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      "author": "steemcleaners",
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      "body": "\n\n## <center>**Introduction**</center>\n\n<div class='text-justify'>\n\n<div class='pull-right'>https://ipfs.busy.org/ipfs/QmV4SqrR5KR73vVDVd5XSDHrrZhWY7EiBWnyojcirpr5jA\n<a href=''>Image credit</a></div>\n\nIn the new world of decentralization, the blockchain technology is best seen like the **\"800-pound gorilla in the room\"** and this is not totally untrue if we look at how far it had come in a short space of time and yet many are unwilling to participate due to the obvious loopholes present in the system, a decade after it was launched. Although, the technology succesfully solved the problem of double-spending in traditional payment system, it is not close in terms of overall performance in competing with this legacy payment system apart from the fact that it is more secure and decentralized.\n\nMost existing systems can be classified into two major groups; **centralised or decentralised**, each has its own pros and cons and therefore it seems every available framework or solution is built with a huge compromise in mind; `security` and `ownership` is compromised for centralised systems while `speed` and `availability` is compromised for decentralized networks. \n\n<div class='pull-left'>https://ipfs.busy.org/ipfs/QmRpyeUPEoZ9zQc2izVujiMSguFgTYkUN7a2ECZpSTSFPM\n<a href=''>Image credit</a></div>\n\nIn short, Lightning Networks e.g Raiden and sharded network eg zilliqa  to name a few are some of the recent solutions to have made some improvements to blockchain payment networks via the introduction of `Payment Channels` and `shards` respectively. And they have come at length to solve some of the speed-related issues of the blockchain, however, the implementation has brought up new issues of `network cost`,  `routing complexity` and `security`; with the latter stemming from partial decentralization; of  which without fail deserve full attention if the `performance` of the blockchain is to be improved upon considerably and made ready for mass adoption by businesses, enterprise and institutional investors.\n\nThus far, the `inability` of existing blockchain options such as Zilliqa, Multivac, to name a few, to curtail partial decentralization and its effect is one of the major reasons why their solutions have not proved quite efficient and effective enough to drive wide blockchain and cryptocurrency adoption.\n\nTherefore, in this article we shall look at an interesting project, **[Harmony]()** that is looking to change the course of history for this \"800-pound gorilla\" technology called blockchain! \n\n<center>\n</center>\n\n## <center>**[Harmony]() Blockchain in the Spotlight**</center>\n\nIn simple terms, [Harmony]() is a fully scalable, provably secure and energy efficient blockchain based on sharding technology. Harmony is a PoS-based blockchain that is capable of linear scaling, enabling unprecedented transactions per second with the ability to easily scale as the network becomes heavily utilized.\n\n[Harmony]() addresses the issue of `costs` and `complex routing` associated with existing 2nd-Layer blockchain solutions (e.g sharding technology); improving the overall scalability of the underlying blockchain infrastructure and maintaining a `fully-decentralized` economy to ensure user's security and control of own asset.\n\n\n\n## <center>**How [Harmony]() Solves Scalability, Cost And Decentralization related issues**</center>\n\n<center>![C3TZR1g81UNaPs7vzNXHueW5ZM76DSHWEY7onmfLxcK2iPUbRfBmx4RpgpP6yNHDggLaEcYPkPndq4zikcRbvgCbjUcfWWtSpigwaLhVQmzCZbYrUvwtCU6 (1).png](https://ipfs.busy.org/ipfs/Qmf95auNoKtDV1JB7JQ8FgrUJjN9Cb8sJurJELnMXsiyVe)\n</center>\n\nInorder to fully understand their approach, lets run quickly through the `internal  workings` of existing sharding based blockchain options such as Zilliqa \n\n **How Sharded Blockchain works?**\n\nSharding is the process of dividing a database’s computational responsibilities into smaller segments (called shards) which individually carry out their tasks, making the total burden of computation smaller. This concept is introduced to recent blockchain options to solve speed, network cost and scalability issues associated with blockchain technology.\n\n\nHowever, Zilliqa's\nsharding approach for instance  falls short in two ways. **First**, it does not divide the storage of blockchain data\n(state sharding). This prevents machines with limited resources from participating in the network,\nthus curtailing `decentralization`. **Second**, Zilliqa’s sharding process is susceptible to a `single-shard\ntakeover attack` due to its reliance on PoW as its randomness generation mechanism.\n\n\n**[Harmony Blockchain]() improvement to existing  solutions**\n\n<div class='pull-left'>https://ipfs.busy.org/ipfs/QmeEJM1Rs7uenWkaaCjhv3R1sJYokj33xJqazbVcCrnFKc)<a href=''>Image credit</a></div>\n\nIn the existing solutions, the issues of costs and time arise because every node within the network has to listen to each other before consensus can be reached  , therefore [Harmony]() via their **adaptive state sharding Protocol** will allow each node to keep a state  of its transaction history which can then be better managed by effective shard management by combining the advanced **FBFT** - Full Byzantine Fault Tolerance via BLS (Boneh-Lynn-Shacham) multi-signatures  and DRG protocol to drastically improve communication complexity and consensus fairness respectively.\n\nImplementing a **adaptive- threshold PoS** based consensus ensures better node participation which helps to drive the idea of `true decentralization` for the overall network ensuring security is not compromised in every sense of it unlike other sharded blockchain options. \n\n\n\nFurther more, the effect of these concepts on the overall [Harmony]() blockchain vs other blockchain options is summarised in this chart below\n\n\n\n\nHowever, we shall examine how this solutions will impact blockchain mass adoption in the subsequent header.\n\n\n\n## <center>**How [Harmony]() improves blockchain-related issues**</center>\n\n<center>![QmS9e8CufPte7EEnq9sYTQpzJHgrFH5PkK3iAdAxJ9TWFq.jpeg](https://ipfs.busy.org/ipfs/QmcFWMKKodyomyBdWxP9qSgT1vp9R1c3bkGwibWdJFxpjj)\n</center>\n\n\nThe introduction of the revolutionary technology *state sharding*, *DRG protocol* and *Kamdelia-based routing protocol* will have great impact on the `performance` of the underlying blockchain in the following ways\n\n* **Better Transaction Per Seconds(TPS)**\n\n<div class='pull-left'>https://ipfs.busy.org/ipfs/QmcFoUdYFKdk1yfqnjoih7rgPpAoDHVqnTgALwDeDTdcnz\n<a href=''>Image credit</a></div>\n\nTPS is the unit of measurement to determine the speed of the transaction and present blockchain lags behind in this area as the chart above reveals when compared with other conventional payment options. However, since transactions only needs to be managed by few nodes within the network, the makes the whole transaction process becomes fast and efficient. And this is better improved by the Kamdelia based routing which simplifies cross-sharding communication **linearly** by maintaining direct shard communication. Thereby, improving the overall scalability of the network as more nodes get added.\n\n* **Reduced Transaction Cost**\n\n<div class='pull-right'>https://ipfs.busy.org/ipfs/QmNLpkYXiVhDPoxHAUBqvnVGH8zcdhY8hK4U8eN4CvSTrB\n<a href=''>Image credit</a></div>\n\nAs mentioned earlier, One of the loophole of the present solutions is poor node management which means that every participating node contributes to the overall network cost. [Harmony]() removes the need for that via its shard enabled consensus mechanism which ensures only relevant nodes gets to participate in the network to keep the network cost as low as possible. Hence, [Harmony]() blockchain encourage micropayment transaction on the network\n\n* **Highly Scalable For different users**\n\n[Harmony]() blockchain is driving blockchain scaling solution via the introduction of these new concepts as they relieves the workload on the blockchain, reduces network congestion and renders the transaction process fast and adaptable for different use cases as summarised in the chart below\n\n<center>![image.png](https://ipfs.busy.org/ipfs/Qmc4sXjPAGvzzauE94UdsfogZyn1saP2gxmVvGhKDxLgCT) [Image Credit]()</center>\n\n\n## <center>**[Harmony Blockchain]() Architecture in a Nutshell**</center>\n\n<div class='pull-left'>https://ipfs.busy.org/ipfs/QmUdLfWRhwDL66UkoKBPK3s9iUnvCqBQ24CaCcTUeSkSxh\n<a href=''>Image credit</a></div>\n\n[Harmony]() blockchain offers true decentralization and solution to scalability. Their solutions have being adopted in ground-breaking projects like Cryptokitties and DeFi. This is why important personalities like Vitalik Buterin (Ethereum), Zaki Manian (Tendermint), Gawin Wood (Parity Technologies), Alex Skidanov (Near Protocol) have aired their views on this technology.\n\nFrom this revelations above , it appears the Harmony blockchain can serve as the base network on which other economies can be hosted including high-volume decentralized exchanges, marketplace for fungible and non-fungible tokens, IoT-driven economy and other large scale integrations.\n\n \n\n[Source](https://twitter.com/harmonyprotocol/status/1160065335011106816)\n\n\n\n## **10 interesting Fun Facts About [Harmony]()**\n\n1. `Harmony blockchain reaches consensus 100 times faster than any other consensus`\n2.  `The technology will allow hosting of assets from multiple block chain granting freedom to create multiple trade-pairs for traders and users to thrive`\n3. `Harmony is truly decentralised and linearly scalable`\n4. `Harmony innovates on both the network and protocol layer`\n5.  `Harmony team are credible silicon-valley associates comprising of engineers and academias`\n6. `On June 28th, Harmony launched their Mainnet. The Mainnet had 600 nodes, making it one of the top 15 decentralized networks`\n7. `Atomic locking provides references to ensure cross shard consistency`\n8. `Harmony consensus accrues votes based on the amount of Harmony ONE token staked.`\n9. `Harmony uses censorship detection to vote on view changes`\n10. `dApps can be built on harmony networks such that heavy computatins can be driven on third party frameworks like magic Network. A good example is an hybrid DEX where order books can be maintained and settled off chain.`\n\n\n### **Features and Benefits of [Harmony]() Blockchain Architecture**\n\n<center>![images (1).png](https://ipfs.busy.org/ipfs/QmSBJipm4rNyH3B2zMSyLXTDLyW5f1vpL79x2C3Hey8mea)\n</center>\n\n\n### **To Miners**\n\n* Provably fair consensus mechanism to drive mass participation ensures overhead cost per block created is considerably reduced.\n\n* Provably fair mining reward\n\n* Proof of Stake consensus provides an energy efficient network\n\n\n\n### **To businesses and users**\n\n* Faster Block creation process\n\n* immunity from 1% shard attack\n\n* Zero-knowledge proof of data sharing to ensure customer's privacy\n\n* Linearly scalable for mass adoption\n\n* Provably secure\n\n* Peer-to-Peer communication\n\n* Low transaction fee\n\n\n## <center>**Harmony And the Evolution of dApps**</center>\n\n![harmonyone logo.jpg](https://ipfs.busy.org/ipfs/QmaLf6ZPQpYZwEaBM29mSRPHVXpMZ6CjP4LyfrUjLoMm8h)\n\n\n[Harmony]() blockchain is creating partnerships that will allow it to gain the front door and be the defacto standard when it comes to dApp(decentralized Applications) deployment and hosting for businesses and vendors.For instance their partnerships:  with Matic will allow dApps to run complex computation task off chain. Therefore as a result dApps pay less gas fee and potential slow performance will not affect the overall network.\n\nAlso, dApps can be built on harmony networks such that heavy computations can be driven on third party frameworks like magic Network. A good example is an hybrid DEX where order books can be maintained and settled off chain.\n\n\n## <center>**About Harmony ONE token**</center>\n\nHarmony ONE token is the native currency for [Harmony]()'s open economy of developers, miners, validators/stakers and investors. \n\nThe Harmony token will gain relevance in the following aspects of the protocol:\n\n* For staking, inorder to participate in the POS consensus, earn block rewards and cover for transaction fees.\n\n* Voting for on-chain governance of the protocol\n\n* To pay for transaction fees, gas and storage fees.\n\n\n\n\n\n## <center>**Final Thoughts**</center>\n\nBlockchain technology alone is not sufficient to drive business on to  new heights due to its inherent limitations. Just like the internet which required the advent of social media  before businesses start realising the potential; the blockchain also needs new concepts to ensire businesses thrive on the network.[Harmony Blockchain]() shifts their focus to dApp inclusion economy while offering practical solution to solve the numerous issues confronting blockchain adoption as an tool for national development.\n\nHarmony open economy fits the bill for businesses to plunge into new heights.\n\n\n\n\n## <center>**Use Case**</center>\n\n**Salary disbursement/Micropayments**\n\n<div class='pull-left'>https://ipfs.busy.org/ipfs/QmYYCCd5k1fTx62ia5gYBHjE5gQ9qipHCiwghDvANGiP6U\n<a href=''>Image credit</a></div>\n\n[Harmony]() could serve this use conveniently because it maintains users privacy within the network via its zero-proof knowledge algorithm. Therefore, Salary could be disbursed to different grade of workers at once, the differences in salary structure does not matter. All that is required to make it carry out the proper execution is a smart contract enabled **dApp**. Which removes the need for manual error or manipulation. \n\nIn otherwords the process is **automated**!!!\n\n\n<center>**Synopsis: Pangaea Case-Study**</center>\n\n> Pangaea - A Blockchain Experimental Zone Turned To A Massive Success\n\n> Pangaea is an experimental zone for thousands of people to interact with the Harmony network, test the limitations of our technology and have lots of fun while earning rewards. Pangaea is created purely for experimental purposes. It will have its own currency for playing and bookkeeping.\n\n\n\n> It’s the first live experiment - showcasing great prospect for participation on the development of the Harmony network. Within the first 24 hours the initiative had the following:\n\n138 Nodes up & running already\n\n1283 Signups\n\n77 Countries\n\n356 Keys Downloaded\n\n[Source](cateredcontent.com)\n\n\n\n<center>**Roadmap**</center>\n\n![0_SCLSsBDgDS_4Nhcj.png](https://ipfs.busy.org/ipfs/QmZZBRAtuto4H7jxcJufB2qkLzXqxgcSTkL1x7Up2ffup2)\n\n\n<br>\n\n## <center>**Token Metric**</center>\n\n<hr>\n\n![ONE10.png](https://ipfs.busy.org/ipfs/Qmc5bHcGR4a886WY9YbN1VvuzyFFUc3Gh8DHGiRUS2DU2B)\n\n\n\n## <center>**Meet The team**</center>\n\n<hr>\n\n![Harmony-Team.png](https://ipfs.busy.org/ipfs/QmZdQQ2R2GqpNh6Dcb2tumofwamjiqUWHweWk3obLYNHj7)\n![Harmony-Team-2.png](https://ipfs.busy.org/ipfs/QmbYXYu1zFZ7N5xTukujtsu9SZgDsuAYwH7ixopoHwtHJq)\n\n## <center>**Partners**</center>\n\n![Harmony-Collaborators.png](https://ipfs.busy.org/ipfs/QmbrCZEVdG4pyjJ7n4DNsKb5zpS6iBqCrJsxHcG8vMfNbr)\n\n\n\n## <center>**Feel free to check the links below for more on Harmony**</center>\n\n<hr>\n\n* <sub>[Harmony Website]()</sub>\n* <sub>[Harmony Whitepaper]()</sub>\n* <sub>[Harmony Telegram]()</sub>\n* <sub>[Harmony Twitter]()</sub>\n\n\n</div>",
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      "memo": "Just a reminder! The 6,700 STEEM prize pool contest is still running! You can submit here: https://cateredcontent.com/events/harmony1 OR check out the details here: https://steemit.com/contest/@originalworks/6-700-steem-1-300-usd-sponsored-writing-contest-harmony |Very few submissions so far and a massive prize pool! Make sure to submit before it ends!|        You have gotten this message because you followed @contestbot! If you want to stop receiving this message, unfollow @contestbot.",
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      "body": "Congratulations @dguvnor! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@dguvnor/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@dguvnor) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=dguvnor)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "body": "<div class='text-justify'>\n\nIf writing is your thing? then you don't have to listen any further to my epistle about a platform that has helped found me (I mean my writing skills). I mean joining CateredContent offers me the oppurtunity to build my passion and also earn from doing so.\n\n![99pyU5Ga1kwqSXWA2evTexn6YzPHotJF8R85JZsErvtTWY2qzj83F2kmnBFvBdm8rC693YeCcSBHscPCgkFFeP8Kmp8FCbbC6FaLxqViWA2EoCt4w4gckBTH4y8Mj2Ac6a.png](https://ipfs.busy.org/ipfs/QmXGvMZJeTG183jiHyqfQb94Bx2CtsMSGBd3XJGVPGLTLi)\n\n\n## **Getting Started on [CateredContent]()**\n \nGetting started on CateredContent is easy!\n* Sign-up\n* Edit your profile and add an Ethereum address\n* Pick an event and submit your entry\n* Once the event is done, your prize will arrive in your address\n\n# **Getting Acquainted to the Platform**\n \nAll registered users will receive a Call-to-Action mail notification once a new event is available on the platform.\n\nAn event catalog showcase the active events allowing users to participate in as many as possible. \n\n## **Features of [CateredContent]()**\n\n* **Ranking system**\nThis feature is recently introduced and it helps measure the activity level of a user. It is expected that this metric gains more relevance as time wores on. So keep being busy.\n\n* **Fair Reward Sharing**\nAfter each contest, the work of each users is collated and prizes awarded according to the quality of their submission. Results are published and prizes are remitted almost instantly into their wallet already provided on the platform. However, in some contest, prizes are shared equally between participants. \nN.B : participants should  have a steem cryptocurrency wallet to receive their prizes.\n\n* **To investors**\nIt is a good oppurtunity to showcase their business to a large community including steemit, twitter and medium. All that is needed is a token to engage a research from writers far and wide. This has a lot of advantage as the platform is global.\n\n\n## **In Conclusion**\n\n[CateredContent]() is a platform that allows users to earn money by writing about cool projects! CateredContent partners with companies to launch writing events & contests where users can participate to earn! \n\n**Join the ride!!**\n\n*Check out more info below*\n\n[CateredContent Website]()\n[CateredContent Twitter]()\n[CateredContent Medium]()\n\n</div>\n\n\n\n\n",
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      "body": "Sorry ewuoso . I pray God grants you divine healing. Amen!",
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      "memo": "Hello OriginalWorks writers! We have been working on some major updates and will be launching into more events soon. In the mean time, we have launched a MediaWorks event with 1500 STEEM! Enter the contest here:  https://steemit.com/steem/@mediaworks/1500-steem-graphics-design-contest-onepagex-com  You have gotten this message because you followed @contestbot! If you want to stop receiving this message, unfollow @contestbot.",
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      "memo": "Dear @dguvnor, I'm sorry for sending you few memos in the row. This is MY LAST one this month and I only wanted to share with you link to new amazing publication by @juanmolina. We're discussing potential threat of STEEM being worth 4$ for future of Steemit platform and I would love to know your feedback. Yours, Piotr.  LINK: // https://steemit.com/steem/@juanmolina/steem-s-value-vs-newbies-s-resources-credits-rc",
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      "memo": "I figured that you’ll like to join Fleta’s official bounty. One of my hidden gems of 2019, that has finally decided to host a bounty this year. The more people join this event, the better, the debut will be. I’ve got high hopes for this project and recommend that everyone to join in on the bounty! It just went live a day ago, so there still plenty of time to catch up & referer others- https://bounty.fleta.io/",
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      "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",
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      "memo": "Hi @dguvnor, Once every week I'm trying to support quality content published by someone from our little crypto-community. And just yesterday friend of mine published interesting post about future of LCO, which he believe will be bigger than STO. I know you've some decent knowledge about crypto and blockchain and we were engaging already before so I figured that perhaps you could visit this post and share your view (read my comment as well) on that particular topic. Yours, Piotr // LINK: https://steemit.com/news/@blockshine/ico-s-in-turmoil-we-have-a-solution",
      "to": "dguvnor"
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      "memo": "Hi @dguvnor. Have you ever wondered what is the future of internet? How Blockchain and AI can collaborate in order to make it a better place? If so, you may be interested in my latest post: https://steemit.com/cryptocurrency/@neavvy/is-this-the-end-of-the-internet-known-to-us-noia-network",
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      "memo": "Perhaps I could ask you for little favour? Im helping a friend of mine who is trying to hire \"International Business Development Manager\". This post may not interest you directly but perhaps you could help and share it with friends and resteem it. Let's use our community to help people make business connections via Steemit. This is exactly what we need. So please check out link below and engage with my comment. I always reply :) Yours, Piotr // LINK: https://steemit.com/life/@blockshine/we-re-hiring",
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      "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.",
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{
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      "from": "crypto.piotr",
      "memo": "Good morning @dguvnor. 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 Robert started interesting discussion about censorship on social media and Steemit and I would love to hear your opinion on that issue. Yours, Piotr // LINK: https://steemit.com/steem/@robertoueti/the-past-we-had-internet-now-we-have-steem#@crypto.piotr/re-robertoueti-re-cryptopiotr-re-robertoueti-the-past-we-had-internet-now-we-have-steem-20190104t132759191z",
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      "memo": "The new sponsored OriginalWorks weekly contest is running! Enter the contest here:  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.",
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{
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      "memo": "There was a mistake. The last prize sent out was for the - CateredContent.com: OnePageX.com Event",
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{
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      "amount": "0.002 STEEM",
      "from": "crypto.piotr",
      "memo": "Dear @dguvnor, This is my last publication in year 2018. Together with few Steemit friends we decided to use our influence and organize our first own support venture called \"Santa Venezuela\". We all hope that this project will be succesful and I would like to ask about your support // I hope you don't mind this memo. If you do then please let me know and I will remove you from my contact list. // Yours, Piotr. LINK: https://steemit.com/charity/@crypto.piotr/santa-and-piotr-visits-venezuela-join-us-today",
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      "author": "dguvnor",
      "body": "@@ -5813,16 +5813,226 @@\n order.%0A%0A\n+## **Important Info!!**%0A## *OnePageX is offering 0%25 transaction fees for the rest of 2018!*%0A %0A## *That%E2%80%99s right, trade without any fees! We are happy to bring this to our users so that they can give us a try!*%0A%0A\n Traders \n@@ -11214,13 +11214,12 @@\n ter%3E%0A%0A%3C/div%3E\n-%0A\n",
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      "parent_author": "",
      "parent_permlink": "blockchain",
      "permlink": "onepagex-exchange-built-with-simplicity-and-privacy-in-mind",
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