2/Being ONE of #EthDenver sponsors, @harmonyprotocol hosted a bunch of events including Web3 talks, new launches, merchandise giveaways, ONE Big Night and more.
We also co-hosted the official ETHDenver (@EthereumDenver) After Party.
1/ @harmonyprotocol is building a multi-chain future that helps users transfer seamlessly between chains with instant transactions and extremely low fees💙
1/ #Rollups (Layer2) are blockchain technologies that help scale Layer1s (ex: Ethereum), that allow faster transactions at a cheaper cost in a trustless verifiable way.
In ZK-Rollups, validity is ensured by zero-knowledge proofs.
2/ Zero-knowledge proof (ZK Proofs) technologies enable one party to prove to another party that they know something without the prover having to convey the information itself in order to prove their knowledge.
👇Here's why it is important, and what we are doing about it
3/ ZK for Scalability 📈
Since ZK proofs allow data-sharing between two parties without transferring any information with the transaction, they can improve scalability.
With 2-second finality already achieved, @Harmonyprotocol can scale its transactions/second with sharding.
2/ @Harmonyprotocol is now fully supported on Snapshot, and the forked version hosted on the Harmony website will be discontinued.
This decision comes to ensure complete decentralization and to provide a reliable and secure product to the community.
3/ With an ever-growing number of DAOs on Harmony and a plan to create many more, it is critical they have access to reliable services to run and manage their organizations.
Therefore, from March 1st, 2022, users will need to create a brand new space on Snapshot.org