#ProjectCrypto $ONE Harmony is a fast and secure blockchain series for decentralized applications. Harmony's main focus is on achieving scalability by sharding not only the network nodes but also the blockchain states into parts, "scaling linearly in all three dimensions: devices, transactions, and storage".

Harmony's sharding benefits from verifiable random functions for securely and randomly sharding the state. Harmony's consensus mechanism, which is an effective proof of stake, introduces consensus mechanisms that tolerate Byzantine faults to further reduce centralization, while supporting delegated proof of stake, double reward and slashing with double signing.

Its service token, $ONE , has been live on the Harmony mainnet since June 2019 and is expected to reach an annual inflation of 3%. The token must be used as a stake for validators on the network and is required to initiate transactions. #SECProjectCrypto