Cryptocurrencies

Harmony Blockchain Mainnet Now Supports Staking and Sharding

Harmony, an open blockchain platform, has announced its support for staking as part of its initiative to build a highly scalable blockchain infrastructure that maintains decentralization.

In a press release dated May 19, 2020, Harmony stated that it is pioneering the integration of staking within a blockchain network that also employs database partitioning, known as sharding, to achieve elevated transaction throughput. Nick White, a co-founder of Harmony, commented on this development, emphasizing its significance in the blockchain ecosystem.

The new features are expected to enhance user engagement and strengthen the overall performance of the Harmony network.

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