Thread by @stse

1/ my keynote at wanxiang shanghai conference on scaling privacy, secure staking and radical fairness.

harmony’s year-long journey into transcending the blockchain trilemma & bringing the best research results into production.

video & full transcript at harmony.one/keynote

2/ achieving the blockchain trilemma is not an impossibility but engineering. here's our quadrilemma: privacy.

an important problem for our generation to solve in the coming decades: to understand what privacy means in terms of human rights, product design and digital economy.

3/ most critical: a permissionless network operated & governed by a large community.

there’s no consensus without participation. are we decentralized yet?

1,000 harmony nodes, 80% by community, one-click deploy.

we build a strong node community that is self organizing.

4/ no consensus without incentives, either: the economic security.

our EPoS reduces centralization (sybil attacks without identity checks) while enabling delegation & compounding.

in a radical market, we prevent top stakers from overtaking & boost bottom stakers out of apathy.

5/ harmony's among the first production mainnets with proof-of-stake & sharding (eth 2.0).

done: state sharding, cross-shard tx, view changes, resharding against single-shard attacks.

done: verifiable random functions (vrf) with bls signatures, verifiable delay functions (vdf).

6/ beyond all these technical terms, let’s not forget why we're building: harmony is a blockchain for humans.

our mission: to scale trust for billions of people & to create a radically fair economy.

machines do not need trust; for sure they don’t care about fairness. but we do.

7/ “isolation is the dream killer”.

so, i started a gathering of dreamers; four hours weekly for 2.5 years.

thanks god it’s (your) dreams, for wearing ambition on your sleeve.

"tgi-dreams" motivated us during crypto winters; stay foolish & hungry for the invincible summer.

8/ our team grows from tgi-dreams: 7 engineers from google, amazon, apple, facebook; 7 graduates from stanford, harvard, berkeley, penn, oxford; 4 phd’s.

we share our culture of being empathetic to each other, being passionate about our mission, being excellent in what we do.

9/ obsessed not only with adoption but loyalty.

our official partner lympo (on samsung wallet, 100k+ users) incentivizes healthy lifestyle with reward tokens.

140m profiles for mobile fitness alone. lympo’s
reward tokens exclusively on harmony & our data-sharing marketplace.

10/ harmony’s $8m joint acquisition with animoca of quidd.

collectibles & digital assets are the best way to jumpstart network values.

millions of fans and creativity in community like marvel and game of thrones.

quidd is a marketplace w/ 6.8m users, $10m purchases, 6 tx/sec.

11/ harmony puzzle featured 16k users in a day, 192 countries, 10-minute sessions.

we store the game states & moves on our blockchain, and provide native tokens for betting.

fairness (network randomness) is critical for lottery, matching & tournaments in harmony's economy.

12/ we've been building products & expanding our community nonstop.

not only did we launch our mainnet in 12 months, execute 1000-node pangaea campaign, partnered with most visionary projects.

also: coinbase shortlist, 128x oversubscribed, crypto briefing’s pick of the month.

13/ binance launchpad was tremendous in bootstrapping our evangelists: to attract $683m trading volume in a day.

we raised a $18m private round, a $5.5m node round w/ binance labs and hashkey, and a $5m public sales.

harmony has committed to 6-year foundation & ecosystem funds.

14/ decentralized finance & market makers are key to harmony’s ecosystem.

ONE makers on hummingbot are open source, institutional grade, no custodial risks.

these 102 makers already support 8% of our binance volume. they are the world’s first decentralized algorithmic trading.

15/ social mining with our decentralized intelligence agency, DIA not CIA, turning opinions and engagement into network values.

harmony is a self-governed community that embraces influencers and competitors.

qokka mines 49B telegram messages for community voices on projects.

16/ speed of “996”, not an extended roadmap or a fixed strategy. consistent time and effort.

one-click migration of dapps since harmony is fully evm compatible.

then a confidential layer for compliance and business use cases like data consortia for alternative lending credits.

17/ harmony + carbon = fiat gateway, fdic-insured native stablecoin, painless ux.

mass adoption w/ apple pay, cards, ONE tokens.

to decentralize world’s financial infrastructures, harmony builds cross-border payments & undercollateralized lending with alternative credit data.

18/ the future of privacy is already here but unevenly distributed.

findora builds auditable privacy.

like moore’s law for transistors, these algorithmic complexities & prototype speeds are improving by month.

perfect for harmony’s approach of engineering for production.

19/ our libunison serves as a base for new network apps besides blockchains.

data availability for end-to-end networking.

similar to libp2p, we’re abstracting harmony’s erasure coding for block propagation, hipv2 for discovery & traversal, quic for session & congestion control.

20/ join our team if you’re excited about our vision of open consensus for 10 billion!

this keynote’s deck, transcript & video at harmony.one/keynote.

subscribe to harmony's project newsletter i write every month at harmony.one/news.

email me at [e-mail]

21/ my keynote, along with dawn song and vitalik buterin, at shanghai international blockchain week 2019 by wanxiang.

see the thread above or harmony.one/keynote: scaling privacy, secure staking and radical fairness.

more at harmony.one/201909-newslet…

chinese translation of our wanxiang keynote. which other languages could you help translate?

Harmony跨越区块链不可能三角的一年历程

我们的项目愿景是为100亿人开放共识。作为曾经在世界一流公司工作的基础架构工程师们，我们的方式是将最前沿的研究成果带入工业界

mp.weixin.qq.com/s/wbeAd5VpuqpX…