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Overview:

High Performance Blockchain (HPB)

30th of January

Nutshell

  • HPB (High-Performance Blockchain) is a block chain hardware and software architecture, which includes a chip acceleration engine and the blockchain platform.

  • The aim is to solve the scalability and performance of the currently operating blockchains by working with them.

  • It is aiming to be used by the likes of Google, Uber, and BAT or any other projects that require the processing of millions of active users each day.

  • Team is based in China and they had ICO in June and July.

Nutshell

Usage

  • HBP is considered an EOS of China since it is designed with the goal of being an easy-to-use, high-performance blockchain platform.

  • To achieve that HPB was created based on an architecture similar to an API operating system and is introducing something called GVM (General virtual machine )

  • GVM is the solution used to allow HPB blockchain to work with other blockchains to enhance them and help them to scale.

  • Initially it will be working with NEO and Ethereum. HBP has been deeply involved with NEO from the beginning with angel investment coming from NEO.

Tokens

  • The software architecture offers features like accounts, identity and authorization management, policy management, databases, and asynchronous communication across thousands of CPUs.

  • The token utility value is providing voting consensus to determine the updates and progress of the project.

  • It will also be used to provide data access licenses and requests data (for example, different hospitals' medical records). HPB tokens can be charged for the transaction costs.

Availability and price

  • HBP is available on only two exchanges:
  • Bibox: 99% of volume
  • Allcoin: 1% of volume

This means you pretty much have to use Bibox to purchase the tokens.

  • Bitcoin is the more popular pairing (51% of volume), also paired with Ethereum with 49% of volume.

  • Current price as of 30th of January is around $X.XX with HBP being ranked on XXXrd place in terms of the market .

  • Around 22M out of 100M of the HBP is in the circulation so quite a lot of new tokens will be introduced.

Availability and price

Price graph

Price graph

The ATH is $13.65 and was achieved on 13th of January not long after exchange listing.

Other aspects

  • According to roadmap HPB 1.0 testnet will be launched in March 2018 this is also when it will become open source.

  • Mainnet will be launched in June 2016

  • There are 16 team members currently listed on the website. There is currently one open positions available.

  • There's very detailed roadmap available but it supposed to be updated. The date to look for is May when new version is supposed to be released.

Other aspects

My verdict

  • There are big updates upcoming for iExec in the upcoming months.

  • The team seems to be concentrating on making partnerships for the dapp store. The dapp challenge result will be annouced on 26th so this should help.

  • In terms of the price it has been quite steady until the Binance listing which caused crazy spike.

  • I think due to significant development updates upcoming RLC appears to be an interesting option and is currently not in the top 100 in terms of the mcap.

  • I personally will hold on for now, but will consider the closer we get to V2.
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