High Performance Blockchain(HPB) is it worth to buy?
A pleasant day to all of you guys! Today I will going to share my thought about High Performance Blockchain. Let me remind you guys that this is not a financial advise, do all what you want, do your own research and diligence. Are you looking for an investment that has a potential in the future? We'll if you continue reading this, it looks like you are interested in this.
So what is High Performance Blockchain?
According to their whitepaper, " HPB (High-Performance Blockchain) is a new kind of block chain hardware and software architecture, which includes a chip acceleration engine and the blockchain platform, aiming to realize the performance extension of distributed applications. Positioned as an easy-to-use high performance blockchain platform, combined with industry depth to meet real business needs. This is done by creating an architecture that builds an application's similar operating system. The software architecture provides account, identity and authorization management, strategy management, database, asynchronous communication, and thousands of CPU and FPGA or cluster program scheduling. By the implementation of a new architecture, the blockchain can support millions of transactions per second, and second level confirmation.”
Basically they will not only use software just like any other blockchain projects but they will combine both software and hardware! Sounds great right? Let me give you an example of an ordinary blockchain, so a Blockchain A is like a laptop that you buy in stores so when you use the brandnew laptop, its speed is very fast but when the time goes by when you install softwares, the speed is gradually decreasing just like Ethereum it has a very slow confirmation when there a huge volumes of transactions.
Can you imagine if the you use a software that has a speed of 20x plus a hardware with a speed of 20x? You're total speed will become 40x which is 100% more faster! This is what HPB will be offering to use. They will solve the of most blockchain projects in terms of TPS so the evolution speed will never end as well as they will try to reduce the cost of transaction and application which is anti-DDOS attack.
HPB is built to collaborate with Ethereum and Neo. This is a very genius innovation by the team which currently no competitors on the market. And I believe when they launch their hardware project and they will start the marketing, this project will be known to everybody and the price will skyrocket just like Neo in the last year.
The founder is Wang Xiao Ming. He's been an early blockchain innovator in China for years and has written three books on blockchain technology and spoken at multiple crypto/blockchain events. He's been connected with NEO since day one. And is a previous employee at Union Pay. The rest of the team has been assembled from Huawei, Intel and other major Chinese companies.
Their advisors include the executive president of UnionPay( China’s biggest financial service operator. To give you an idea of how big they are, they annual transaction volume is larger than Visa and Mastercard’s combined) , a noble prize winning physicist, and the president of the very successful Dongfang Fuhua Fund.
For more info visit their website www.hpb.io
About the author: [email protected] 7/30/18
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