Harmony (ONE) Price Hits $0.0218

Harmony (ONE) traded down 0% against the US dollar during the twenty-four hour period ending at 21:00 PM ET on March 18th. In the last week, Harmony has traded up 39.2% against the US dollar. One Harmony coin can currently be purchased for approximately $0.0218 or 0.00000080 BTC on popular exchanges. Harmony has a market capitalization of $287.00 million and approximately $34.13 million worth of Harmony was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 11.6% against the dollar and now trades at $0.40 or 0.00001475 BTC.
• Aidi Finance (BSC) (AIDI) traded 0.5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 1.9% against the dollar and now trades at $0.0667 or 0.00000246 BTC.
• CareCoin (CARES) traded down 1.9% against the dollar and now trades at $0.0827 or 0.00000306 BTC.
• OmniaVerse (OMNIA) traded up 55.7% against the dollar and now trades at $0.0013 or 0.00000005 BTC.
• Kitty Inu (KITTY) traded down 1.9% against the dollar and now trades at $98.93 or 0.00365664 BTC.
• FEG Token (FEG) traded down 1.9% against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• Hokkaidu Inu (HOKK) traded down 1.3% against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• QANplatform (QANX) traded down 1.9% against the dollar and now trades at $7,190.88 or 0.26577750 BTC.
• Lego Coin (LEGO) traded 21.2% higher against the dollar and now trades at $0.0172 or 0.00000063 BTC.

Harmony Coin Profile

ONE uses the hashing algorithm. It was first traded on April 16th, 2018. Harmony’s total supply is 13,824,423,314 coins and its circulating supply is 13,154,148,314 coins. Harmony’s official Twitter account is @harmonyprotocol and its Facebook page is accessible here. Harmony’s official message board is medium.com/harmony-one. The Reddit community for Harmony is https://reddit.com/r/harmony_one/ and the currency’s Github account can be viewed here. The official website for Harmony is www.harmony.one.

According to CryptoCompare, “Harmony provides a high-throughput, low-latency and low-fee consensus platform designed to power the decentralized economy of the future. It plans to address the issues faced in other blockchain ecosystems through the use of the best research and engineering practices in an optimally tuned system.

The technical focus of the project is on resharding and secure staking with decentralized randomness. Harmony also implements optimal cross-shard routing and fast block propagation.

Effective Proof-of-Stake (EPoS) is a staking mechanism in a sharded blockchain that achieves both security and decentralization. EPoS allows staking from hundreds of validators and the unique effective stake mechanism reduces the tendency of stake centralization.

Unlike proof-of-work (PoW) consensus mechanisms, EPoS is designed for faster processing times and improved scalability. While PoW requires a lot of electrical and computing power, staking consensus methods rely on an abundance of value holders, who become validators. To ensure the protection of nodes and secure the validation process, Harmony introduced the Verifiable Random Function (VRF) for unbiased and unpredictable shard membership. This means that nodes and validators are assigned and re-assigned in a randomized manner.”

Buying and Selling Harmony

It is usually not presently possible to purchase alternative cryptocurrencies such as Harmony directly using U.S. dollars. Investors seeking to acquire Harmony should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Harmony using one of the aforementioned exchanges.

ONE/USD price chart by TradingView