Aeon AEON to Harmony ONE Exchange

Crypto Pair Details: AEON to ONE

Aeon AEON

Aeon is a mobile-friendly, lightweight privacy coin. Similar to the way that Litecoin is a lighter supplement to Bitcoin, you can look at Aeon as Monero’s little brother. The Monero community is wholly focused on privacy and anonymity for the end-user. This focus has its perks but has caused the coin to fall behind from a usability standpoint. Aeon builds upon Monero’s CryptoNote hash while adding some lightweight functionality of its own. Aeon is the lighter, faster version of Monero. Although both projects share the same underlying privacy protocol, CryptoNote, Aeon is striving to be more accessible. The project is doing so by implementing a lightweight mining algorithm, smaller blockchain, and optional anonymity. As Monero grows, Aeon could very well grow with it. While you would use Monero for transactions in which you want to assure privacy, you may find Aeon to be a suitable substitute for day-to-day exchanges in which guaranteed anonymity isn’t as important.

Harmony ONE

Harmony’s open, decentralized network is enabled through the use of the native protocol token - Harmony ONE. The token incentivizes and rewards a variety of participants including developers, validators/stakers, investors, and community members who develop, secure and govern the network. In order to use the network, users pay a small transaction fee denominated in the native Harmony token. Harmony’s scalable, high-throughput protocol is powered by a native token which is used for various forms of payment and participation in the protocol (staking, transaction fees, voting & governance). Harmony uses blockchain to align incentives of different stakeholders, developers and businesses while allowing them to build open marketplaces of fungible and non-fungible tokens and assets. Furthermore, the upcoming application of zero-knowledge proofs will allow Harmony to become a data sharing platform that can overcome the conflicting problem plaguing many information and data markets: that individual market participants’ have mutual distrust to share data but strong desire to acquire data themselves. The Harmony token will function in the following aspects of the protocol: The token is used for staking, which is necessary to participate in the POS consensus & earn block rewards and transaction fees. The token is used to pay for transaction fees, gas and storage fees. The token is used in voting for on-chain governance of the protocol.

SOURCE: COINGECKO

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