Harmony is a fast and open layer-1 blockchain running Ethereum dapps with 2-second transaction finality and 100x lower fees.
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Jul 14, 2022 • 4 tweets • 1 min read
1/ Development of our post-incident strategy is taking more time than originally anticipated, but please know our teams are working hard to finalize details and get these plans into the hands of the community ASAP.
2/ Potential strategies will be presented to the community once cleared with legal and our key ecosystem partners.
We feel it is crucial to ensure our partners are aware and in support of our path forward.
Jun 30, 2022 • 8 tweets • 2 min read
1/ Harmony has begun a global manhunt for the criminal(s) who stole $100M from the Horizon bridge. All exchanges have been notified. Law enforcement, @chainalysis, and @AnChainAI have active investigations to identify the responsible actors and recover the stolen assets.
2/ We are providing one FINAL opportunity for the actor(s) to return stolen assets with anonymity. Our FINAL term is below.
Jun 28, 2022 • 4 tweets • 1 min read
1/ We are aware the hacker has begun to move funds through Tornado Cash. The team is working with two highly reputable blockchain tracing and analysis partners, and collaborating with the FBI as part of an investigation into this criminal act. 🧵
2/ In parallel, we're reviewing various options for users and partners and will keep you updated as we continue to explore ways to secure the ecosystem. While we cannot go into specifics, our goal is to share information in a timely manner with as much transparency as possible.
Jun 23, 2022 • 4 tweets • 1 min read
1/ The Harmony team has identified a theft occurring this morning on the Horizon bridge amounting to approx. $100MM. We have begun working with national authorities and forensic specialists to identify the culprit and retrieve the stolen funds.
1/ Harmony's Zero-Knowledge University aims to help developers foray into the world of ZK proofs and build market-ready ZK products.
Here are some amazing projects launched by graduating students of our last cohort👇 zku.one2/ Aletheia is an anonymous & on-chain reputation-based login system for websites that helps websites be exclusive to certain users only.
Aletheia allows a website owner to set such a filter when designing the login system.
In January, #HarmonyONE and @FinanceOin updated their announcement regarding the release of an upcoming stablecoin on the Harmony One network, taking us one step closer to having a stablecoin backed by ONE.
The first cohort of the @harmonyprotocol Zero-Knowledge University came to an end with participants building diverse Web3 products using ZK technology.
1/ @Harmonyprotocol’s new trustless BTC bridge offers users an opportunity to put their BTC to work and participate in DeFi protocols without liquidating.
This makes programmatic custody of bitcoin & bridging it trustlessly to other chains quite difficult and most BTC used on other chains is via centralized custodians.
Mar 6, 2022 • 8 tweets • 7 min read
1/ONE Conference, Two Weeks, World’s Largest Web3 Community Gathering - #EthDenver was an out-of-the-world experience.
For the ONEs who missed out, give this @CoinDesk article a read 👇
It will be the first trustless and decentralized bitcoin bridge to the EVM chain.
2/ The bridge enables a 1:1 Bitcoin-backed asset (1BTC), fully overcollateralized, interoperable, & censorship-resistant.
Unlike other wrapped BTC options, the Bridge is trustless, fully decentralized, secured, open & permissionless.
1/ @harmonyprotocol is building a multi-chain future that helps users transfer seamlessly between chains with instant transactions and extremely low feesđź’™
👇Here are some excerpts 2/ What motivated the creation of @harmonyprotocol?
While the #Ethereum chain was growing, there were some limitations.
#HarmonyONE was built to create a fast, decentralized and secure solution for a billion users, focusing on Speed and Performance.
Jan 15, 2022 • 9 tweets • 3 min read
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.
open.harmony.one/harmony-in-202…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
Jan 14, 2022 • 12 tweets • 2 min read
1/ We are undergoing an outage due to multiple block propagation issues. Heavy spam traffic in the past 30 hours has halted the network.
Our core team is working with validators & internal leader nodes to resolve the outage.
Minimum gas upped to 30 gwei to prevent spam attacks
2/ Progress Update - 1 AM PST
Validators have been advised to downgrade their node binaries to a previous version as the bandwidth of validators with V4.3.2 were overburdened.
Our team is working on a special version of validator node binary to reduce bandwidth usage
Over 400 builders, creators & leaders from the @harmonyprotocol community got together for #DayONE in San Francisco to celebrate the growth of the ecosystem & the future of Web3.
👇 Watch the whole event
Dec 29, 2021 • 12 tweets • 4 min read
26/ PRIVACY RIGHTS
While crypto entrepreneurs should set clear guidelines on KYC/AML reporting while preserving privacy, peer-to-peer transaction reporting & disclosure requirements on self-custody assets are unconstitutional overreaches. Get a warrant, or we’ll see you in court
27/ While it is built for decentralization, using crypto for nefarious purposes leaves an excellent paper trail for prosecutors to lock in a conviction. People who build products that aim to serve dark markets almost always get caught & go to jail.
1/ @MessariCrypto’s #theses2022, synthesizing the crypto chaos, encompasses the web3 economy & infrastructure that includes crypto, DeFi, NFTs & bridges!
👇 Here are some passages that show how @harmonyprotocol's vision and strategies align with the market potential & key trends
2/ WEB3 VISION
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