Harmony, Second Layer Scalability Solution with Unique Partitioning Architecture, Becomes Latest Orbs Partner
Orbs Protocol is a cross-chain product focused on EVM-compatible smart contracts. Today, it added one more blockchain platform to its ecosystem of partners.
Orbs integrates Harmony for better performance and a cross-channel experience
According to the official announcement shared by the Orbs team on their blog and social media accounts, they have entered into a long-term partnership with Harmony, an advanced Layer 2 scalability solution on top of the Ethereum blockchain (ETH ).
To reaffirm its focus on chain-agnostic multi-layer infrastructure, Orbs already integrated all top-tier smart contracts blockchains, Ethereum, BSC, Polygon, Solana and, most recently, Avalanche.
These Orbs integration solutions are now available on several decentralized finance (DeFi) protocols (UniSwap, SushiSwap, PancakeSwap, Kyber Network, 1inch, Alpaca Finance, Beefy Finance, QuickSwap, DinoSwap, Raydium, Trader Joe, Pangolin, etc. .).
As such, Harmony, with its advanced performance and technology supremacy amid all of Ethereum’s L2 protocols, is a natural expansion of Orbs’ ecosystem.
Orbs is also known as a premier interoperability project: it was the first protocol to go live in the centralized and decentralized versions of Binance, a leading cryptocurrency exchange. Harmony is the second project funded by an initial decentralized exchange offering on Binance Launchpad.
Combining EVM compatibility with FBFT and sharding: What is Harmony?
Besides scalability, Harmony protocol addresses cross-blockchain interoperability: its team develops bridges between Ethereum, Binance Smart Chain, Terra, Polkadot, Bitcoin and many other blockchains.
Harmony recently surpassed $ 520 million in total locked-in value while its main DeFi protocol, DeFi Kingdom, is responsible for over 60% of that monstrous sum.
Harmony’s technology stack boasts a number of revolutionary solutions, including highly scalable FBFT (Fast Byzantine Fault Tolerant) consensus with BLS signatures, sharded Proof-of-Stake (PoS) and Kademlia routing and erasure encoding toolkit.
This combination of solutions makes Harmony a highly scalable, secure, high performance, attack resistant and resource efficient service.
