What is Harmony (ONE)?

Harmony (ONE) is a blockchain platform engineered for the development and use of decentralized applications (dApps).
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What is Harmony (ONE)?

Harmony aims to address the issues plaguing more traditional blockchains by a combination of bleeding edge research, and brilliant engineering.

Harmony provides a high-throughput, low-latency and low-fee consensus platform designed to power the decentralized economy of the future.
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Cross-chain Integrations

Harmony has already built cross-chain Ethereum and Binance Smart Chain bridges, but has plans to connect other networks in future. This allows the exchange of crypto assets (including but not limited to fungible/non-fungible tokens, and stablecoins) to be seamlessly swapped between chains on the fly.

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Marketplaces

Harmony is assisting businesses in developing marketplaces for various tokens, such as fungible loyalty points or energy credits, as well as non-fungible assets such as artwork or in-game digital assets. This opens up the Harmony ecosystem for users to buy, sell, or trade across tokens in a convenient manner.

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Zero Knowledge Proofs

Harmony uses zero knowledge proofs - a cryptographic construct which allows one to prove the validity of a statement without revealing anything about it. As an example, you could ask a friend, which of you has more money? A zero knowledge proof would allow you to confirm the answer, without revealing how much wealth either of you actually had.

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Staking

The ONE token can be staked or locked up in the Harmony ecosystem, which allows holders to earn block reward and transaction fees as a reward for assisting in validating the network.