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Next Binance Launchpad Project is Harmony Protocol

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Next Binance Launchpad Project is Harmony Protocol

Binance today reveals through a tweet about its next project on Binance Launchpad. The next project will be Harmony protocol for which the details will be revealed on May 15th.

Binance tweets, “Introducing the harmonyprotocol token sale on #Binance Launchpad. #Harmony is an innovative high-throughput, low-latency, and low-fee consensus platform. Further details of the sale & metrics will be released on May 15th, with an improved & more condensed lottery schedule.”

Matic Network was the last project that was launched on Binance Launchpad. The token sale format for Matic was Lottery scheme and the same will be for the upcoming token sale of Harmony. Matic final result was announced on 25th April 2019 and the total number of winning tickets was 16666.

Basically, Matic Network is a Layer 2 scaling solution that achieves scale by utilizing sidechains for off-chain computation, while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators.

About Harmony Protocol

Basically, Harmony is an open infrastructure that aims to scale blockchain to 10M transactions/second and 100-millisecond latency for 10B people in the future. Harmony builds a high-performance consensus platform that will enable decentralized economies for everyone.

Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.