FAQ's

Frequently Asked Questions

What is Harmony?

Harmony is a fast and secure blockchain built by a 20-person team in Silicon Valley with 7 engineers from Google/Apple/Amazon and 2 PhDs. Our public network is operational and fully open source.

Our key innovations have been realised in state sharding (secure staking & resharding with decentralized randomness) and in peer-to-peer networking (optimal cross-shard routing, fast block propagation).

Our mission is to harness the power of technology to expand human potential without sacrificing the fundamental rights of those we are building it for. We believe the biggest tech companies in twenty years will be the ones that recognised how rapidly our very humanity was being eroded and did everything they could to respect and preserve it. To empower the way we live, love, gather, play and learn.

Harmony is the Blockchain for Humans.

Why is the project called “Harmony”?

Harmony is the beautiful music when we sing in different notes but resonate. It’s analogous to our high-performance protocol of multiple shards but reaching consensus.

Why is the token called “ONE”?

One describes the individual, the single human at the core of everything we aim to do as a technology company. It describes the kind of world we are trying to create. And it describes a state of being where we are in balance. It's the core element of our most important value 'Be the one...'

Stand up and be counted, be the one, take responsibility, take ownership and take a risk.

What's behind the logo design?

Harmony’s community is built on “Handshake & Embrace.” All Is Fair in Love and War. (Euphues [Euphuism]: The Anatomy of Wit, 1579).

Well, also, in vino veritas! Read the “Xoogler Interview” on our founding story.

What is the real world value of Harmony?

Harmony helps businesses build marketplaces of fungible tokens (energy credits, security offerings) and non-fungible assets (game collectibles, real estate). We’re applying zero-knowledge proofs for data sharing (ad exchanges, credit ratings) while preserving the consumer’s privacy.

What is the long-term vision for Harmony?

Today, only hundreds of thousands of people are participating in the decentralized marketplaces. We want to help millions participate in a radically fair economy.

We believe that a scalable architecture and design of a public blockchain is crucial for mainstream adoption and high value use cases. Through a combination of research-proven innovations in transport networks, consensus protocol, and system tooling, we think Harmony’s scalable blockchain protocol can eventually support markets for billions of users.

What percentage of your team/company tokens have you sold?

We sold 22.4% of the 12.6 Billion token supply in our seed round.