Harmony Protocol Pauses Its Bitcoin Bridge Internal Vaults

Twitter icon  •  Published एक महीने पहले  •  Hassan Maishera

Harmony Protocol told its community via Twitter on Wednesday that it had temporarily paused its Bitcoin bridge internal vaults.

Harmony Protocol told its community via Twitter on Wednesday that it had temporarily paused its Bitcoin bridge internal vaults. The move is to allow its engineers the opportunity to enhance the security of these vaults over the coming days.

However, the external community vaults are unaffected and continue to operate, Harmony Protocol added. 

Harmony is a fast and secure blockchain for decentralized applications. Harmony's main focus is on achieving scalability by dividing not only the network nodes but also the blockchain states into shards, "scaling linearly in all three aspects of machines, transactions and storage".

ONE, Harmony Protocol’s native token, is up by more than 1% in the past 24 hours and currently trades at $0.01813.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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