⚡️⚡️⚡️ [ANN] HPB – Unlimited Speed Evolution ⚡️⚡️⚡️

[HPB]

Tech & product updates: http://www.hpb.io/post/169

1. R&D Progress

1.1 Technical Project Progress

1) MainNet

The new version of the ongoing MainNet Performance optimization (incl. bug fixes) has reached the stage of compatibility testing.

Given the increase of Smart Contract usage on the HPB blockchain, we started to run a round of compression tests in order to provide optimized solutions for DAPP developers.

2) Middleware

The second phase development of UnionPay has completed the collection and analysis of the demand as well as its function design. Once we get the confirmation from UnionPay, it is expected to start functional development in Q2.

3) Application

The HPB Wallet Payment Solution and gateway for DApps is aims to provide a secure digital payment solution for third-party applications. The team has completed scripting the general protocol and finished the verification and testing.

1.2 Product Progress

1）HPB Wallet
 
The upcoming update of the HPB Wallet V1.3.0 has entered the coding phase. This version will add functions such as cryptocurrency payment, one-click authorization of the third-party DAPPs log-in, and transaction signature transmission, as well as the interface optimization.
 
2）HPB C.Wallet (Cold Wallet) NB: Ledger & Trezor integration
 
The HPB Cold Wallet, dubbed the HPB C.Wallet, has been undergoing function design and development. It will be released together with HPB Wallet V1.3.0. The cold wallet functions include transaction signature, asset synchronization, private key management and transfer etc.
 
3) HPB Scan
 
A complete overhaul of HPB block explorer, HPB Scan V2.0 has completed stress testing and is about to go live. Given community demand, we are considering to publish a testnet surrounding our blockexplorer.

[HPB]

Ongoing:

New explorer
https://hpbscan.org/

[cyril178]

Nice new explorer ! keep going HPB

[HPB]

Wang Xiaoming, founder & CEO of HPB gave a huge Q&A session on WeChat yesterday.

https://medium.com/@kryptodave2/q-a-with-wang-xiaoming-founder-of-hpb-c8c899a39270

some highlights:

"Q6: What was the idea behind translating the Ethereum documentation early on?

Three years ago, there was basically no blockchain-related information, and there were fewer technical aspects. On the one hand, it is about the need to understand the cutting-edge technology of the blockchain. On the other hand, it also hopes to let more people understand the blockchain and join the industry."

"Q10: You are called “Blue Lotus” in China. How did this title come about?

Thanks to those who are supporting me and for giving me such recognition with this title. In the early days of this branche, I have been doing blockchain technical knowledge evangelism. So I published 72 chapters and more than 30 issues of the “Mingyue” blockchain audio commentarys. I also wrote the book “Blockchain Development Guide” during that time and I believe that many of the branch’s technical geeks have gained an in-depth understanding of the blockchain through my articles and books in the early days.
In addition to the Blue Lotus: I like the song — Blue Lotus. It’s lyrics reflect the perseverance of quality, which is what our entrepreneurs should have"

Q21: How to break the blockchain performance bottleneck through hardware and software?

HPB combines hardware and software to improve performance and reduce node cost. We improve performance by making optimization of node performance, network optimization, and hardware and software optimization consensus algorithms.
Our team independently developed the BOE acceleration engine based on the FPGA chip. The full name is the Blockchain Offload Engine. This board can be understood as a blockchain dedicated server, on the one hand to improve performance, on the other hand also greatly enhance the stability of the entire network and node security.
The adoption of real application scenarios is the biggest problem we are going to solve. In addition, we are also attacking the network and storage problems, and already achieved a lot of positive results.

[HPB]

The last video from HPB:

HPB - Adopthon Workshop Amsterdam
https://www.youtube.com/watch?v=RbIoGidETGs&feature=youtu.be

On Tuesday, 19th February, High Performance Blockchain (HPB) hosted an Adopthon workshop in Amsterdam. While hackathons are generally more intended for developers, this workshop combined professionals from different industries to explore and understand blockchain technology. This is partly made possible by creating mixed groups of newcomers and people with more blockchain experience. With this combined expertise we were better able to conceptualize real life business problems and explore solutions from different angles.


Website has been updated:
https://hpb.io/


Third round of (hardware) nodes applications:
With the third round of #Node applications having closed on the 27th, we are now starting to distribute the BOEs to our new candidates again! For more info, please visit:
http://www.hpb.io/post/177

[frcat]

Is the mainnet launched already?  They really have 1 million TPS? This is impossible I think. Sparksters also promised millions TPS, but not they were turn in scam. 

[HPB]

Mainnet launched last september.

Unlike competitors, HPB relies on a hardware solution, already deployed
The Blockchain Offload Engine (BOE)
https://hpb.io/boe

I view it as ASICS mining / GPU for scalability. It won't achieve 1M tps next week but you won't achieve faster speed than HPB without their hardware imo.


Current performance: 5000 TPS (10k within China), 150 nodes, 6s avg block time.

[frcat]

Mainnet launched last september.

Unlike competitors, HPB relies on a hardware solution, already deployed
The Blockchain Offload Engine (BOE)
https://hpb.io/boe

I view it as ASICS mining / GPU for scalability. It won't achieve 1M tps next week but you won't achieve faster speed than HPB without their hardware imo.


Current performance: 5000 TPS (10k within China), 150 nodes, 6s avg block time.

I didnt understand everything, but well, they promised 1 mln TPS and now this is just 5k TPS:

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.

1 mln and 5k is far from their promises.

[CaVO32]

Mainnet launched last september.

Unlike competitors, HPB relies on a hardware solution, already deployed
The Blockchain Offload Engine (BOE)
https://hpb.io/boe

I view it as ASICS mining / GPU for scalability. It won't achieve 1M tps next week but you won't achieve faster speed than HPB without their hardware imo.


Current performance: 5000 TPS (10k within China), 150 nodes, 6s avg block time.

I didnt understand everything, but well, they promised 1 mln TPS and now this is just 5k TPS:

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.

1 mln and 5k is far from their promises.

let's give them the chance for the benefit of the doubt. what I like here is they are showing progress with their developments. most of the launched projects last year are either dead/abandoned or trying to survive in the market. But yes, their actual performance is really far from their promised speed. they might be working on it right now...

[HPB]

For the time being, it's far below last year expectations, but it's the fastest blockchain out there. They will improve their hardware...

One sure thing is that their mainnet will be broadly use, it's not (only) about nice little crypto cats:

After Union Pay Smart, which will launch their DApp on HPB this year, another huge partnership (world's top 500 enterprise) was announced today:

http://www.hpb.io/post/181

We have come to an agreement with ITCEC (China Electronic Technology Development Co., Ltd.) to build a new industrial city development and operation services platform based on our HPB MainNet!
ITCEC was founded in 1988, affiliated to China Electronics Corporation (CEC), which is a People's Republic of China's state-owned company and one of the largest producers of telecom equipment in China. Though the partnership, we will utilize synergies in our respective advantages, and work on resource integration in areas such as smart city, ecological park, comprehensive park, and industrial projects.

more details:
https://medium.com/@kryptodave2/china-electronic-technology-development-itcec-signs-to-migrate-to-hpbs-mainnet-what-is-this-de09c9e8e2e6

Company Profile
China Electronic Technology Development Co., Ltd. (“Zhongdian Technology”) was established in 1988 and belongs to China Electronic Information Industry Group Co., Ltd. (see group introduction below), a world’s top 500 enterprise. The company is focusing on China’s high-tech industrial parks, Operators and new industry service providers, China Electronics Smart Campus segment integration upgrade and overall development platform, China Electronics and local government strategic cooperation docking and service platform.

[HPB]

This whole crowd looks suspicious 


Union Pay Smart is a subsidiary of Union Pay, the largest paiement provider in the world, larger than Visa and Mastercard combined.
http://www.unionpayintl.com/en/

https://en.wikipedia.org/wiki/UnionPay
It is the largest card payment organisation (debit and credit cards combined) in the world offering mobile and online payments[2] based on total value of payment transactions, ahead of Visa and Mastercard.[3][4]

They will use HPB. Specifications are finished, dapp is being developed right now.

Union Pay will use HPB's network.

So...

Kind of a EOSETHXRP from China 

[frcat]

let's give them the chance for the benefit of the doubt. what I like here is they are showing progress with their developments. most of the launched projects last year are either dead/abandoned or trying to survive in the market. But yes, their actual performance is really far from their promised speed. they might be working on it right now...

But are they going to provide this unrealistic 1 mln TPS or they understand already that this is impossible at current moment and happy with their 5k TPS?

[2n2-jvc]

let's give them the chance for the benefit of the doubt. what I like here is they are showing progress with their developments. most of the launched projects last year are either dead/abandoned or trying to survive in the market. But yes, their actual performance is really far from their promised speed. they might be working on it right now...

But are they going to provide this unrealistic 1 mln TPS or they understand already that this is impossible at current moment and happy with their 5k TPS?

They always said this was a long term aim but in my opinion they will reach this speed only thank to a lot of sidechains. Not with only one chain like the actual HPB mainnet.

[HPB]

let's give them the chance for the benefit of the doubt. what I like here is they are showing progress with their developments. most of the launched projects last year are either dead/abandoned or trying to survive in the market. But yes, their actual performance is really far from their promised speed. they might be working on it right now...

But are they going to provide this unrealistic 1 mln TPS or they understand already that this is impossible at current moment and happy with their 5k TPS?

I guess they can't complain about their solid 5 k TPS, the next step for High Performance Blockchain is to demonstrate a live-broad use of their network with big companies like UPS and ITCEC.

The last progress from the bi-weekly report:

http://www.hpb.io/post/184

1. R&D Progress
1.1 Technical Project Progress
MainNet
The new version of the MainNet Performance optimization has completed compatibility testing.
2) Middleware
The second phase development of the UnionPay project has completed system design and is undergoing internal evaluation. It is expected to start functional development in Q2.
3) Application
The HPB Wallet Payment Solution and gateway for DApps has welcomed its first external project and the analysis of the product demand has started. The project is expected to join HPB’s network soon.
1.2 Product Progress
1）HPB Wallet
The upcoming update of the HPB Wallet V1.3.0 has completed functional development and internal testing, and has started the integration testing phase.
2）HPB C.Wallet (Cold Wallet)
The HPB C.Wallet, has been undergoing design and development. It will be released together with HPB Wallet V1.3.0. The cold wallet functions include transaction signature, asset synchronization, private key management, asset transfer, and more.
3) HPB Scan
A complete overhaul of HPB block explorer, HPB Scan V2.0 has gone live. This update provides an HPB Scan exclusive logo, modern design, bi-lingual interface as well as powerful search functions, all of which contribute to a more intuitive, smoother user experience.
4) HPB HTML5 Wallet
The cooperative project of HPB and Laya.One, the HPB HTML5 Wallet, has been fully developed and is undergoing its testing phase.
5) HPB Remix IDE
The open source smart contract development IDE tool – Remix, has completed its updating and testing. The community can now conduct smart contract development based on Remix. Currently ERC20, and ERC721 smart contracts are supported on the HPB MainNet.
6) HPB Middleware
HPB middleware has completed the development and testing. The newly added “Solution” module on the HPB website can provide the account application and trial entrance for DAPPs.
2. HPB Ecosystem
(more...)

[HPB]

Happy birthday, two years 

http://www.hpb.io/post/185

Key facts:
- team of 60 people
- another hardware in development (smart contracts)
- strong Union Pay Smart partnership, dapp in development
- A new developer program to be announced, committing millions of dollars to help blockchain developers, and jointly develop high-value applications.

Below are some of the wishes we've received from our partners:

“Our blockchain-based authorization traceability system, where we work with HPB, plays a very important role in helping us to carry out our big data application services business with security and compliance. While working together, I can see the professionality and pragmatic attitude of the HPB team, which is rare in the industry. I wish HPB a happy birthday on the two year anniversary and [for them to] become a leader in the domestic blockchain industry!”
UnionPay Smart COO  Xiaojun Jiang
(...)

[HPB]

From https://twitter.com/HPB_Global/
Learn more about HPB through our brand-new video titled, "HPB - Get To Know Us"! We run through the basics of what makes us HPB, and explain what we're really about. Watch the video in all its glory at: https://youtu.be/YC-YYrpvXXw

[HPB]

Tokenomics

We are a blockchain that mainly focuses on large institutions. The HPB coin is a utility, used for gas and transactions on the network in the same way as Ethereum. 

Our top down approach means will partner with large clients (like Union Pay) and add their user base on to our blockchain thus creating lots of transactions. Most of these businesses (in the short term anyway) will use blockchain in the background and the consumer will not know they are using BC. This is a smarter approach as crypto is not easy to use and learn at the moment.

So besides blockchain games we are developing, our current utility is access to our high speed network and being able to transfer coins quickly. This will of course continue to grow as we continue to build and grow ourselves.
•
THE BENEFITS OF HPB's BOE

"OK, so the hardware that we have designed and manufactured is called the blockchain offload engine, the BOE. It's a hardware chipset, it looks like a PCI card, you can plug it into your server and what it actually does is it processes data.   

So what it does is all the verifications that occur on a conventional blockchain software, our infrastructure, a lot of the data that goes to the infrastructure is being processed by this hardware chipset and additionally what the hardware chipset does, it provides an additional layer of encryption to make sure that the data is protected.

So, inherently, in a blockchain data is protected already but what our hardware chipset does, is through a random number generator that's on the hardware board, all the data that is on there becomes scrambled, basically. So there are actually two layers of protection and also because it's tailor-made to process the verifications that occur on the blockchain, it truly scales up the transaction speed of the blockchain."

Danny Rowshandel, Managing Director, HPB

[HPB]

HPB's iOS wallet on appstore 
https://itunes.apple.com/app/hpb-wallet/id1453657013?mt=8

[CoinCowgirl]

Wat especially makes High Performance Blockchain better than the other, normal Blockchain?

[HPB]

Wat especially makes High Performance Blockchain better than the other, normal Blockchain?

Quick answer: It's a blockchain & dapp's platform which don't rely on special means (e.g. xrp's established high-frequency payment channels) to achieve high numbers of transactions per second in a secure and decentralized manners - as you can expect from a solid blockchain project.

Secondly, it's a project that focus on real-adoption and use and not hype to see a real organic (network) growth in the long term, high tps will meet real business needs as we'll see this year with the partnership between HPB and Union Pay Smart.