1.20 Objectives & Principles

Armonia is a mother-and-child multichain blockchain platform, wherein Armonia Meta Chain (AMC) is the mother chain to all other sovereign Armonia Child Chains (ACC). AMC is designed to be highly secure and highly performant chain with very low or even zero transaction fees. It also supports inter-blockchain bridging and mirroring of assets capable of supporting numerous DAPPs to be built on top of the platform. Under a multichain architecture, Armonia is poised to support at least one billion users worldwide.

Core Objectives

• To build a unified account and transaction addressing/routing system for the entire Armonia multichain universe;

• AMC will issue a native token $AMAX, which will serve as the foundational value engine and trust anchor for the entire multichain based ecosystem;

• To provide layer-0 and layer-1 blockchain template implementations and SDK which enables rapid blockchain creation and deployment for vertical application domain specific child chains that can inter-operate with AMC freely for asset mirroring and bridging;

• ACC chains can be homogeneous chains or heterogeneous chains, public chains, private chains or alliance chains, etc., which can have their own choices and formation of consensus algorithm, virtual machine, block interval, finality and permission scope, etc. that determine a unique blockchain system;

• After registering and staking escrow via the AMC chain, all distributed Internet resources (including distributed file storage, computing and networking, etc.) can be easily accessed and accurately metered. There will be various onchain charging models and open markets for all Web3.0 resources available throughout the Armonia network. The Armonia multichain platform can therefore become the cornerstone of the metaverse.

Design Principles

• Secure and reliable: to ensure AMC has a characteristic of being highly decentralized. Any malicious activities can be detected, corrected and penalized, if not avoided on a timely basis. Therefore, all assets onchain can be truly safe guarded；

• Extensible: through modularized "lego-style" building blocks, Armonia's blockchain system can be combinable, replaceable and extendable;

• High performance: AMC can achieve 5000+ TPS and generate blocks at 1 second intervals. In addition, through utilizing multiple ACC chains, transactions can be grouped or segregated into different ACC chains to achieve sharding effects and acquire massive parallel processing speeds. As the total number of ACC chains can be infinite, the overall performance would thus also be infinite.

• Personalized: the characteristics of the ACC chains can be tailored, whereby Armonia's multichain platform can support infinite kinds of demands from the over-laying ecosystem; and

• Simply: Armonia's multichain platform avoids any form of over-design or over-implementation to ensure the entire network maintains its overall security, reliability and agility.