Harmony
Hello, my dear friends. I want this information about the Technology Project called Harmony to be more popular and attractive to many new users who have hungry eyes and short information. The latter must collect crumbs, check your own time and wallet. To answer which question is the right money to invest, which ICO will take 100%, I can't, but I will try to tell and photograph me about the money. Today we will analyze the Harmony project. Is this ICO and is it worth investing in it
What is Harmony?
Is an open market, decentralized. The Harmony protocol was created to build an open market place on Google's scale for a decentralized economy. The goal of the project is to provide consensus protocol via Open internet with 10 million transactions per second and a delay of 0.1s, a fee of 0.1% of the value of the transaction. Harmony will increase the speed and capacity up to 1000 times, expand the market to about 10 billion people and 100 billion devices.
_What is the application of Harmony?
- Speed up transactions
- Expanding markets
Harmony how to speed up thousands of times and expand transactions to tens of millions of times?
Harmony focuses mainly on three aspects: transport network, consensus protocol, and system tooling.
- For Transport Netwrok:
Network is based on Google's UDP (Google UDP data transfer protocol), also known as QUIC (fast internet connections on UDP protocol), accounting for 88% of Chrome Traffic, 35% of Google Traffic and 7% of Internet Traffic. QUIC improves the combination of different cases and achieves a round-trip delay of zero (Zero Round-trip). Broadcasting without transmitting the round-trip delay makes data synchronization become stronger and more resistant to change and instability.
Explain about the network transfer protocol QUIC:
QUIC quick UDP internet connections: new web protocol developed above UDP instead of TCP
Now the web is being built on TCP because of its reliability of the transport protocol.
To start a TCP connection, 1 of a 3-way handshake is presented. This means the rings are added (network packets will be sent back) and the new connection will be delayed.
In addition, to use TLS on TCP is required to round trips again (the packet must be sent again and again).
and so the transmission speed will decrease.
UDP (user datagram protocol) an outgoing message will be considered as a destination but to ensure reliability, something must be built on the UDP protocol to confirm packet transfer.
QUIC can start 1 connection and pass all parameters of TLS classification within 1 to 2 network packets depending on whether the server connected is a new or verified server.
QUIC does not need to use TLS because the protocol itself has implemented its own encryption class.
So the structure of a connection is: IP-UDP-QUIC-HTTP / 2 API
The structure with TCP is: IP-TCP-TLS-HTTP2
TLS (transport layer security) -https is an update version of SSL (secure sockets layer) which is a global technology security standard that creates a link between web server and browser.
Use a new technique for transaction propagation: Bloom Tables (used to create reconciliation and coding), allowing communications between shards in a constant scale, instead of just a portion of the total size.
System tooling:
Removing Bottlenecks in protocol implementation
Using UnikernelConsensus protocol:
Using OmniLedger Consensus Protocol
Using a new approach called monopolist fees: taking advantage of game theory to make charges for the purpose of not being wasted.
How does Harmony ensure good security?
Using language based-security (Using the Min Language programming language): apply this language-based security technique to decentralized applications, protection, against random mistakes or attacks dangerous, including order transactions.
Support up to 1000x times of transactions
- Roadmap
2nd quarter of 2018:
Validating the OmniLedger protocol in Go / OCaml can maintain 10,000 tx / sec and resist simultaneous attacks with 1000 nodes ((ie the same time access of 1000 nodes to a server or page master).
Complete the legal distribution model Tokens.
Form team with 5 engineers and cause 2 million within seed round.
3rd quarter of 2018:
Start the standard test program publicly for 10,000 nodes.
Validating lock-free algorithm according to scale of Rust linear on 96-core unikernel on Amazon Cloud.
Google UDP validation to maintain Broadcast with 100ms latency with 10,000 nodes and bandwidth of 10 Gbs (saturated 10 Gbs Links)
Causing capital (No information available) in the first Private Token presale.
4th quarter of 2018:
- Start opening the public tokens digging process with Testnet and Token Economics.
- Optimize up to 10,000 IoT devices, robots control and operate supply chain.
- Causing capital (not mentioned) in the final private token presale.
2019:
- Optimize payment for financial institutions up to 100,000 tx / sec
- Optimize 1 million nodes with 100,000 tx / sec and 1s latency
- Put Tokens of Harmony on Crypto trading floor.
- Contract, anti-consolidation, multi-signature support, and moving clients._
Team
Human resources Fulltime:
a. Stephen Tse: Graduated from the University of Pennsylvania, US Top 11 and the Global Top 19. As the founder of Harmony and AI voice. As founder of social search engine Spotsetter (acquired by Apple). He used to be a researcher at Microsoft research, has 1 year of experience as the leader of Apple's engineering team and 4 years as a Google engineer.
b. Michael Slinn: Degree in engineering and computer science, 12 years as the boss of Micromautics Research Corporation - a company specializing in computer software and blockchain. Experienced as an engineer and founded many companies involving small and medium sized computers for many years. Presented at World Crypto Economic Forum (an event in a series of events about Blockchain)
c. Nicolas Burtey:As Founder and COO of Harmony project. Established a medium-sized VR video startup in 2012, selling software to customers in over 70 countries. Have a freelancer experience in photography and editing. Have a bachelor's degree in computer science and a master's degree in computational photography
d. Alok Kothari: Currently an engineer learning learning at Apple (Siri) for 2 years and 8 months. He worked as a research collaborator at the Quatar Computer Research Institute, a graduate research assistant at Carnegie Mellon University (ranked 25th in the US) and analyzed the software at Adelement (1 web platform). Transactions at medium-sized private companies around 500 Future First employees.
e. Rongjian Lan:Currently working as an engineer for Google for 4 years. Get a bachelor's degree from Beijing University of Science and Technology (top 31 China) and a master's degree in university of maryland ranking (ranked 61th USA). Has been a research assistant at the schools he attended and is ORISE graduate student at the FDA. Have learned about decentralized decentralization protocols since 2017. Little experience on blockchain (co-founded the ABC Blockchain Foundation but There is no information currently available at the website.
f. Hakwan Lau:As a payroll teacher at University of California (ranked 21th in the US). He specializes in neuroscience and Machine learning. Professor at Columbia University and published over 66 articles in peer-reviewed journals. Harmony, he is exploring the relationship between probability consensus protocols and brain communication. Hakwan is also working on a model to preserve the privacy of mental mental data (mental patience) on the blockchain.
Part time personnel:
g. Trausti Kristjansson:Experienced as head of scientific research department of Amazon lab. InvenSense's Audio Algorithm director and former Founder and CEO of start-up companies. Won the award at AAAI - the leading academic workshop on artificial intelligence. Graduated a degree in computer science and machine learning at the prestigious University of Waterloo University in Canada and has many years of experience in speech recognition research at IBM Corporation and Google-created senior engineers.
hour. Bruce Huang: served as technical manager at Creditcase Company (1 FinTech company), director of Alibaba Cloud Computing, many years of experience as a software engineer manager at Microsoft.
Consultant:
i. Georgios Fainekos:Graduated Ph.D. at prestigious universities in Pennsylvania, Top 11 US and Top 19 worldwide. Currently a contract teacher at Arizona State University. Experience in working as a mechanical engineer and completing many researches on software and systems.
Token Metrics
Long-term development commitment: 6 years spent on research, 4 years of vesting founders of the project.
Hardcap: Not mentioned
General Tokens: 21 billion Tokens
Investment is paid through 1-hour weighted USD price of ETH (ie ETH price is zoned within 1 hour period)
The process of unlocks starting immediately after going to the floor.
Tokens model and incentives:
Sales and floating (Floating): 20% Tokens (Of which 40% is not Lockup, the rest is transferred monthly in 6 months, 10% each, extra bonus, 100% will release after 1 year lockup)
40% bonus, seed round round (not specified specific amount)
20% bonus in the first private sale round (no target amount specified)
0% bonus in the public or last private sale (not specified amount)
Dev and community: 40% of Tokens will be paid in 5 years: with 28% will be locked up in 1 year, the rest will be paid in 4 years, 1.5% each month.
Foundation and Research: 28% tokens (of which 28% do not lockup, the remaining 72% will be paid monthly on monthly basis of 1% for 6 years)
Founder and Team: 12% Tokens (in which 28% will lockup within 1 year, the rest (72%) will be paid monthly 2% each month for 3 years).
Basic information
Ticker: Harmony
Token Presale: 3rd quarter of 2018
Total Supply: 21 billion Tokens
Available for Token Sale: 20%
Hardcap: No information available
Website: http://simple-rules.com/harmony?utm_source=icodrops
White paper: http://simple-rules.com/tech
Github: https://github.com/min-lang/min/blob/master/README.md#programming-and-rules
Twitter: https://twitter.com/stse
Username profile Btt : Galih_Alkarim