Topic: Why Harmony (ONE) is better than Polygon (Read 98 times)

i have been invested in Harmony since the Binance launchpad and have been hodling and staking my coins since then.
i think after reaching a new ath in sats this week the project with its ever growing ecosystem and its development will end up at least at 0.5USD - the only question is when it will happen. but we are on a very good way to reach this price

for the further price discussions i would recommend this thread to you guys: Harmony ONE can go to 1$

I doubt that onyone in 2021 confuse harmony lauched in 2019 as 5th binance lauchpad (must cost fortune for this project) with coin that exit scam in 2017. I also doubt that harmony will change ticker after incurring such enormous costs to build brand awareness only to not be mistaken as a scam from 2017. Especially since the crypto community is growing exponentially. 90% of current investors entered the market on the current pumps - after 2020.

So who listened and is now happy to see it pumping? And it is still like buying Cardano at only 4 cents. Oh and I bought Cardano at 3 cents. People flocking and hyping in! Why would you buy other, overpriced coins? 

Honestly, after all this time reasonably crypto-educated people can differentiate between Onecoin and Harmony ONE. If not, I am not sure crypto has much future  DYOR is like a mantra in crypto space so... Anyway, I don't think they will be changing the ticker, they already have 55 million dollars worth of bridged assets and Bitcoin bridge is still coming so...

If they do a ticker change i might even buy it. Because no matter what the tech behind is, i am little worried that they didn't deduce that first thing that comes to mind from "ONE" is onecoin and you would like to stay as far away as possible from such association if you want adoption.

https://www.chainbits.com/news/harmony-one-vs-polygon-matic/

Quoted from the article:
"Once we compare both of these protocols, it is evident that both have a higher value proposition to the Ethereum and blockchain community as a whole. However, Harmony edges Polygon out in the regard that it is actually an entire blockchain onto itself while also providing a bridge that enables interoperability with Ethereum and other blockchains such as Binance Smart Chain. Thus, Harmony is in direct competition with layer 1 blockchains like Avalanche, Solana, and BSC, as well as layer 2 solutions like Polygon, Optimism and Zksync. In contrast, Polygon is just a level 2 scaling platform that uses ETH for security and provides efficiency and speed for transactions.

The fact that Harmony has over 1,000 validators responsible for the staking activities on the blockchain as compared to 110 validators for Polygon, makes Harmony more decentralised with a larger dissipation of governance responsibilities in the network. Thereby limiting chances of one sided takeovers and attacks on the network. Harmony also remains to be the network that in theory has a much higher TPS than Polygon which enables faster transactions and improves network efficiency.

Considering all the aforementioned aspects, it is evident that at this moment, Harmony brings a higher value proposition for it’s users for a more long lasting solution to Ethereum’s issues."

Also, look at the table in the article and compare yourself.

Another well written review:

https://medium.com/coinmonks/harmony-one-update-my-take-on-its-potential-b17cfbb230a8