12-14-2021, 03:54 AM
Harmony ONE does everything that ETH 2.0 has been promising for years, except they a
<!-- SC_OFF --><div class="md"><p>Transactions are instant and cost less than a cent.</p> <p>Sharding</p> <p>Active ecosystem of Defi (Euphoria, Viperswap, etc.), gaming (Crypto Royale, Defi Kingdoms, etc.) NFTs (Kuro Shiba, Crypto Pigs, Da Vinci, etc.) and more.</p> <p>10% APR staking</p> <p>Governance and voting</p> <p>The other day I bought some ONE, swapped it for WAGMI (an Olympus fork made by Venom DAO), staked it, and then wrapped it. The total cost to do ALL of that was about <strong>.0000002 ONE</strong>. This same set of transactions could have cost me upwards of $400 on Ethereum, and maybe significantly more depending on the day. On Harmony, it's basically free.</p> <p>I understand that ETH has first mover advantage, but there was a time when Yahoo! was bigger than Amazon, Apple, and Google. How much longer are crypto developers and users (outside of whales) willing to tolerate triple digit gas fees when competition like this already exists? It can't keep going for much longer imo.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Outspoken_Douche"> /u/Outspoken_Douche </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rfsvsp/harmony_one_does_everything_that_eth_20_has_been/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rfsvsp/harmony_one_does_everything_that_eth_20_has_been/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Transactions are instant and cost less than a cent.</p> <p>Sharding</p> <p>Active ecosystem of Defi (Euphoria, Viperswap, etc.), gaming (Crypto Royale, Defi Kingdoms, etc.) NFTs (Kuro Shiba, Crypto Pigs, Da Vinci, etc.) and more.</p> <p>10% APR staking</p> <p>Governance and voting</p> <p>The other day I bought some ONE, swapped it for WAGMI (an Olympus fork made by Venom DAO), staked it, and then wrapped it. The total cost to do ALL of that was about <strong>.0000002 ONE</strong>. This same set of transactions could have cost me upwards of $400 on Ethereum, and maybe significantly more depending on the day. On Harmony, it's basically free.</p> <p>I understand that ETH has first mover advantage, but there was a time when Yahoo! was bigger than Amazon, Apple, and Google. How much longer are crypto developers and users (outside of whales) willing to tolerate triple digit gas fees when competition like this already exists? It can't keep going for much longer imo.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Outspoken_Douche"> /u/Outspoken_Douche </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rfsvsp/harmony_one_does_everything_that_eth_20_has_been/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rfsvsp/harmony_one_does_everything_that_eth_20_has_been/">[comments]</a></span>Kind Regards R