'The age of convenience'

In this day and age, speed is everything. We are a generation of impatient people that expect things to get done instantly. Gone are the days of waiting, we are always looking for the most efficient solutions.

There are many examples I could mention. We no longer have to walk to our local high street to rent a movie, we can simply turn on our TVs, select Netflix and watch pretty much anything we want immediately. The same goes for getting our groceries, we can order our weekly shops online and some services like Amazon Prime can deliver your food and other items in less than an hour in certain locations.

After a night out you do not need to wait hours to get a taxi home or leave early to get the last bus or train, we can simply open the Uber app on our smart phones and normally there is a cab that can come pick you up within minutes.

All of these small changes have helped business and society change in many ways. You could almost say we are in the age of convenience, and you could say that this is partially the reason why blockchain based projects and cryptocurrency have become so popular.

We want faster payments with more security and less fees. We want constant improvements and this is what the blockchain provides. The competitive nature of different companies trying to release the next big platform or DAPP means that we are seeing the blockchain develop at an incredible speed.

One project that is paving the way is the High Performance Blockchain or as it is otherwise known, HPB.

'Dual approach of software and hardware'

The High Performance Blockchain uses a dual approach of the latest software and accelerated hardware to achieve rapid network speeds and unheard of TPS. It is rumoured after completion they could potentially achieve 1,000,000 transactions per second. Just to put this into comparison, Ethereum's average TPS is 10-25, Bitcoin's TPS is around 7. That sort of shows you how powerful and efficient the HPB blockchain could be.

Now you ask, how will they achieve this? HPB have created their own bit of technology called the Blockchain Offload Engine (BOE) It is made up of hardware, firmware and software. It is HPB's own unique creation and it will act as a processing system. This is very uncommon amongst most blockchain projects as we normally only ever hear about software breakthroughs, rarely do we see projects develop their own original hardware.

The High Performance Blockchain will be the number one choice for DApps and businesses in the future because it will be able to process millions of TPS, it will have a rumoured 3 second block time and it will be able to confirm transactions in seconds. This is big news because it's a major improvement on the current state of blockchain platforms. I use ETH on a daily basis and I must admit it is extremely frustrating seeing how long it takes for transactions to go through, but I will continue to use it because of its popularity. However, this doesn't mean I would not use HPB when it is ready in the future and hopefully it can be as successful as ETH, maybe even more.

'Slumping crypto markets and communication problems'

All start ups and new businesses experience teething problems but the most important thing to do is to remain positive. The problems facing HPB are slumping crypto markets and perceived communication and marketing problems. It is important for HPB to find a balance between keeping on top of development and making sure they satisfy their investors and supporters by securing partnerships and making sure they are kept up to date with the latest news.

Another problem they are facing is competition. What HPB offer is very different to their competitors but they need to make sure is that the crypto community do not forget about them. There are hundreds of new blockchains that have been released this year, all of them promise the world to their investors but many are not feasible businesses and their ideas are not viable.

HPB can remain relevant and they will be able to do this by solving the problems I mentioned in the first paragraph. They need to focus a bit more on their social media and maybe run a new marketing campaign towards the end of this year. I know this isn't a popular technique for experienced investors and die hard fans as many people think its spam or shilling but the thing is bounties and airdrops keep a projects name on people's minds.

I think HPB has great potential and I think they have a lot of unique selling points (USPs), I hope to see them do well in the future and I will keep an eye on their project.

HPB Links:

Website - http://hpb.io/

Whitepaper - http://www.hpb.io/files/hpb_white_paper_en.pdf

GitHub - https://github.com/hpb-project

Reddit - https://www.reddit.com/r/HPB_Global/

Telegram - https://t.me/hpbglobal

Twitter - https://twitter.com/HPB_Global

Facebook - https://www.facebook.com/HPBGlobal/

Join their mailing list - https://jinshuju.net/f/YxpcOT

Email - [email protected]