High Performance Blockchain

High Performance Blockchain

HPB
$0.02777978%406.90

Key Metrics

Price$0.02777978
Real Volume (24H)$13,507.05
Marketcap$2,029,867.1
Fully Diluted ValuationN/A
ATH$8.81
ATH Date1/29/2018, 12:00:00 AM
ATL$0.00751227
ATL Date12/11/2022, 4:33:14 PM
Circulating SupplyN/A
Total Supply100M
WebsiteN/A
WhitepaperN/A
Popularity Rank2051
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What is High Performance Blockchain?

High Performance Blockchain (HPB) is a novel blockchain architecture that combines both hardware and software to tackle the scalability problem that is currently hampering growth in the blockchain industry. HPB is a permissionless structure that aims to add value to businesses while solving problems for consumers.

As the adoption of blockchain technology grows, the transaction volumes are also increasing, leading to congestion and slowdowns in the network. This, in turn, leads to higher transaction fees, making it difficult for developers to develop dApps. The HPB platform aims to solve these issues by offering a novel approach of open-source hardware and software architecture.

The hardware architecture of HPB offers a streamlined approach to security, data collection, and data integrity. It performs the main blockchain processes like signature verification, consensus mechanism, and computation, thereby optimizing the software by reducing the workload on the parent system. The software architecture mainly acts as an interface, which is a customizable tool for the user. This approach aims to add value in terms of high transactions per second, a fully customizable interface, low maintenance costs, and data and system security.

HPB uses a proof-of-performance (PoP) consensus mechanism that considers the performance contribution of each participating node and other factors in the calculation. The native coin of the platform is also called HPB and is a governance token that incentivizes node holders.

The HPB Foundation, led by founder and CEO Wang Xiaoming, operates and develops the High Performance Blockchain architecture. The team consists of approximately 50 professionals, all from top universities and companies with relevant industry experience.

The total initial supply of HPB was 100,000,000 coins. The team adopts an inflationary model for coin circulation wherein the coin supply increases over time.

In conclusion, the High Performance Blockchain architecture offers a novel approach to tackle the scalability problem that is currently hampering the growth of the blockchain industry. The combination of hardware and software architecture provides advantages such as high transactions per second, a fully customizable interface, low maintenance costs, and data and system security. The team behind the project consists of professionals with relevant industry experience, and the native coin of the platform, HPB, is a governance token that incentivizes node holders.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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