![]() Harmony is a platform for assets, collectibles, governance and identity. Scaling Cross-Chain Ethereum Applications This can be further increased by adding additional shards to the blockchain. Since each shards can process several 100 transactions per second the entire blockchain can handle 1000s of TPS. Sharding is a concept where the blockchain can be divided into multiple smaller chains. It does so with its random state sharding that creates blocks in seconds by reducing node validation times.īasically what Ethereum 2.0 aims to achieve Harmony network does it now that is making use of the shards. The Harmony network aims to innovate the way Dapps work by greatly improving on the processing speed and validation. This EPoS consensus was developed in accordance with the sharding concept which is designed for improved scalability and faster processing times. With EPoS Harmony network allows simultaneous staking from hundreds of validators. A network with PoS consensus rely on its stake holders. Harmony introduced a new version of Proof of Stake (PoS) consensus known as Effective Proof of Stake (EPoS). Harmony One network went live on 2019 but only in 2020 users were allowed to run validator nodes. But on top of that it also focuses on Privacy. Just like other EVM blockchains Harmony also focuses on improving the following: Decentralization, Security and Scalability. Harmony is a blockchain for decentralized applications (DApps) that has been completely built by its self. Jump to “MetaMask Harmony One setup” to skip this part and go straight to the tutorial. Now before setting up Metamask for Harmony One let’s see what Harmony One is and what it does? Here in this guide we’ll show you how to add Harmony blockchain to Metamask and carry out transactions on the Harmony One network. You can use this extension to access Harmony’s distributed applications, or “Dapps” from your browser. Now MetaMask is available as a browser extension and a mobile app that acts both as a wallet and a secure login portal for Dapps. To stake ONE tokens we recommend the official Harmony wallet extension or the Blits mobile wallet. Other than that if you are looking to stake Harmony ($ONE) then Metamask is not for you. For this reason we recommend Metamask if you want to interact with the Harmony ONE network. ![]() But still most users prefer MetaMask due to its custom EVM support and its ability to connect and interact with different blockchains other than Harmony.Īlso some Defi sites on the ONE network do not work with the official Harmony One wallet. It has seen a fast user adoption and this official wallet allows you to do anything blockchain related on the Harmony network. Harmony One is the official Harmony wallet that is available as browser extension for Firefox, Google Chrome and Brave Browser. To experience Harmony One network and to use the many features that are offered by these dApps, you must have MetaMask set up on the Harmony One network and connect it to the Dapp site. You got Dapps like DeFi kingdoms (JEWEL), DaVinci NFT marketplace, Open Swap token, Beefy Finance, Viper, LMA art gallery, Artemis Protocol, and many more. Harmony is one of the fastest growing ecosystem that currently has more than 50+ Dapps and counting. Besides these Ethereum based Dapps Harmony also has many native Dapps and DeFi protocols build on top of it. ![]() ![]() Also Dapps on other chains can easily switch to Harmony if they want.ĭeFi protocols like Curve Finance, and Aave have announced that they will deploy their protocol on the Harmony blockchain. Also since it is an EVM compatible chain it can connect to other smart chains. Its a fast and open blockchain for decentralized applications that features 100x lower fees and 2 second transaction finality. Harmony One is another independent blockchain that provides cross chain finance and is designed to scale Ethereum applications. ![]() They are basically like ETH except they are faster and cheaper to transact. All these smart contracts enabled blockchain platforms are designed to facilitate the creation and use of decentralized applications (DApps). Some are basically an Eth clone and some are completely built by its self. Ethereum, Binance Smart Chain, Polygon, Avalanche, Fantom, Terra etc. Add and connect to the Harmony One mainnet and Harmony Testnet with your Metamask Wallet.īy now you might have heard and interacted with so many Layer 1 blockchains and Layer2 side-chains. Beginners guide to setup MetaMask for Harmony network. ![]()
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