High Performance Blockchain (HPB)— The Chinese EOS — 100x Potential

HPB is touted as the Chinese EOS but forget that comparison. It will simply be known as THE High Performance Blockchain.

High Performance Blockchain (HPB) is a new approach to solving one of the most critical problems facing all blockchains today namely…

Scaling

Low transaction speeds and excessive latency plague blockchain networks around the world, preventing widespread practical adoption by businesses and consumers. HPB will solve this problem and meet true business needs by creating a platform designed to handle millions of transactions per second. It will consist of both hardware and software architecture, placing it ahead of current platforms which seek to solve the same problem through software-only solutions. With a target of 1 million TPS and a 3-second confirmation time, HPB aims to become the standard for all major business applications in industries that require handling of billions of data points with extremely low latency.

Oh, I forgot to quickly mention the fact that they are working with NEO. Maybe these guys can help with the TPS of Generation 2 Blockchain NEO? Just saying.

HPB testnet launched in Q1 2018, the tentative date for the mainnet launch is Q2 2018. This mainnet is literally just around the corner and coincides with another beast of the blockchain in NULS. This year is going to be really interesting in regards to the Generation 3 blockchain arms race!

Disclaimer: I am in no way affiliated with HPB, I am writing this article off my own back as I believe in the project. Do your own research before investing your hard earned cash money.

Token metrics: Circulating Supply 29.7m, Total Supply 100m. Price as of writing US $3.20c.

Before I continue, once you’ve finished reading, please clap this article (you can clap up to 50x). The claps are much appreciated and let me know that I should continue to produce crypto-spheric articles… onwards!

Nodes. Beautiful nodes. Yes there will be a node system namely — 3 levels of network nodes: High Performance nodes, Pre-nodes, and light nodes. I will update this section as soon as specs and node criteria is announced.

Now, the most important part (after the actual idea fundamentals of course).

I have just signed up to Twitter — https://twitter.com/CremeDeCrypto

The Team — All Star reputations

This is where the Western interpretation of projects can come unstuck, they simply can’t pull enough solid data on the Chinese teams and we all know that having an experienced team is a must. I have seen other articles simply state that unfortunately there is not much information in this respect apart from whats on the Chinese site. This however, is incorrect. There is plenty of information to dissect including that…

Founder & CEO — Wang Xiao was invited to a conference at Stanford University to speak about future applications of the blockchain. Wang is very well networked in the ultra-niche technical blockchain space and he comes with a monster reputation in China having written many technical papers on blockchain real-world applications. He is also a former high ranking team member of UnionPay China, remember this.

Co-founder & CFO — Li Jinxing (PhD), a research and blockchain expert who was a former analyst at Guotai Junan securities, one of the largest investment banks in China.

Co-founder & CTO — Li Xu who spent 6 years as an IT Manager with non other than Huawei.

Advisor — Wan Zongru, who was part of a CERN-related experiment and research group which went on to win a Nobel prize (nice).

Now here comes the Ace in the deck so remember this connection.

Advisor — Kai Long, Executive President of UnionPay Smart who has worked alongside Wang Xiao. Now lets see who actually read this far because as of approximately the 1st July 2018, HPB begin their partnership with UnionPay. Now listen, UnionPay had a transaction volume of 15 trillion over 2017 and it took the top spot for overall transactions from Visa in 2016. Wow!

Advisor — NEO. Enough said. Credentials looking very strong.

Other notable advisors inclue Lei Zhen, the founder of Bibox and co-founder of OKCoin plus Liu Jialing, who is in the BitShares committee.

The HPB CEO was invited to speak at a Nebulas meetup session in Shenzhen last December to speak about the technical advancement & integration of blockchain tech so is a future partnership with Nebulas in the pipeline? Noted.

Please read the HPB March progress report by clicking here.

Read the HPB Public Testnet announcement from April here.

Read the non-technical whitepaper here.

Outro…

Let me back up a bit and tell you a short story, a story about yours truly. I am a Senior Data Scientist by profession, I see patterns in numbers and have made previous employers (ASX top 50 listed) and now my new employer (me) copious amounts of money through this medium (copious is open to interpretation but copious is oodles). I have been dwelling in the cryptosphere since 2013, I have seen a lot including the demise of Mt. Gox and the subsequent scramble to secure my BTC. Now, I’m going to tell you that you don’t need to be a genius to make money in this space, it’s the Wild West, it’s the speculatory heaven of fiat heretics and whale-like beings who induce waves of undulating panic. If you can follow trends, ignore the FUD and carry out quality research, you will succeed in this space, with patience.

Generate wealth with me. Peace.