Blockchain
By James Thorp
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Harmony (ONE) Interoperable Layer 2
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At Harmony, they say their goal is to give as many people access to decentralized applications as possible.
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There is a Cross-chain Workshop 2021 Conference. Title: "A Gas-efficient Light Client for Cross-chain Applications" When: March 9-17.
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The focus of the cross chain workshop is to bring researchers across the world together to advance the field of cross chain transaction technology.
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The workshop is set to be held in 4 x 2-hour sessions across two weeks. The rationale for 2 hours is that people are having trouble concentrating for longer than two hours on a…
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The main themes of Harmony on Cross-Chain Finance are adoption, interoperability, and decentralization.
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For Clarity, Harmony is a Sharding protocol, which makes use of the trustless Ethereum Bridge. Harmony developers make use of Ethereum tooling like Solidity and Ether.js.
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Further a cross-chain Uniswap port is already live on their mainnet. Similar to layer 2 protocols, Harmony is fully interoperable with the Ethereum ecosystem.
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This is another way for users to get ONE tokens using a combination of Wyre, Sendwyre, Horizon Bridge and Swoop Dex.
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Recently, the partnership between API3 and Harmony Protocol was announced, providing for truly decentralized data Dapps running on the Harmony's fast and open blockchain.
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To make the integration possible, API3 DAO are going to co-host a hackathon with Harmony featuring an Airnode-enabled API as part of the partnership.
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For clarity, API3 will build decentrally governed and quantifiably secure data feeds which power Web 3.0 applications without employing the third-party intermediaries.
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Rongjian Lan, Co-Founder and CTO at Harmony Protocol expressed that Ethereum as a layer 1 has been struggling to gain further adoption due to its high gas fee and low TPS.
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The Q1 2021 milestone: Ethereum Endpoints: Web3.js, MetaMask, Wallets; Trustless Bridge with Light Client, Fast State Sync. Q2 2021: Decentralized Voting Power, VDF Resharding.
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