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      "body": "The blockchain has come a long way since Bitcoin’s inception, but somehow, we’re still not quite there yet. Cryptocurrencies have helped to pave the way however, and they’ve shown the world the potential which the blockchain posessess, but we’ve hit a roadblock.\n\nIn its present state, blockchain applications are just too slow to compete with existing networks. You can tout the benefits of decentralization and the wonders of the immutable ledger all you want, but if a game about collectible cats can cause the entire network to grind to a screeching halt, **nobody will listen to you**.\n\n<center>![cryptokitties.png](https://cdn.steemitimages.com/DQmdaLSk3PL6XFE4TYB1wiY1x8h2hNfBB6Yjxv4Qf7T1RgD/cryptokitties.png)</center>\n\n<center>**That’s exactly what happened to Ethereum when CryptoKitties exploded onto the scene.**</center>\n\nHowever, when you hear about a blockchain DApp crippling the Ethereum ecosystem, you might imagine an application with millions of users bringing mighty Ethereum, the number two cryptocurrency by market cap, to its knees, but in the case of CryptoKitties, in their heyday they saw **just 14,000 active daily users**. \n\nWith numbers like this, how can we expect mega corporations like Mastercard, which needs to process **38,000+ transactions per second**, to take the blockchain seriously as a solution for consumer financial applications? \n\n<center><h1>Enter: Harmony a scalable blockchain solution for DApps</h1></center>\n\n<a href=https://harmony.one>Harmony</a> is a blockchain project which aims to be the new building blocks of the internet. Much like big brother Ethereum, anyone can use the Harmony ecosystem to build a decentralized blockchain application.\n\n<center>![harmony.png](https://cdn.steemitimages.com/DQmWDpcu3R67KqtKndFVoXvU1hgroMvfsRYY8MwuoMN8j8g/harmony.png)</center>\n\n<center><i><b>However, unlike Ethereum, Harmony is capable of processing 100,000 transactions per second. </b></i></center>\n\nThe Ethereum network is currently capped at a much less attractive 15 transactions per second, which is why it’s so difficult for it to handle transaction heavy applications like games.\n\nHarmony’s superior transactional capacity is mostly thanks to sharding, a process which allows the blockchain’s workload to be broken up into smaller and more manageable pieces. This allows the network to handle much larger workloads than its predecessors.\n\nProof of Stake based set-ups, like Harmony’s, are also much more energy efficient than Proof of Work. Validators won’t need massive mining farms to confirm blocks, which not only saves on operating costs and equipment, but it’s also better for the planet.\n\n<center><h1>Harmony and the fight against centralization</h1></center>\n\nEthereum, and most other Proof of Work cryptocurrencies also suffer from another enormous problem though. <i>Which is the looming threat of centralization</i>. \n\nCentralization is one of the largest threats to cryptocurrencies and blockchain applications because it allows malicious parties to control the network. Under normal circumstances, these entities are out-voted by the majority and all is well, **but**..\n\n<center><b>If one entity gains majority voting power, then the entire network is at risk.</b><center>\n\nOriginally, this wasn’t an issue, because anyone could become a miner and aid in the decentralization of the network. Unfortunately, due to the increased costs of becoming a miner, now giant mining conglomerates control most of the voting power and the block rewards.\n\n<center>![miningpool.png](https://cdn.steemitimages.com/DQmZCcaKqgp6amZjCFBuNxbpupGRnNwGFajp96QbLKvDPUb/miningpool.png)</center>\n\nMining a major cryptocurrency like Bitcoin now requires an investment in the tens of thousands of dollars range. Attempts to mine with anything less often prove futile, and new miners quickly give up, allowing mining farms to gobble up more space on the network. \n\nWhile Proof of Stake is often proposed as an alternative, it’s not quite safe from centralization either. Wealthy investors can easily buy up large sums of coins, and then shut out smaller stakers who may never be able to mint any coins. \n\n<center>![mint2.png](https://cdn.steemitimages.com/DQmVaGVaDmJpR9bLkuAH9hLfpBrizySws4XtzxNAcLikThq/mint2.png)</center>\n\nThe good news is, Harmony’s ecosystem has accounted for this shift. While it’s not quite the same as Ethereum’s proposed Proof of Stake concept, which will randomly award blocks to stakers, it does make things more fair for the little guy in other ways. \n\n<center><h1>Harmony: A more inclusive blockchain network</h1></center>\n\nMost Proof of Stake set-ups require you to hold <i>a ton of coins or tokens</i> in order to earn anything, but Harmony will allow all token holders to participate and be rewarded. \n\n<center><b><i>Delegators are paid a commission from validators that are “borrowing” their tokens.</i></b></center>\n\nIf you have only a few tokens, you’d be unlikely to generate rewards on your own. However, similar to a mining pool, you can earn a slice of the rewards by delegating your tokens to a validator which you can choose yourself. \n\nWhat’s even better, is that you will be financially incentivized to choose a smaller validator. A set-up like this helps to further break up the centralization issue, and more evenly distribute voting power to the community.\n\nHowever, you may have realized by now that validators could simply break up their stakes into more nodes to gain more influence.This is true, but there are also hefty penalties levied on those that aren’t playing by the rules.\n\nIn addition, <b>delegators share in this risk</b>, and they could also have their stakes slashed if their chosen validator is breaking the rules! Delegators will quickly abandon these bad actors to save their own stash of tokens, further pushing them out. \n\n<center><h1>Use Case: Is Harmony the future of gaming?</h1></center>\n\nThe use cases for Harmony really are only limited to one’s imagination. Blockchain DApps have the power to bring most anything to life, in a way that is both cheaper, more secure, and nearly infinitely scalable thanks to the nature of the blockchain.\n\nHowever, Harmony themselves are already making some great moves in the gaming niche, including forming a partnership with Animoca in order to buy collectibles application Quidd. \n\n<center><i>Animoca already owns many other games, which they plan to scale using Harmony.</i></center>\n\n<center>![animoca.png](https://cdn.steemitimages.com/DQmUSE3vLR9mCwd3kkg4L6CDUgvkZ3E88Ux1gujEMHhBRvM/animoca.png)</center>\n\nWhile some people may still be understandably confused about the whole blockchain collectibles craze, the reality is that there is a huge market for it. \n\n<center>Quidd itself even has intellectual property licenses for huge brands like Adventure Time, Rick and Morty, Disney, Capcom, and Jurassic Park, <b>among around 300 others</b>!</center>\n\n<center>![quidd.png](https://cdn.steemitimages.com/DQmUto816wfuoeGatzTk56o1RgWRLKSnC8J9kpVaFsk6CUt/quidd.png)</center>\n\n<center><b>The Quidd community already has over 200,000 users, and they’re not alone.</b></center>\n\nLoot boxes, skins, collectibles, and other digital goods have become one of the biggest revenue generators in gaming from mobile phones to home consoles, and the market continues to grow.\n\n<center><i>Unfortunately, this value is locked to those games, which is a huge bummer for players.</i></center>\n\nHowever, Harmony could allow developers of all sizes to build a more robust digital ecosystem for their games and applications, even linking them together to create transferable value that follows players to new games and helps to show digital collectibles as true assets. \n\n<center><h1>Use Case: Harmony as the guardian of your data</h1></center>\n\nGaming is not the only application for Harmony by far, and I feel that they could also have a real shot at success by acting as a base layer for financial applications as well.\n\nHarmony is a Zero-proof blockchain, which allows for maximum privacy for sensitive transactions. This could be useful for loan applications, employment data, and personal lending, especially in light of recent data breaches. \n\n<center>![databreach.png](https://cdn.steemitimages.com/DQmNtBjbGFKi9r4kbVALvA4oJ9XVMVznrtexqzQvjKtqcja/databreach.png)\n\n<center><b>Every year, 9 million Americans have their identities stolen.</b></center>\n\nIt seems like every week, there’s a corporation reluctantly admitting that they’ve accidentally compromised millions of consumer’s private financial information, which is promptly sold on the dark web to the highest bidder.  \n\n<center><b><i>Zero-Knowledge proof allows you to know something without actually knowing it.</i></b></center>\n\nUnder the Zero-Knowledge protocol, you can verify that a statement is true without actually transferring any other information to that party. If no information is transferred, then there is nothing to steal, and security for both parties is automatically increased. \n\n<center><b><i>What if we could use this technology for identity verification?</i> </b></center>\n\nCould the blockchain become the steward of our most intimate details, giving us the freedom to share only what is completely necessary in that situation, and allowing us to grant or revoke access to that information when we choose? I think so. \n\n<center><h1>Harmony and the Apple effect</h1></center>\n\n<center><i>“All of these ideas have been proposed before! What’s so special about Harmony?”, you say.</i></center>\n\n<center><b>What’s special about Harmony is their ability to build upon what already exists.</b></center>\n\nApple didn’t create the MP3 player, they just made it easy enough to use that everyone could own one. Shopify didn’t invent the online store either, but they built a product which allowed anyone, regardless of skill level to create an online store in an afternoon.\n\nSimilarly, I think Harmony will eventually allow anyone to create blockchain DApps in thanks to their partnership with Morpheus Labs, which allows you to choose a base blockchain, like Harmony, and then build on top of it using a programming language you’re already familiar with.\n\n<center>![morpheuslabs.png](https://cdn.steemitimages.com/DQmfTnGpZqW3zPkviWmsNyTdwTJoysgFZQbZGzbuHcqXKCt/morpheuslabs.png)</center>\n\n<center><b><i>Ease of use + Scalability thanks to Morpheus Labs</i></b></center>\n\nMorpheus Labs will even have pre-built templates available which will allow you to instantly deploy applications, and even share data with other developers, potentially cutting build times by 60% and development times by 70%.\n\n<center><b>With Harmony and Morpheus Labs any Indie developer can build a blockchain DApp.</b></center>\n\nThe blockchain started out as a community run project, and I think it should stay that way. While everyone gets excited about corporate dollars flowing into the cryptocurrency community, maybe we should be more excited about small scale adoption. \n\n<center>We should be excited about the little guy with big ideas, and the fact that a platform like this could make blockchain development more accessible to indie developers. </center>\n\nYou can read more about the Harmony project at their <a href=https://harmony.one>website</a>, have a look at the <a href=https://harmony.one/pdf/whitepaper.pdf>whitepaper</a>, or follow them on <a href=https://twitter.com/harmonyprotocol>Twitter</a>.",
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  "timestamp": "2019-02-25T11:41:21",
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{
  "block": 30525325,
  "op": [
    "vote",
    {
      "author": "michellerhey",
      "permlink": "you-can-sell-your-stuff-for-crypto-on-these-sites",
      "voter": "cryptojustifyme",
      "weight": 10000
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  "timestamp": "2019-02-20T22:54:45",
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{
  "block": 29767951,
  "op": [
    "transfer",
    {
      "amount": "0.003 HIVE",
      "from": "crypto.piotr",
      "memo": "I hope you don't mind this memo. I promise not to spam your wallet and my only goal is to introduce you to my small non-profit initiative. For past few weeks I've been promoting quality content of those who I found very supportive and active here on Steemit. This week I wanted to help @achim03 and @blockshine to get some exposure to their latest publications. Check out @achim03 post \"How to use Steemit to make your website more visible on search engines\". And don't forget to visit also publication by Daniel from @blockshine as he is sharing his experience in blockchain industry. Yours, Piotr",
      "to": "michellerhey"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2019-01-25T15:14:24",
  "trx_id": "0ad3c9ac5b04913917f326c237a482f9ed99f452",
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}

{
  "block": 29288998,
  "op": [
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    {
      "amount": "0.005 HIVE",
      "from": "contestbot",
      "memo": "This is a notification to remind users that the OriginalWorks event sponsored by Liquidity Network with a 2500 STEEM prize pool has been extended due to internet issues of some of our users. If you missed the last notification, you can still submit your entry: https://steemit.com/crypto/@originalworks/2500-steem-sponsored-writing-contest-liquidity-network     You have gotten this message because you followed @contestbot! If you want to stop receiving this message, unfollow @contestbot.",
      "to": "michellerhey"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2019-01-08T23:43:33",
  "trx_id": "ad90818ed14b7d988d4a15e6a632100df8c0dfce",
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{
  "block": 29181416,
  "op": [
    "transfer",
    {
      "amount": "0.002 HIVE",
      "from": "crypto.piotr",
      "memo": "Good morning @michellerhey. Allow me to continue in 2019 with my little program of supporting quality content created by members of our little community here on Steemit. I will share no more than one link a week (to avoid spamming your wallet with memos). This time my friend @hobo.media started interesting discussion about mass adoption of STEEM. And I would love to hear your opinion on that issue. Yours, Piotr // LINK: https://steemit.com/steem/@hobo.media/would-mass-adoption-make-steem-more-equal",
      "to": "michellerhey"
    }
  ],
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  "timestamp": "2019-01-05T05:59:57",
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}