/biz/ - Business & Finance

>harmony implements deep sharding with innovations on both protocol and networking layers of blockchain by introducing:
· highly scalable fast byzantine fault tolerant consensus using boneh-lynn-shacham multi-signatures.
· secure distributed randomness generation protocol using verifiable delay function.
· sharding with adaptive proof-of-stake for strong network security.
· kademlia routing and erasure encoding for optimal network performance.

>some of harmony's points of differentiation include:
· key innovations in state sharding (secure staking & resharding with decentralized randomness) and in peer-to-peer networking (optimal cross-shard routing, fast block propagation).
· pos-based state-sharding protocol, while existing protocol projects are mostly pow-based.
· fast bft algorithm which uses bls multi-sig and scales linearly with the number of nodes, while many existing projects uses the old single chain-based consensus (same as bitcoin).
· consensus doesn't have forks and has instant finality, while existing chains have forks and no instant finality.
· cross-shard communication is sublinearly efficient due to the use of kademlia routing and erasure encoding.