Harmony is a secure, fast, and scalable blockchain platform for the creation and deployment of decentralized applications (dApps). Its mainnet was launched in June 2019, backed by an experienced founding team comprising Stephen Tse, Rongjian Lan, Nick White, and Sahil Dewan, among twenty-five other “Harmonauts”. Harmony adopts a people-first culture, based on three pillars—empathy, passion, and excellence. The sharding-enabled network is secured using an Effective Proof of Stake (EPoS) mechanism involving 1000 globally-distributed validator nodes. Harmony supports rapid transaction settlements while featuring a block time of 2 seconds. Stake delegation, reward compounding, and double-sign slashing are some of Harmony’s additional functionalities. The platform’s native token, ONE, has a maximum supply of 12.6 billion pre-mined units, of which around 8 billion are in circulation.
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