Post
Topic
Board Announcements (Altcoins)
Re: ⚡️⚡️⚡️ [ANN] HPB – Unlimited Speed Evolution ⚡️⚡️⚡️
by
HPB
on 23/08/2019, 12:38:49 UTC
Quote
The testing of the MainNet optimization is ongoing, and is scheduled to be completed soon.

Is mainnet has not launched yet? When are you going launch mainnet? As i see you promised 1 mln TPS, but no one project dont have such numbers yet. How this possible?

Mainnet has launched back in september 2018 with 5k on chain tps worldwide and 10k tps in mainland China.

But they are about to upgrade these numbers, it is and will be an ongoing R&D.

HPB didn't promise 1M tps but aimed for the maximum with respect regarding decentralization and security.




Really? What is this?

Quote
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.

This is on the 1st page on your announce. A lot of projects has promised such TPS numbers already, but in fact no one dont have so many TPS...

On chain means that it's not a second layer scalability solution that V.Buterin or others are trying to figure out since 2017
Every transaction or smart contract happen on chain (like Bitcoin without LN). It's more secure.

HPB already do 5000 tps and aims right now to provide 10k tps worlwide (already the case in mainland China).
Besides, HPB is a combination of Software and Hardware, so every major steps which will be overcome in the software department by any competitor could be leverage with small adaptations by HPB.
Imo, the race is already over.

5k tps is enough to handle 175 times all the transactions of Bitcoin+Ethereum+Vechain networks.

HPB is working to use this capacity and the first big dapp (UnionPay Smart traceability system) is about to launch

Download the mobile wallet (iOS or Android) to access current dapps, it works like an "appstore"

Amazon Web Services and Ethereum foundation just launched a contest to develop their own dedicated hardware to solve the scalability issue:
https://aws.amazon.com/blogs/startups/competition-forever-change-blockchain/

HPB is two/three years ahead, it takes time and lot of money to develop this kind of hardware
Amazon and Ethereum know that softwares can't scale for large B2B applications and massive adoption.
It didn't even work for - Cryptokitties - so don't expect IOT, Bigdata or Decentralized finance