What is Ethereum harmony?

Harmony was founded by Stephen Tse in 2018 and launched in May 2019. Harmony aims to remove limitations such as high energy consumption and high gas fees that are common in previous blockchain platforms such as Ethereum. Harmony’s success is driven by charging low fees and reducing latency. …

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Will harmony crypto go up?

Most experts are bullish on Harmony, with some expecting the token to be worth upwards of $1 by 2024 . ONE began last 2020 at $0.004 USD ($0.005 AUD) per token and surged to an all-time high of $0.37 USD ($0.50 AUD) in October 2021, a comfortable 10,000% return for early investors.

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Why is harmony one so cheap?

Because of the TPS that Harmony can process and its use of proof-of-stake validation, the network rarely gets clogged like Ethereum and therefore does not have high gas fees — they are currently a very small fraction of a penny per transaction on Harmony.31 Ara 2021

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