Harmony Price Reaches $0.0154 (ONE)

Harmony (ONE) traded 1.7% higher against the US dollar during the 24 hour period ending at 11:00 AM ET on May 26th. During the last seven days, Harmony has traded down 8.7% against the US dollar. Harmony has a market capitalization of $204.81 million and $7.84 million worth of Harmony was traded on exchanges in the last 24 hours. One Harmony coin can now be bought for about $0.0154 or 0.00000058 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • KILT Protocol (KILT) traded 0.9% higher against the dollar and now trades at $0.34 or 0.00001252 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • OmniaVerse (OMNIA) traded 3.8% higher against the dollar and now trades at $0.0017 or 0.00000006 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 2.4% higher against the dollar and now trades at $0.0004 or 0.00000002 BTC.
  • Lego Coin (LEGO) traded up 25.2% against the dollar and now trades at $0.0198 or 0.00000074 BTC.
  • Belrium (BEL) traded 1.1% higher against the dollar and now trades at $2.56 or 0.00009568 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.

Harmony Profile

Harmony uses the hashing algorithm. Its genesis date was April 16th, 2018. Harmony’s total supply is 13,907,249,918 coins and its circulating supply is 13,286,624,918 coins. The official message board for Harmony is medium.com/harmony-one. Harmony’s official Twitter account is @harmonyprotocol and its Facebook page is accessible here. The official website for Harmony is www.harmony.one. The Reddit community for Harmony is https://reddit.com/r/harmony_one/ and the currency’s Github account can be viewed here.

According to CryptoCompare, “Harmony provides a high-throughput, low-latency and low-fee consensus platform designed to power the decentralized economy of the future. It plans to address the issues faced in other blockchain ecosystems through the use of the best research and engineering practices in an optimally tuned system.

The technical focus of the project is on resharding and secure staking with decentralized randomness. Harmony also implements optimal cross-shard routing and fast block propagation.

Effective Proof-of-Stake (EPoS) is a staking mechanism in a sharded blockchain that achieves both security and decentralization. EPoS allows staking from hundreds of validators and the unique effective stake mechanism reduces the tendency of stake centralization.

Unlike proof-of-work (PoW) consensus mechanisms, EPoS is designed for faster processing times and improved scalability. While PoW requires a lot of electrical and computing power, staking consensus methods rely on an abundance of value holders, who become validators. To ensure the protection of nodes and secure the validation process, Harmony introduced the Verifiable Random Function (VRF) for unbiased and unpredictable shard membership. This means that nodes and validators are assigned and re-assigned in a randomized manner.”

Harmony Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Harmony directly using US dollars. Investors seeking to trade Harmony should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Harmony using one of the exchanges listed above.

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