Minggu, 12 Mei 2019

HARMONY - Building a High Performance Consensus Platform

What is Harmony?
The Harmony team, evaluating the performance structures in the existing blockchains, inspired the projects realized in the previous periods and introduced a rapidly scalable blockblock model to our lives. The main source of inspiration for the project is Zilliqa, which is recognized by the cryptocurrency market. Harmony aims to find solutions to the scalability problem with the sharding consensus algorithm, leading to many innovations like powering decentralized economies of the future

What does Harmony Algorithm Offer to Blockchain Technology?
First of all, the team has developed their consensus algorithms to find a solution to the problem of trust in crypto technologies known as Byzantine generals. It presented solutions to the problems affecting the security of crypto technologies such as the abuse of data from different sources of information in the Byzantine generals problem and 51 attacks. It gives all supporters low-fee consensus platform
Random solution
To block the system in general blockchain technologies, hackers are constantly making efforts. It has the capacity to eradicate a power system that is largely dominated by the mining infrastructure. In Harmony technology, each process occurring in the block is determined randomly and not in a repeat order.
Double Signature Technology
One of the security vulnerabilities in Blockchain technologies is that the blocks are managed by one person. Blockchains like Ethereum want to implement Sharding technology, which works with the logic of transferring power to the other computers instead of just one computer. In contrast to these technologies, Harmony aims to find solutions to all problems with its leadership system. This technology works with the logic of signing the block produced by a leader by other members in the later stages. The index blocks sent to the leader after the first signature is discarded are sent back to the members later. With this technology, which is called parallelize transaction processing, the trust mechanism is increased to the next level and the partners within the block are working with optimum harmony among themselves.
How is Harmony different from other public blockchains?
Unlike other pow systems, Harmony uses the pos mining algorithm. This algorithm provides users with high processing power and high security against attacks. Harmony consensus protocol has activated the system of adjustable block sizes to find solutions to the attacks occurring in existing blockchains. Blocks can be reduced to small sizes in order to prevent large whales who want to have a network with this system and which largely dominate their blockchains. In contrast to the Ethereum blockchain, there is no problem in the Harmony system as the number of users increases and the scalability of the blocks does not cause any unforeseeable problems. This system prevents the construction of new blocks on the missing and incorrect processes in the blockchains based on the logic of filling the free spaces on the computers. Each block can move independently and interact with other blocks.
My Personal Opinion
The fastest transfer rate of up to 118 thousand per second, the most recent monks of the Harmony project, such as Multivac, Zilliqa, such as the famous blockchain projects. Among the members of the Google engineers, Samsung experts, the details of this project can be reached through the following social media channels.
Detailed Information About Harmony
Author: KanekiKov
My ETH: 0xACE2d47039C296a158e6EE1827300e6B098B9B0B

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