Harmony developers propose shutting down blockchain due to security concerns
- Developers of Harmony plan to voluntarily shut down the network, citing increased threats from state actors and AI agents.
- The decision comes as security challenges have made maintaining the blockchain increasingly difficult.
- In place of the blockchain, ONE emissions will be redirected towards an AI video business initiative.
The move reflects growing concerns in the cryptocurrency space regarding security vulnerabilities linked to advanced technologies like AI. Developers are prioritizing safety and potential profitability through new ventures over continuing operations under current conditions.
Harmony’s shift to redirect ONE emissions into an AI video business highlights a significant pivot in strategy amidst rising security threats. (Source)
