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About Harmony
Harmony (ONE) is a blockchain platform designed to enable fast, low-cost transactions through its use of sharding technology, which divides the network into smaller processing groups to increase throughput and scalability. The network focuses on decentralized finance (DeFi), cross-chain interoperability, and supporting various applications while maintaining security through its Proof of Stake consensus mechanism. What distinguishes Harmony is its emphasis on achieving a balance between decentralization, security, and scalability, along with its ability to process thousands of transactions per second at a fraction of the cost of competing networks.
