Harmony: Bridge Recovery, Roadmap, Adoption

Recorded: Aug. 16, 2022 Duration: 0:42:21

Player

Snippets

One everyone. And space started a few minutes earlier so we can get everyone in here. We're getting started right at 12.
Hey, morning everyone. Morning. We go ahead and get space started just a little bit early so we could get as many people in as possible. Just see how keeping why we get everyone in and settled. We will be having our
Q&A session for the first half hour of the space and then 11.30 to 12. We'll be having the recovery one team come in. We have Matthew and a few others as well and yeah, we'll be getting started here in just a second. - Morning everyone.
Hey, morning everyone. All right. You hear me well? Yes, sir. We can hear you loud and clear. Hey, morning, Jeremy. Good morning. All right. Looks like we've got a good number of people.
Again, just to repeat the Q&A that we're having this morning with Stephen. These questions were taken directly from the talk that Harmony forum post. They were open over the weekend for users to submit questions. We do have a limited amount of time this morning for the space.
But what we're going to do is go through and hit some of the most interacted with questions from the forum and then we'll be following up with answers to as many as humanly possible. We wanted to kind of reiterate up top.
And one thing you guys were asking so many really great questions and questions that we're excited to provide as much information as we can for you guys. So we'll be diving in here to a couple of the highlighted questions within this space and then we'll be following up later this week with
more detailed responses to the ones on the forum. Try to get everybody who asked questions credit for posing those questions. I did kind of bring them in. So if I do not shout you guys out specifically, just roast me on Twitter. It will be fine.
So without further ado, we're gonna go ahead and hop into that Q&A portion. Stephen, are you ready over there? Yeah, awesome. Really awesome. See you here today. Yeah, thank you for joining us this morning and we'll go ahead and get started.
Taking a look at our Q&A questions, I think really one that we've all wanted to know, I've thought a lot about, is the fact that
The question posed by, this was probably creased, and the question that he asked was, how now does Harmony regain a leadership role in Web 3 following events that have occurred with
both Horizon and our grants and Dow funding situations. How do we restore confidence with partners, grantees and community members? Yeah, that's a great question to start. Obviously, the macro market, if not the global
economy and being in such a market and with the bridge incident happened to us, we are still very committed long-term. But how to think about the leadership as a platform in the space and then for us to think about how our partners and grantees are doing is
the top of our mind. The key point here is we must go deep and build a full speed on the recovery plan and then building the back to the bridge so that we can really work with other your system as far as other projects. Still
driving the growth on harmony but also really helping many of the bridge incident victims as far as partners to understand what's applying forward. As you guys know, we are a fruit spill added not just within the team but also we're coming into members.
The broader question of now that both the market as well as our platform are affected, what is the role forward? It's also what I'll be working with the team to get feedback from the community, how our roadmap, as well as strategy, makes sense for the rest of the year.
Awesome. Yeah, and to reiterate that, that's really taking a lot of the feedback, not just from the forum post that we put out today, but previous feedback and feedback going forward to sort of help in communicating that better. Would you say that that is correct? Exactly.
Yeah, yeah, no, absolutely. And again, that was probably priest on the forum just to make sure we get everybody's question credits out there. To kind of segue into the next one. Dealing with the market downturn is what
well as issues that were more specific in harmony. So our treasury issue, our horizon bridge instance, taking a look at all those kind of holistically, now that we've had some time to sort of unpack those. From a leadership perspective,
How do you feel like your thoughts on how we go forward and how we go deep? How do we do that to really restore faith with the community? I think communication and engagement are the key here.
The last many months since the beginning of the year, I think we finally have been re-engaging many of the community and validators as far as our partners and events. What have become lacking is there are quite a change even in the space but for sure even our strategy.

FAQ on Harmony: Bridge Recovery, Roadmap, Adoption | Twitter Space Recording

What is the purpose of the q&a session in the podcast?
The purpose of the q&a session is to answer questions that were submitted by users over the weekend through the Harmony forum post.
What is the main question being asked in the q&a session?
The main question being asked is about how Harmony plans to regain a leadership role in web 3 following the incidents with Horizon and grant and dow funding situations.
What is Harmony's plan to build back confidence with partners, grantees, and community members?
Harmony's plan is to go deep and build a full speed recovery plan, focusing on building back the bridge and working with other projects in the system. They will also be working with the community to get feedback on their roadmap and strategy going forward.
What is the key focus for Harmony in dealing with the market downturn and specific issues in Harmony?
Communication and engagement are the key focus for Harmony in dealing with the market downturn and specific issues in their platform like the treasury issue and the Horizon bridge instance.
What has become lacking in Harmony's engagement with the community and validators?
There has been quite a change in the space, but Harmony's strategy has become lacking in their engagement with the community and validators.
What are some of the specific incidents that have affected Harmony's platform recently?
Some specific incidents that have affected Harmony's platform recently include the Horizon bridge instance and issues with grant and dow funding.
What is the plan for Harmony's recovery after these incidents?
Harmony's plan for recovery is to build back the bridge, focus on their full speed recovery plan, and work with the community to get feedback on their roadmap and strategy going forward.
What is the importance of Harmony regaining a leadership role in web 3?
Regaining a leadership role in web 3 is important for Harmony in terms of driving growth and working with other projects in the ecosystem.
What is the format of the q&a session in the podcast?
The format of the q&a session in the podcast is for the host to ask questions submitted by users, and for the guest to provide answers to those questions.
What is the goal of the podcast recording?
The goal of the podcast recording is to have a q&a session with a guest to discuss recent events and issues in Harmony's platform, and to provide insights and updates on how they are addressing those challenges.