This is one of the most promising and ambitious projects out there! — High Performance Blockchain —
High Performance Blockchain (HPB) is considered by many to be the “Chinese EOS”. but this gem is much more than that.
It delivers a fast and highly scalable blockchain network that will use TOE technology (TCPP/IP Offload Engine) – used to offload the network by sending processing tasks to dedicated, highly customised, hardware acceleration chips (being developed by HPB), freeing computational power to perform other tasks. This will enable the platform to run at up to 1,000,000 TPS as well as having a 3 second confirmation time.
A true blockchain beast isn’t it? With a open source software, it only gets better. And one of the most important aspect of HPB is that they not only focus in software structure, but also hardware!
Their market is the huge companies and industry that use large amounts of data like Baidu, Alibaba, and Tencent. these are absolutely massive Chinese companies. Baidu is their Google, Alibaba multinational e-commerce, retail, Internet, AI and technology conglomerate. It’s the fourth most visited site in the world after Google, Youtube and Facebook. They are also partnered and work closely with NEO. It will be the first blockchain in the industry to support NeoVM (NEO Virtual Machine).
Potential (Comparable analysis)
EOS, HPB’s direct competitor, is currently valued at $9 billion. As of the time of writing, 28 million HPBs are circulating (maximum supply of 100 million tokens). With a current price of $6.22, the project market capitalisation is $138 million. In comparison, the market cap of EOS puts it at roughly 70x HPB’s. In a conservative scenario, with HPB reaching only 10% of EOS’ capitalisation, the coin could see a 700% increase.