Advertise
Harmony Plans to Shut Down Mainnet After 7 Years, Move ONE to Ethereum
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
Harmony has proposed shutting down its Layer-1 blockchain after launching its mainnet in 2019 and migrating ONE to Ethereum. The plan calls for a final-block snapshot followed by an airdrop of ONE as an ERC-20 token on Ethereum. Harmony cited growing threats from state actors and AI agents and plans to shift toward an AI-powered video “remix economy.” Users have been urged to exit smart contracts before September 10, as multisig wallets, liquidity pools and on-chain applications will not migrate.
Was this writing helpful?
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
