210.28M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Harmony?

The all-time high of Harmony is $0.38. This all-time high is highest price paid for Harmony since it was launched.

What is the 24 hour trading volume of Harmony?

Over the last 24 hours, the trading volume of Harmony is $16.39M.

What other assets are similar to Harmony?

Assets that have a similar market cap to Harmony include WAX, Solar, BICONOMY (BICO), and many others. To see a full list, see our comparable market cap assets.

How many Harmony are there?

The current circulating supply of Harmony is 14 billion.

Can I buy Harmony on Coinbase?

No, Harmony is not currently available on Coinbase, but you can sign up to get the latest news on Harmony and be notified when it gets added to our exchange.

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