Harmony ONE Developers Propose Shutting Down Blockchain

The development team behind the Harmony network recently proposed a plan to shut down their blockchain permanently. They argue that the network currently faces too many security risks from advanced AI agents and sophisticated state actors. Because of these challenges, the team believes maintaining the current infrastructure is no longer practical.

Under the new proposal, the developers want to stop all network operations and redirect the remaining ONE token emissions into a new business venture focused on AI video production. The team suggests that focusing on this new sector provides more growth potential than continuing to support the existing blockchain platform.

This shift marks a significant change for a project that once aimed to be a major competitor to Ethereum. Token holders and network participants will be watching closely to see if this transition moves forward. For now, the future of the network remains uncertain as the community reviews the proposal.