๐ ONE Coin โ What is it ????
๐ ONE Coin is part of the Harmony network, a fast and efficient blockchain that focuses on scaling decentralized applications (dApps) using techniques such as sharding and proof of stake (EPoS) to reduce fees and increase speed.
๐ Harmony aims to build a decentralized internet that enables developers to create applications that connect to the real world such as finance, gaming, non-fungible tokens (NFTs), with high interoperability between different blockchain networks.
๐ The ONE Coin is used for several functions within the system:
Transaction fees and contract fees
Staking to contribute to security and earn governance rewards by voting on network decisions
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