HIGH PERFORMANCE BLOCKCHAIN

HIGH PERFORMANCE BLOCKCHAIN

INTRODUCTION
The market of crypto-analysis had been solely targeted at the Government and Research but it became commercialized and involved with financial transactions through the effort of Satoshi Nakamoto bitcoin inventor in 2009 through efforts focused at creating a digital currency and a platform for the transactions of the currency thus launching what is now known as first Crypto-currency, Bitcoin a digitized currency traded on a block chain technology that is secured and its transactions regulated by cryptography. The platform on which the crypto-currencies are transacted is the block-chain; a peer to peer electronic cash system but the potentials of the bock-chain is not limited to that that only as it can be extended to several industries like financial management, data management, energy and resource management, government protocols, advertising and marketing.
The block-chain technology is a digitized, virtual and decentralized ledger where anybody and everybody can make entries about their crypto-currency transaction. It is run by a network of computer users called the nodes that receives request from an individual desire to purchase assets which maybe in form of crypto-currency, contracts, documents, or information and verify the transaction and the user status and the validated transactions becomes an additional block of data added to the existing blocks, thus completing the transactions, but for the transaction to be legit, permanent and unalterable, they have to be confirmed by the miners who solve cryptographic puzzles to create blocks that are added to the block-chain for every nodes to add them to its database. Thus, continuing the block-chain.
THE HIGH-PERFORMANCE BLOCK-CHAIN
There are many block-chain platforms or virtual machines for transacting crypto-currencies but they are all limited by the problem of low Transaction per seconds which is not modulated to meet up with the growing transaction demands, thus causing frequent network congestion and crashing. High security breaches is another problem of the other block-chain problems ;High transaction expenses as most times the network jammed during transaction, thus, elongating the transaction duration at an higher cost to the user, Difficulty in creating Decentralized app (DAPP) by developers because of these challenges, the solution to this challenges seems to be the high performance block chain, created by Chinese Wang Xiao Ming, a fore-most block-chain innovator, a former partner of NEO, and former employee of Union Pay and his team comprising of the best block chain experts from Huwaei, Intel, IBM, Union Pay in the person of
• Wang Chan as the chief architect,
• Chen Xi,Researcher,
• Zhang Yiming Chief hardware architect,
• Hu Jichen Director of operations and
• Lin Jinxin, block-chain researcher and expert.
THE HPB was targeted at big data end-users such as BAIDU, {Chinese equivalent of google), alibaba. The name High performance block chain is derived from Chinese Xin Lian which means heart connect.
THE DESIGN
High Performance Block chain is a block-chain platform that is driven by hardware accelerated chip technology and open source software, thus, predicted to ease data transaction to a tune of over 1,000,000 per second and achieve over 30,000 tps. It is a fusion of high performance computing block chain concept, cloud computing, hardware system, High Performance computing-powered cloud platform (which maybe a traditional PC, intelligent terminal and other related machines) and universal communication platform. In addition to network management, the design supports core node block-chain standard, consensus algorithm and block-chain task processing functions.
The High-Performance Block Chain design is a novel architecture based on block-chain offload engine, Block offload engine, BOE which is an heterogenous processing system consisting of hardware, software and firm ware. Through the Block chain design technology, general algorithm, data compression, acceleration ,data encryption including other of its technological design and also support millions of users simultaneously.

FEATURES OF THE HIGH PERFORMANCE BLOCK-CHAIN
The High performance Block Chain is designed as an open source ledger as it allows talented developers to develop their Decentralized app(DAPP) which are integrated fast in their platform without the input from a third party and allows commercial users to access them without paying a dime.
This block-chain is designed to support the confirmation of millions of transactions in seconds and this is made possible by the BOE which uses the CPU serial capabilities and FPGA/ASIC chips parallel processing capabilities. The BOE is to interact with another engine which is the TEO TECHNOLOGY, which is in form of a TEO chip embedded on a dedicated network card for its packet processing tasks thus creating its UNIQUE ACCELERATION ENGINE.
The HIGH PERFORMANCE BROADCHAIN MODEL IS BASED ON DELEGATED PROOFS OF STAKE METHOD OF CONSENSUS ALGORITHM: All the token holders on the network are qualified to vote a high conduction nodes HCN who must have fulfil these criteria: adopt BOE hardware accelerated engines, hold a certain number of tokens and must contribute a network bandwidth to the existing network, such node maybe elected to produce a new block every 3 seconds out of which only one elected producer is authorized to produce a block per time. These HCN were automatically rewarded by the HPB coins after the launch of the mainnet. The additional number of tokens issued annually are directly proportional to the high contribution nodes and candidate nodes and must not exceed 6%.THE Delegated proofs of stake are 100% online thus fast tracking the transaction confirmation time to less than 3 seconds. THE Delegated proofs of stake modules are very flexible as it allows different chains from public, private and alliance.
The security breaches associated with other platforms is minimized on the High Performance Block-chain by the embedding of the BOE with the ECDSA module, an elliptic curve digital signature algorithm which is the most advanced in the industry thus improving the signature verification speed. It also operates a smart contract template for its business approaches as it collects, uses and authorized data through it to ensure data process. Plans are in the pipeline by collaboration with UnionPay to build smart big data solutions on the ecosystem which will be launched by Q3,2018.
The software design supports the management of account, identity and authorization. As the creator has the liberty to choose its user name and deposit the minimum account balance in the account to cover the cost of data storage.IT ALSO ALLOWS POLICY MANAGEMENT, STRATEGY MANAGEMENT, DATABASES AND ASYNCHRONOUS COMMUNICATION.
HBP design is based on a general virtual machine mechanisms that supports its compatibility with a variety of virtual machines, such as the Ethereum virtual machine(EVM) and the signature NEO virtual machine (NEOVM).It provides a declarative rights management system that allows users high level of privilege control at any time. It uses a status channel. It's application SDKs support different programming languages such as Java, Java-script, .net, ruby, C++, Python, Ruby and other languages .Its software architecture uses JSON-RPC ,RESTful API to supports various data application and development languages.
The system further uses comprehensive smart support lifecycle management from the complete control of management of submission, deployment, usage and cancellation, to smart contract auditing which is achieved by secure auditing which is a combination of automated auditing tools and professional auditors; the automated review of the code and integrated unit coverage testing tools.
HIGH PERFORMANCE BLOCK-CHAIN TOKEN ALLOCATION
The total 100 million HBP Tokens is shared by percentage:
• The current circulating token is 22million which represent 22% of the total token which are due to private placement of crowd-fund participants and early investors.
• 4% tokens allocated to marketing initiatives which include marketing fees, white list awards and exchange listings
The remaining tokens are locked for one year and its unlocking is limited to One-third per year and these are
• 20% to the foundation team, new members and cornerstone investors.
• 18% ICO Refunded token.
• 18% community development which is meant for community ecological development such community operation incentives and application development.
• 12% reserve fund used for strategic investment, token exchange, government cooperation.

PARTNERS AND INVESTORS
• NEO is a partner and angel advisor, other partners include
• China Union-pay (the Shangai based financial house that provides card services with dominant acceptability that is twice bigger than the combined strength of Visa and Mastercard across the world) listed in the whitepaper but the official partnership will be formalized by Q3 of 2018,
• Time Stamp Capital,
• Lei Zhen of Okcoin,
• 8btc,
• Bixin, Transwiser and Jixianwiser.
TIME LINE OF HIGH PERFORMANCE BLOCK-CHAIN
• Q1 2017,High performance block-chain project with the team was officially launched
• Q2 2017,Angel investment opened.
• It started trading on February 5,2018 on the Ku-coin.
• It finished trading on February 10,2018 as 11 million tokens of private placement was traded.
• HBP test net V.1.0 was launched with a new website on March 31,2018.
• The remaining 12 million Tokens were distributed,thus taking the circulating tokens at 22,000,000 out a total token of 100,000million on April 2.
• Public test-net was launched on April 3.
other future events will be:
• ETH wallet address on April,15
• High performance main-net release V.1.1 on June,30
• Union-pay partnership on big smart data by q3,2018
• HBP Final version to be V.2.0 launch by December 31,2019

PERFORMANCE
Since the launch of high performance block-chain in January,2018 at $2.96406 it has achieved a price of $3.58959 rising 76.9 % in the last week alone. Currently it sells at $3.231830 and a market capitalization of >$71million. High Performance Block-chain can be transacted on the following exchange market Allcoin, Kucoin, Bibox
The high performance block-chain is set to dominate the market as it ease of usage, security integrity and open source framework is set to positioned it as a major market player in the crypto-currencies market. By its drive towards anti counterfeit traceability, smart big data and gaming techniques and various partnership support it is getting the future seem very bright.