The blockchain technology although relatively new, is doing exceptionally well in various sectors of the human society with revenues amounting to billions of dollars since it started functioning. Asides from being a ground breaking innovation that seeks to provide solutions to indigenous problems, It has also been a source of income to various users from profits derived as well as ease discovered in itsusage.

As advantageous as it is, it is facing a major challenge of low transaction speed (scalability) due to the gazillion numbers of people utilizing the network at every point in time. This issue has discouraged investors and new people from its further acceptability. This happens because the low scalability will eventually slow down transactions and therefore reducing efficiency.

In an attempt to curb this, several platforms have brought up different ideas all of which only accumulated to 3000 tps. EOS was recently created to battle this issue. After boasting of a scalability levels reaching up to 1million transactions per second, It could only muster up a tps of 100,000 with a lot of stress, when it was put to test.

For the blockchain technology to actualize it's potential, it is imperative that a better alternative be proferred as a matter of urgency. This is why the High performance blockchain was designed with software programs and hard ware systems to improve scalability.

The High performance blockchain

This is a blockchain technology created with the aim of improving scalability in the blockchain industry by creating a high performance software incorporated hardware system and several other important components.

High performance blockchain is designed in such a way that data transaction is increased to about 1000000 transactions per second and thid is because it has been integrated with open source software and hardware accelerated chip technology. It contains highly technical computing blockchain concept. High performance blockchain is also structured in such a way that it makes use of consensus algorithm, data compression, acceleration, data encryption and others which makes it possible for millions of users to Access it.

Features of High Performance blockchain

The various features of High Performance blockchain are:

Open source

This feature makes it possible for app developers to create their own decentralized apps (dApp) and gives users opportunity to use it free of cost.

Acceleration Engine

The backbone of the platform is enforced by this feature as it created on the basis of blockchain dedicated acceleration units which are hardware and firmware acceleration with software engine.

DPoS Consensus Algorithm

This is known as Delegated-proof-of-stake, with the help of block producers that are appointed by voters, a new block is produced every 3 seconds with the skipping of any block production that fails. Blockchain in the care of DPoS Consensus Algorithm are fully kind therefore increasing confirmation time to less than 3 seconds.

The modes created by his algorithm accommodates chains from different sources be it public or private. The presence of BOE and ECDSA module raises the security of the platform as they are the most advanced security conscious technology available at the moment.

Blockchain APIs

The platform makes use of JSON-RPC and RESTful APT to support all blockchain reactions.

Application SDKs

The software development kits will be used to build up several programming languages that are to be used for blockchain operations and functions e.g. Java, JavaScript etc.

Smart contract

This feature will support general virtual machines as well as have the ability to add more new ones as one goes on. it currently can support the Ethereum virtual machine which is commonly used in the creation of smart contracts and Neo virtual machine which is used in the finance industry while adding adaptive characters.

High performance blockchain offers various benefits to users which are:

HPB is integrated with both software and hardware which makes transactions faster for users which will only keep getting better with an upgrade of both hardware and software.

The platform works well with the Ethereum virtual machine and Neo virtual machine which is of advantage to users that are gamers as they can enjoy virtual reality games.

HPB will be able to support millions of users at a go which means active users can use the platform effectively without fear of getting hanged at one spot due to increased traffic.

In conclusion, HPB platform solves efficiently scalability issue that has been challenging the blockchain industry by greatly exceeding the bottleneck of the industry.

Token Feature

100 million of the HPB token will be released and this will be divided in percentages to all sectors of the ecosystem. The HPB token is already on coinmarketcap and you can purchase it on kucoin, Bibox and Bit-Z exchanges.

Stay updated with the project here;
Website: https://www.gxn.io
CMC: https://coinmarketcap.com/currencies/high-performance-blockchain/
Telegram: https://t.me/hpbglobal
Facebook: https://www.facebook.com/HPBGlobal/
Twitter: https://twitter.com/HPB_Global
GitHub: https://github.com/hpb-project
Reddit: https://www.reddit.com/user/hpbteam

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Author: cryptoboss12