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HomeNewsWhat is High Performance Blockchain? What Does HPB Do?

What is High Performance Blockchain? What Does HPB Do?


What is High Performance Blockchain (HPB)? HPB is a Blockchain network that focuses on interoperability and high scalability. cryptocoin.com In this article, we answered questions such as what is High Performance Blockchain, what it offers, what is HPB coin, what is it for, how to get it. Let’s examine this project, which is very similar to the EOS network.

What is High Performance Blockchain?

High Performance Blockchain (HPB) is a scalability-focused Blockchain platform headquartered in China. This project is often compared to EOS. However, HPB has a number of features that differ from EOS. The HPB team uses a very new combination of both software and hardware. Thus, it solves the scaling problem. The team has developed hardware acceleration models for this. They hope these will help speed up both throughput and latency.

High Performance Blockchain is a mainnet for decentralized, enterprise blockchain provisioning. This layer-1 network operates in a fully EVM compliant manner. It also incorporates Ethereum’s smart contract technology. The platform has several dApps in DeFi and GameFi space. These dApps create an extremely good user experience within the highly scalable network.

What does High Performance Blockchain offer?

High Performance Blockchain attracts developers, institutional investors, DeFi participants and casual users. Developers can develop their own decentralized applications within the network. The smart contracts used to develop these applications are extremely diverse within HPB. However, the gas fee that developers pay to run smart contracts is also low. In other words, HPB offers the advantage of low cost as well as extremely fast operation.

The layer-1 network, which can process over 5,000 transactions per second, charges $0.0001 per transaction. Developers can create their own sub- Blockchain networks and tokens. HPB also hosts its own wallet application. Working on mobile phones, this wallet is secure and has an easy-to-use interface. It facilitates users token storage, transfer and decentralized management processes.

What is HPB coin? What does it do?

HPB is the native cryptocurrency of the High Performance Blockchain network. When the mainnet was launched, 100 Million HPB coins were minted. This altcoin is an asset used to pay fees and provide a basic unit of account. Users can use this asset to pay gas fees or participate in governance. Cryptocurrency is among the tokens that can be tracked on both CoinMarketCap and CoinGecko.

What is High Performance Token? How to get HPB coin?

HPB coin is traded on Gate.io, Bibox and AcendEx exchanges. Interested investors should access one of these exchanges and follow the steps to become a member and buy as suggested by the exchange.


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