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{
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  "op": [
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      "from": "crypto.piotr",
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      "amount": "0.001 STEEM",
      "memo": "hi. just small test (sorry for that memo, just testing some tool) . And have a great day."
    }
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}

{
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{
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      "delegatee": "ashkharoo",
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{
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  "op": [
    "transfer",
    {
      "from": "project.hope",
      "to": "ashkharoo",
      "amount": "0.012 STEEM",
      "memo": "Good morning @ashkharoo. I would like to take several minutes of your time and ask you to visit @project.hope profile and read recent 2 publications which I've just posted yesterday. Please ignore this memo if you already did it. Yours, @crypto.piotr"
    }
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}

{
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  "op": [
    "transfer",
    {
      "from": "project.hope",
      "to": "ashkharoo",
      "amount": "0.123 STEEM",
      "memo": "Good morning @ashkharoo. I would like to take several minutes of your time and ask you to visit @project.hope profile and read recent 2 publications which I've just posted yesterday. Please ignore this memo if you already did it. Yours, @crypto.piotr"
    }
  ]
}

{
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  "op": [
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    {
      "from": "crypto.piotr",
      "to": "ashkharoo",
      "amount": "0.003 STEEM",
      "memo": "Good morning. @ashkharoo. I hope you don't mind this little memo. Today I'm celebrating 3rd BIRTHDAY since I joined Steemit and because of that special day - I've organized small POSITIVE INITIATIVE. Consider checking it out and hopefully joining. Yours, Piotr // LINK: https://steemit.com/hive-175254/@crypto.piotr/let-s-celebrate-my-3rd-birthday-on-steemit-together"
    }
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{
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  "op": [
    "transfer",
    {
      "from": "crypto.piotr",
      "to": "ashkharoo",
      "amount": "0.012 STEEM",
      "memo": "Good morning @ashkharoo. I hope you don't mind receiving this memo from me. I'm not going to sell or promote anything to you. Instead, I would like to share warning about apparent recent TROX Tron scam spotted by my dear friend @thetimetravelerz. Hopefully you will find his post worth your time and attention. Resteem if you can. Yours, Piotr // LINK: https://steemit.com/hive-175254/@thetimetravelerz/os-scam-alert-do-not-fall-for-this-trx-tron-scam"
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{
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  "op": [
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    {
      "from": "crypto.piotr",
      "to": "ashkharoo",
      "amount": "0.015 STEEM",
      "memo": "Hi @ashkharoo, Hope you don't mind this little memo. Could I please ask you to spare few minutes and join recent initiative (steemit awards 2020 contest) and consider supporting me as a \"Best Contributor to the Community\". I would greatly appreciate it. Link to publication (post has 900 comments, so it takes a moment to open it):  https://steemit.com/awards2020-author/@steemitblog/the-steemit-awards-2020-the-shortlists-for-community-voting"
    }
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    {
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      "delegatee": "ashkharoo",
      "vesting_shares": "8511.698893 VESTS"
    }
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}

{
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  "timestamp": "2020-12-25T08:14:03",
  "op": [
    "transfer",
    {
      "from": "crypto.piotr",
      "to": "ashkharoo",
      "amount": "0.015 STEEM",
      "memo": "Good morning @ashkharoo, Did you see recent post by @steemitblog: \"The Steemit Awards 2020\". I figured that you may find it interesting, so I'm sharing this link with you and all Project.hope members. I'm not sure if PH can win, since we're still trying to be neutral in conflict between steem and hive. However, I still think that we may have a chance and hopefully you can help us out by participating in STINC recent challenge: https://steemit.com/awards2020-author/@steemitblog/the-steemit-awards-2020"
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{
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  "op": [
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    {
      "from": "blurtofficial",
      "to": "ashkharoo",
      "amount": "0.001 STEEM",
      "memo": "CONGRATS! You have a 1:1 BLURT AIRDROP of 0.137 BLURT and 0.523000 BLURT POWER waiting for you. Check out https://blurtwallet.com/@ashkharoo and https://blurt.blog/ TODAY!"
    }
  ]
}

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{
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{
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  "op": [
    "transfer",
    {
      "from": "crypto.piotr",
      "to": "ashkharoo",
      "amount": "0.011 STEEM",
      "memo": "Also, please allow me to share with you link to our recent post published on PROJECT HOPE official profile. In it - I've mentioned current SteemitBlog recent challenge releated to STEEM and TRON integration. Check it out: https://steemit.com/hive-175254/@project.hope/steemit-exclusive-recent-integration-between-steem-and-tron-blockchain"
    }
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}

{
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  "timestamp": "2020-12-04T12:11:45",
  "op": [
    "transfer",
    {
      "from": "crypto.piotr",
      "to": "ashkharoo",
      "amount": "0.011 STEEM",
      "memo": "Good afternoon @ashkharoo. I hope you don't mind me taking few minutes of your time. I would like to share with you links to 2 publications today. One, which is close to my own heart was published by my dear friend @hardaeborla and he is sharing his experience on Steemit platform. At the same time he wrote some kind words about me, which I also like to promote :)  Check out his publication here: https://steemit.com/hive-175254/@hardaeborla/crypto-piotr-a-great-man-i-can-never-forget"
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{
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  "op": [
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    {
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      "delegatee": "ashkharoo",
      "vesting_shares": "8543.751795 VESTS"
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}

{
  "trx_id": "9a321849561773be86a9d79bed9b3e8a731f9049",
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  "timestamp": "2020-11-28T13:53:39",
  "op": [
    "transfer",
    {
      "from": "crypto.piotr",
      "to": "ashkharoo",
      "amount": "0.012 STEEM",
      "memo": "Good morning. I would like to invite you to freshly opened discussion about current bitcoin market price where I share my view on recent bloodbath in crypto space. I also share my future predictions and expectations, hoping to learn opinion coming from you and others. Check out this link. All most valuable comments will receive solid upvote. Cheers, Piotr // LINK: https://steemit.com/hive-175254/@crypto.piotr/crypto-space-bleeding-out-buckle-up-recent-correction-ain-t-over-just-yet-my-personal-expectations"
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{
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  "timestamp": "2020-11-27T11:15:51",
  "op": [
    "transfer",
    {
      "from": "crypto.piotr",
      "to": "ashkharoo",
      "amount": "0.012 STEEM",
      "memo": "Dear @ashkharoo. Could I ask for few minutes of your time? I just posted small survey which is directed towards all Project.Hope members and authors posting within our community. I would be glad if you could spare few minutes and check it out. Every feedback matters to me. Yours, Piotr // LINK: https://steemit.com/hive-175254/@project.hope/small-survey-for-project-hope-community-members-only"
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      "delegatee": "ashkharoo",
      "vesting_shares": "28216.956346 VESTS"
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}

{
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  "timestamp": "2020-11-13T18:23:06",
  "op": [
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      "parent_author": "ashkharoo",
      "parent_permlink": "5ssakh-yield-farming-platform-apy-finance-locks-usd67-million-in-first-hour-what-is-behind",
      "author": "crypto.piotr",
      "permlink": "qjqz2x",
      "title": "",
      "body": "hi buddy. tomorrow is Diwali, righe? have a great celebration time :)\n\nciao @ashkharoo",
      "json_metadata": "{\"users\":[\"ashkharoo\"],\"app\":\"steemit/0.2\"}"
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  "timestamp": "2020-11-09T15:27:15",
  "op": [
    "transfer",
    {
      "from": "crypto.piotr",
      "to": "ashkharoo",
      "amount": "0.012 STEEM",
      "memo": "Dear @ashkharoo. Friend of mine (@tomlee) managed to introduce STEEM to some real-life business. Either it's a legitimate company or not - decide for yourself ;) However, I see solid opportunity to help a business looking into Steemit to make initial steps. They started by sharing ino to an interesting bounty. It may be actually my first bounty in 2020 and I would like to share link with you to their posts. Hope you will find it useful. (I would appreciate every resteem). Yours, Piotr // LINK: https://steemit.com/hive-175254/@hagglex/hagglex-bounty-programme-is-live-usd50-000-hag-reward-pool"
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{
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  "timestamp": "2020-11-08T09:08:09",
  "op": [
    "transfer",
    {
      "from": "crypto.piotr",
      "to": "ashkharoo",
      "amount": "0.012 STEEM",
      "memo": "Morning @ashkharoo. I hope you don't mind this little SUNDAY MEMO :) Just an hour ago I've posted on new article on both chains in which I'm sharing my recent job interview experience. Hopefully you will find it interesting. And as always - I will be looking for your feedback (I read all comments). Yours, Piotr"
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}

{
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  "timestamp": "2020-11-01T21:05:03",
  "op": [
    "transfer",
    {
      "from": "crypto.piotr",
      "to": "ashkharoo",
      "amount": "0.015 STEEM",
      "memo": "Dear @ashkharoo, I had quite a long break from publishing my own articles since I've focused my efforts on building Project.hope community and watching it grow. Today however, I would like to share with you link to my recent publication and I surely hope to read your feedback. All valuable comments will be rewarded with solid upvote. Cheers, Piotr // LINK: https://steemit.com/hive-175254/@crypto.piotr/is-crypto-space-is-mature-enough-for-another-bull-run-i-have-my-concerns"
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  "timestamp": "2020-10-04T20:11:27",
  "op": [
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    {
      "author": "ashkharoo",
      "permlink": "aave-a-defi-protocol-has-launched-its-governance-framework-voting-has-started",
      "sbd_payout": "0.036 SBD",
      "steem_payout": "0.062 STEEM",
      "vesting_payout": "568.353463 VESTS"
    }
  ]
}

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  "op": [
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      "title": "Yield farming platform APY.Finance locks $67 million in first hour. What is behind?",
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      "title": "Yield farming platform APY.Finance locks $67 million in first hour. What is behind?",
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      "title": "Yield farming platform APY.Finance locks $67 million in first hour. What is behind?",
      "body": "@@ -754,153 +754,8 @@\n n**.\n-%0AOnce the platform goes live, community can use APY governance tokens to vote on system wide parameters, change / add strategies to the platform.\n %0A%0AI \n@@ -1479,16 +1479,161 @@\n  supply.\n+ Once the platform goes live, community can use APY governance tokens to vote on system wide parameters, change / add strategies to the platform.\n %0A%0AAs of \n",
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      "title": "Yield farming platform APY.Finance locks $67 million in first hour. What is behind?",
      "body": "@@ -750,16 +750,161 @@\n ision**.\n+%0AOnce the platform goes live, community can use APY governance tokens to vote on system wide parameters, change / add strategies to the platform.\n %0A%0AI beli\n",
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      "permlink": "5ssakh-yield-farming-platform-apy-finance-locks-usd67-million-in-first-hour-what-is-behind",
      "title": "Yield farming platform APY.Finance locks $67 million in first hour. What is behind?",
      "body": "Today [APY.Finance](https://apy.finance) opened their liquidity mining program. Within 1 hour of the launch, the platform witnessed total of [$67 million](https://cointelegraph.com/news/yield-farming-platform-apy-finance-locks-67-million-in-first-hour) added to their liquidity mining smart contract.\n\n![image.png](https://cdn.steemitimages.com/DQmWqsBZK8euNh9WicZHQ1EmAVTwJXMmAFAPWE8bpV2TWhc/image.png)\n\n## Why such high interest:\n\nSince the closure of APY.Finance private sale round, **the team worked out on a plan to cheer-up community sentiment and designed liquidity mining in order to have the fair distribution of APY governance tokens in the hands of the community members, thereby truly decentralizing the power over platform economics decision**.\n\nI believe such high interest may be due to some yield farmers forgetting that they are participating in distribution of governance token. **Users who are adding funds to APY.Finance platform are not participating in yield farming any DeFi strategy but mining APY governance tokens instead.** This was already mentioned in the earlier blog post ([1](https://medium.com/apy-finance/introducing-the-apy-token-edac64d0cf6b) and [2](https://medium.com/apy-finance/apy-finance-liquidity-mining-launch-c37f0d2a1172)) by the team. \n\nThe first month will see total of 900,000 APY tokens mined and will vary month-to-month. The total amount of APY governance token to be mined will be total 31.2 million tokens, or 31.2% of total supply.\n\nAs of this writing, I see total of 350+ addresses have already interacted with the APY liquidity mining smart contract address. This is just one day and that already represent the successful implementation of companies goal to make APY governance token truly decentralized and owned by the community.\n\n\n## Closing remarks:\n\nIn my believe the team also did not expected such high interest level and may now have to get back to the drawing board to review the reward scheme. Something similar to SNX staking wherein rewards are generated through the inflationary monetary policy. Usually stakes in Synthetix are escrow for a year and the SNX staking rewards enabled by the inflationary supply are set to decrease gradually until 2023.\n\nCurrently the governance tokens minted from APY.Finance's liquidity mining program are escrow for 6 months and available only for one month and set to gradually decrease in this period.",
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      "title": "Yield farming platform APY.Finance locks $67 million in first hour. What is behind?",
      "body": "Today [APY.Finance](https://apy.finance) opened their liquidity mining program. Within 1 hour of the launch, the platform witnessed total of [$67 million](https://cointelegraph.com/news/yield-farming-platform-apy-finance-locks-67-million-in-first-hour) added to their liquidity mining smart contract.\n\n![image.png](https://cdn.steemitimages.com/DQmWqsBZK8euNh9WicZHQ1EmAVTwJXMmAFAPWE8bpV2TWhc/image.png)\n\n## Why such high interest:\n\nSince the closure of APY.Finance private sale round, **the team worked out on a plan to cheer-up community sentiment and designed liquidity mining in order to have the fair distribution of APY governance tokens in the hands of the community members, thereby truly decentralizing the power over platform economics decision**.\n\nI believe such high interest may be due to some yield farmers forgetting that they are participating in distribution of governance token. **Users who are adding funds to APY.Finance platform are not participating in yield farming any DeFi strategy but mining APY governance tokens instead.** This was already mentioned in the earlier blog post ([1](https://medium.com/apy-finance/introducing-the-apy-token-edac64d0cf6b) and [2](https://medium.com/apy-finance/apy-finance-liquidity-mining-launch-c37f0d2a1172)) by the team. \nThe first month will see 900,000 APY tokens mined, the official blog post outlined, that incentive details will vary month-to-month. The total amount of APY to be mined will be total 31.2 million tokens, or 31.2% of total supply.\n\nAs of this writing, I see total of 350+ addresses have already interacted with the APY liquidity mining smart contract address. This is just one day and that already represent the successful implementation of companies vision of making APY governance token truly decentralized and owned by the community.\n\n\n## Closing remarks:\n\nIn my believe the team also did not expected such high interest level and may now have to get back to the drawing board to review the reward scheme. Something similar to SNX staking wherein rewards are generated through the inflationary monetary policy. Usually stakes in Synthetix are escrow for a year and the SNX staking rewards enabled by the inflationary supply are set to decrease gradually until 2023.\n\nCurrently the governance tokens minted from APY.Finance's liquidity mining program are escrow for 6 months and available only for one month and set to gradually decrease in this period.",
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      "body": "Thanks @josevas217. You gave me tips for my next post. Will cover it in the coming post.",
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      "body": "Hello @ashkharoo\nUsing DeFi not only requires trust, but also makes the processes more reliable and easier to understand for most people, even for those who don't have extensive knowledge about cryptocurrency.\nThe other thing is the cost, and the amount that needs to be used to make it profitable.\nBut, the most important thing is the security aspect, which you have mentioned very well.",
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      "body": "@@ -2265,39 +2265,24 @@\n traders \n-invest in yield farming\n+use DeFi\n . Source\n",
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      "body": "@@ -1,8 +1,111 @@\n+!%5Bimage.png%5D(https://cdn.steemitimages.com/DQmYqLHKNjdrawyDNUaPkwFcZuZq1UdqTvPc46wyMWENUQ5/image.png)%0A%0A\n Recently\n",
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      "author": "ashkharoo",
      "permlink": "defi-yield-aggregator-apy-finance-smart-contracts-audited",
      "title": "DeFi yield aggregator, APY.Finance smart contracts audited",
      "body": "Recently, one of the decentralized finance (DeFi) lending protocols was [attacked](https://cryptopurview.com/bzx-hack-lost-over-8million-due-to-faulty-smart-contract-code/), losing over $8 million due to a faulty code in its smart contracts. The flawed code allowed an attacker to duplicate assets, and increase their balance of the platform's interest-bearing tokens. This was not the first time. The firm was attacked on the same year two separate occasions losing $945,000.\n\nSince then the larger crypto community who are yet to invest in yield farming opportunities has been cautious and holding themselves back in using DeFi protocols. This concern was also voiced out by the community in a survey conducted by ARPA in Jul 2020. When asked the reason for not using DeFi products, 52% of the participants mentioned that they are concerned about the security guarantee of these protocols.\n\nDeFi developers therefore should consider working continuously with auditors (and run multiple audits) to minimize security risks in their deployed smart contracts. It's comforting to see some of the upcoming DeFi teams make security audits as their top priority. [APY.Finance](https://apy.finance/) is one such team. \n\nBuilding a [next-generation yield aggregator](https://cryptopurview.com/defi-yield-farming-automated-for-broader-usage/) which not only looks for the greatest and largest yield farming opportunities but also optimizes gas fees for their users, APY.Finance is launching its product in phases. At each phase of the project, the team is running audits (internal and by reputed external security firms) before launch.\n\nFor their first phase of launch i.e. [Liquidity mining](https://medium.com/apy-finance/apy-finance-liquidity-mining-launch-c37f0d2a1172), APY.Finance has run its code audit from an external firm - HalbornSecurity. Upon [verification](https://twitter.com/HalbornSecurity/status/1311432951398367232), the team at Halborn found that \"the smart contract code follows high-quality coding standards\" and \"does not contain any obvious exploitation vectors\".  **The overall risk score was rated \"Low\".**\n\n## Summary:\nToday only 1% of crypto traders invest in yield farming. Source: [ARPA survey](https://medium.com/@arpa/2020-global-defi-user-survey-report-2c08cc59c192). If decentralized finance is truly going to scale to the masses, the community needs such assurances and transparency (like [APY.Finance](https://apy.finance/) did) to build trust, thereby encouraging mass participation in DeFi projects.",
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      "title": "Aave, a DeFi protocol has launched its governance framework. Voting has started....",
      "body": "DeFi lending protocol Aave [announced](https://medium.com/aave/the-governance-is-in-your-hands-vote-on-the-first-aip-7037af6fcae1) its new [governance framework](https://cryptopurview.com/governance-token-far-reaching-impact-on-defi-protocols/) on the Ethereum main net. With it now the community has power over the platform’s economic resources. Aave is one of the leading lending protocols in the DeFi space. It has over $1.5 Billion crypto-assets locked in its smart contracts.\n\nFor the first official vote, the Aave team has put forward the proposal of migrating LEND tokens to the AAVE token. To vote, users have to connect their wallets in the Aave dApp and select the proposal.\n\nIf approved by the community,\n- The smart contracts designed to facilitate the swap will be deployed. During the migration, users will be able to swap their LEND to AAVE at a ratio of 100:1.\n- Post-migration, AAVE holders will be able to stake their AAVE in a Safety Module (SM). The SM will act as a recapitalization mechanism, so in the case of a shortfall event, stakes may be slashed up to 30% to cover the deficit. In return, those who stake for securing the protocol are incentivized with AAVE tokens.\n\nThe team at a later date also plans to add a percentage of the protocol’s performance fees as an additional incentive.\n\n\n![image.png](https://cdn.steemitimages.com/DQmY3cH2Uci9bfVCcp2wrANNPjgM9e9u1qnySvbq2SrFF6b/image.png)",
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      "body": "DeFi lending protocol Aave [announced](https://medium.com/aave/the-governance-is-in-your-hands-vote-on-the-first-aip-7037af6fcae1) its new [governance framework](https://cryptopurview.com/governance-token-far-reaching-impact-on-defi-protocols/) on the Ethereum main net. With it now the community has power over the platform’s economic resources. Aave is one of the leading lending protocols in the DeFi space. It has over $1.5 Billion crypto-assets locked in its smart contracts.\n\nFor the first official vote, the Aave team has put forward the proposal of migrating LEND tokens to the AAVE token. To vote, users have to connect their wallets in the Aave dApp and select the proposal.\n\nIf approved by the community,\n- The smart contracts designed to facilitate the swap will be deployed. During the migration, users will be able to swap their LEND to AAVE at a ratio of 100:1.\n- Post-migration, AAVE holders will be able to stake their AAVE in a Safety Module (SM). The SM will act as a recapitalization mechanism, so in the case of a shortfall event, stakes may be slashed up to 30% to cover the deficit. In return, those who stake for securing the protocol are incentivized with AAVE tokens.\n\nThe team at a later date also plans to add a percentage of the protocol’s performance fees as an additional incentive.\n\n\n![image.png](https://cdn.steemitimages.com/DQmY3cH2Uci9bfVCcp2wrANNPjgM9e9u1qnySvbq2SrFF6b/image.png)",
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      "parent_permlink": "harmony",
      "author": "ashkharoo",
      "permlink": "harmony-introduction-one-to-rule-all-a-true-decentralized-scalable-blockchain-thoughtfully-designed",
      "title": "Harmony Introduction: One to rule all, a true decentralized, scalable blockchain thoughtfully designed",
      "body": "![](https://cdn.steemitimages.com/DQmTXm6GBEK24CTTqKujLMTHNSFLWW4h9ddnUfHkimDAGrX/image.png)\n\nOver the years, the way we expressed our emotions has changed. It started with cave paintings, but over time we learned the art of sound and began to express ourselves by speaking / singing, then writing, recording the podcast and now videos.\n\nWe are now living in a world where the history of currency will be re-written, started with goods exchange, to using gold or silver, then paper notes, plastic cards and now cryptocurrencies.\n\nIt has almost been a decade since the anonymous person by the name of Satoshi Nakamoto coined the idea of a P2P electronic cash system ‘Bitcoin’ and we witnessed in the year 2017 the virtual currency and its underlying technology started going mainstream.\n\nIt was also the year when we started seeing how it would change the world around us and saw many new currencies introduced. This brought more competition and high push to launch in the market as soon as possible before their competition, compromising on the core values of blockchain (perfect examples, Ripple, EOS, TRON).\n\n**[Harmony](https://harmony.one/) tries to solve the challenges in blockchain (scalability) by keeping the core values of blockchain (de-centralization) intact & ensuring security.**\n\nSo how Harmony is different. Before we understand underlying technology in Harmony, let's first understand the [challenges in the blockchain](https://www.cnbc.com/2018/10/01/five-crucial-challenges-for-blockchain-to-overcome-deloitte.html).\n\n*(1) Energy Consumption:*\nThe Bitcoin network uses the proof-of-work mechanism to validate transactions made on the blockchains. This mechanism requires the computation of complex mathematical problems to verify and process transactions and to secure the network. These calculations require large amounts of energy to power computers solving the problems. In addition to the energy used to run the computers, a sizable amount of energy is also required to cool down the computers.\n\n*(2) Blockchains can be [slow and cumbersome](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem):*\nOnce again due to their complexity and their encrypted, distributed nature, blockchain transactions can take a while to process, certainly compared to “traditional” payment systems such as cash or debit cards. Bitcoin transactions can take a long time to finalize, which means there are inherent problems in the idea that you will be able to use them to pay for a cup of coffee in your lunch hour.\n\n*(3) Security issue:*\nIt is the decentralization nature which gives security to the blockchain, however, due to complex computation power these days miners pool to share their processing power over a network.\n\nMining in pools began when the difficulty for mining increased to the point where it could take months for slower miners to generate a block. The solution to this problem was for miners to pool their resources so they could generate blocks more quickly and therefore receive a portion of the block reward on a consistent basis, rather than randomly once every few months.\n\nThis creates and encourages centralization and risking blockchain core value proposition 0 decentralization. \n```In 2013, top 6 mining pools control more than 70% of overall Bitcoin hashing power. Having greater hashing power will allow someone to alter a record, they could steal a limitless amount of money. ```\n\n## **So, how Harmony [blockchain](https://medium.com/harmony-one/blockchain-and-human-episodic-memory-9a6a4ed685ee) approach helps to solve these problems.**\n\n**First Scalability.** Harmony solves this challenge by introducing [sharding](https://searchoracle.techtarget.com/definition/sharding) at the state level in its blockchain. Sharding vastly improves scalability due to the fact that each node only has to carry a portion of blockchain data in order to complete a transaction.\n\n[Harmony](https://harmony.one/) approach of sharding at the state and network level, along with the use of Kademlia approach for cross-shard communication makes it the most advanced technique for scaling. This approach will get Harmony blockchain to reach up to 10 Million+ transactions per second. The test net already proves the concept viability and showed on trial run speed of 10,000+ TPS.\n\n**Secondly, [Decentralization](https://en.wikipedia.org/wiki/Decentralization),** as explained in the challenge section, due to low return time of weak miners, they are tilted towards joining mining pools which encourages centralization, hurting the core principles of the blockchain.\n\nHarmony protects this by introducing PoS. With this, miners (or validators) don’t have to [race for block award](https://cryptopurview.com/what-puzzle%E2%80%8B-bitcoin-miners-actually-solve/), instead, they stake tokens and depending on the number of tokens staked, they receive voting shares. **Using PoS as validator registration is also energy efficient compared to PoW mining.**\n\nAlso, the addition of beacon chain in Harmony enables miners (or validators) with minimum hardware specifications to easily download the node(state of the shard they join). Instead of downloading the whole blockchain history as with other blockchain projects, miners (validators) in Harmony only have to download block header information which is magnitude much less compared to downloading whole blockchain history. \n\n\n\n**Thirdly on the security.** Sharding based blockchain projects (like [Zilliqa](https://zilliqa.com/), Quarkchain) which use PoW as voter validation process are prone to 1% attack as an attacker can concentrate its hash power on one shard and take control.  The use of Proof Of Stake allows Harmony to easily & effectively (by using random-sampling) take away the attacker’s ability to concentrate hash power on the shard of their choosing, thus eliminating the 1% Attack vulnerability making it a secure blockchain project.\n\n\n**For more details, on Harmony**\n\n- Website: https://harmony.one/\n- Telegram: https://t.me/harmony_one\n- Whitepaper: https://s3-us-west-1.amazonaws.com/harmony.one-website/Harmony+Whitepaper.pdf (Highly recommended read)",
      "json_metadata": "{\"tags\":[\"harmony\",\"blockchain\",\"ico\",\"sharding\",\"cryptocurrency\"],\"image\":[\"https://cdn.steemitimages.com/DQmTXm6GBEK24CTTqKujLMTHNSFLWW4h9ddnUfHkimDAGrX/image.png\"],\"links\":[\"https://harmony.one/\",\"https://www.cnbc.com/2018/10/01/five-crucial-challenges-for-blockchain-to-overcome-deloitte.html\",\"https://en.wikipedia.org/wiki/Bitcoin_scalability_problem\",\"https://medium.com/harmony-one/blockchain-and-human-episodic-memory-9a6a4ed685ee\",\"https://searchoracle.techtarget.com/definition/sharding\",\"https://en.wikipedia.org/wiki/Decentralization\",\"https://cryptopurview.com/what-puzzle%E2%80%8B-bitcoin-miners-actually-solve/\",\"https://zilliqa.com/\",\"https://t.me/harmony_one\",\"https://s3-us-west-1.amazonaws.com/harmony.one-website/Harmony+Whitepaper.pdf\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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