Entries Published On February, 2019
Terra plans to implement a two token solution to help stabilize the Terra assets. This will include Luna and Terra tokens. The Luna will represent mining power within the network and help stabilize the Terra to be pegged to a standard asset. These two assets will work together through a complicated algorithm described in their white paper. The system will operate with a proof-of-stake model to incentivize users to hold their Terra rather than constantly spending it.
The team behind Harmony aims to create a new ecosystem for decentralized applications. The team plans the Harmony network to operate in a manner that will allow for high-throughput, low-latency, and low network fees. With this network, the world should be better equipped to deal with the world’s data using open and decentralized infrastructure.