$0.0491
1H
-0.79%$0.0004
24H
1.32%$0.0006
7D
-22.8%$0.0145
30D
-57.8%$0.0673
Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.
According to the project’s website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.
Notably, the announcement coincides with the growth of decentralization and DeFi in China. As the authorities are introducing new restrictions on crypto, many Chinese crypto users are moving their crypto holdings to DEXes.
This partnership creates a win-win for both Harmony and Knit Finance. Users can use the Harmony (ONE) token on the Knit Finance marketplace, whereas Knit can unlock several other potential use cases in DeFi.
The grant aims to support research that will hopefully make the applications of Dusk Network more mainstream.
Having introduced and developed the necessary infrastructure, DSLA protocol has put in place such an aspect that makes the project key in the future growth prospects of various industries.
Bitcoin price suddenly spiked over the weekend and the stablecoin industry has been attributed to the change in price.
