Harmony Shared Node

Launched in 2019, Harmony is an EVM-compatible open-source blockchain. The next-generation network is based on the robust sharding mechanism, which utilizes the Verifiable Random Function (VRF), allowing for reduced node validation time. The blockchain’s staking is built using a full-stack approach.

The decentralized platform’s ecosystem includes various projects - from gaming and NFTs to DeFi and wallets. In fact, Harmony API strives to provide fair opportunities to all global users, hence why the team has launched the so-called Ecosystem Development fund to help the platform grow larger with the users’ help.

The blockchain leverages the sharded proof-of-stake consensus. To receive a validator status, users have to stake a certain amount of the platform’s native tokens. Depending on the number of tokens staked, each validator is appointed a certain amount of votes.

The Fast Byzantine Fault Tolerant (FBFT) protocol, used by the platform, affirms energy and speed efficiency. Besides, it deploys parallel transactions.

ONE node stack works towards delivering cross-chain interoperability for multiple PoW or PoS blockchains. Assets can be easily transferred between various networks via a bridge.

Harmony can process an average of 2000 transactions per second (the platform’s long-term goal is to reach 10 million TPS). The possibility of congestion issues is minimized by adding more shards.

GetBlock is the industry-leading provider of blockchain nodes for over 40 networks, including Harmony. Thus, shared nodes grant GetBlock clients with the access to peer-shared node infrastructure - the perfect environment for testing out decentralized applications under realistic blockchain conditions.

ONE shared nodes are designed for beginners in blockchain technology and are available at a fair price, including a free period trial.

A Harmony node helps developers connect to the blockchain’s ecosystem and utilize the services offered by this popular network by storing the blockchain’s information and providing decentralization.