Now for something different. HPB is a super-fast, secure, and low-cost blockchain.
At 1pm UTC on Wed 25 Nov we will host a one hour AMA followed by a rapid fire rolling raffle! Satoshi Club x High Performance Blockchain
⚠️Click to see the hour
⚠️Total Reward pool: $500 $HPB
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join HPB Global Telegram group
👉Score 3/5 in Quiz
We will have the following structure:
Part 1 AMA: $250/10 users – Win $25 HPB for asking 1 of 10 best advance questions. Reply to our Tweet or website announcement by 18 Nov. AMA hosted by Satoshi Club
Part 2 RAFFLE: $250/100s users – Get tipped $HPB to try HPB’s rapid fire rolling raffle, with a 1 in 5 chance of winning 8 HPB in each round! Raffle hosted by HPB Price
Deadline for questions: Wed 18 Nov
$HPB rewards MUST be claimed by 10pm UTC on 25 Nov at HPB Price.
For more details:
HPB – @hpbglobal
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
I went through the website and it looks like a solid project but I couldn’t find a token for HPB on it, is that something you guys plan to roll out in the future or you already have something like that?
The HPB Wallet seems like most wallets, so what is the key difference between the HPB Wallet and other wallet, why should I save in your wallet?
I have to admit that for me it’s the first time I get to read in an official crypto whitepaper that, among the advisors and investors, there’s also a “member of a nobel price winning team”. I’m not diminishing the value of the other advisors and members in involved, it’s personally just a novel discovery. Since the name hasn’t been disclosed (I didn’t find anywhere, but maybe I didn’t search as thoroughly) could you please share with us who’s that personality? And which role does he/she have inside the project?
In one recent interview, one of your HPB partners (Jason HU) reportedly admitted that one of the main issues that the blockchain world as a whole is facing is related to consensus algorithm issues. Also, many public chains have already experienced security breaches.
To address the security issues HPB already responds by adding another layer of security with the BOE hardware, which adds up on top of the “software” ledger component of the blockchain and embeds itself an hardware RNG (random number generator), therefore greatly increasing security.
At the same time, we’re also hearing more and more the word “quantum computing” from news and media alike and – while quantum computers don’t exist yet – it’s general consensus that existing cryptography would be potentially vulnerable to it. Is HPB’s software + hardware already designed to face this issue? Or maybe you’re treating this as a concern that can be postponed, given the mainstream technological means currently available?
In your official documents HPB’s MainNet is described as a “parallel world of Ethereum”, since it utilizes the same EVMs, the same smart contracts as well as the same accounting system. The true competitive advantage seems related to faster and cheaper transactions and an additional hardware security level paired with successful code audits. It’s also a fact that HPB’s MainNet has been running for 2 years, unbreached.
I have to admit though that, before this AMA, I had never heard of HPB or at least not as much as other more renowned “first-comers” (ETH and BTC, EOS, TRON, ONT, DOT, etc…).
So, if I had to play the devil’s advocate, I would say that so far the marketing on your part has not been as incisive as it should have been.
What are your plans for Q4 2020 and for the coming new year to change the current situation and attract users from other blockchains, increasing your market share? Also, what are your views on interoperability and on integration with other blockchains?
For people who just discovered crytocurrency and particularly blockchain technology, all the explanation on HPB website maybe hard to understand or just ignored. So because Bitcoin and Ethereum is 2 of the most popular and busiest blockchain platforms today, will you please point out what is HPB Blockchain’s similarity, advantage, or difference over them.
How possible is it to use the Boe to run other functions? And in what way can the Boe be utilized?
Assuming I have part of my currency stored on an exchange while others are stored in my wallet, how do I calculate my token portfolio during the Node Application?
The HPB MainNet is running and stable for 2 years now with high security. The HPB Partner Jason Hu said in one of your AMA;
“HPB’s MainNet is a parallel world of Ethereum, with the same virtual machines, smart contracts, and account system; but HPB transactions are faster and cheaper; and the code has been audited by KnownSec.”
With this statement, it looks like HPB is ahead of Ethereum when it comes to efficiency and cost, but why cant your platform gather more attention and support from the community? Is there marketing plans prepared by HPB to address this.
HPB MainNet have a transaction speed of 5000TPS. Have your system already experienced or reached this capacity in a regular basis?
The HPB Core chain as a blockchain has gone ahead to not just focus on software chain development but has also incorporated accelerator hardware integration as parts of it’s project.
Why the focus on both software and hardware and what extra edge do you as a blockchain core provider have as a result of going into this unpopular adventure?
HBP prides itself as a blockchain that offers a super fast secure transaction while still keeping the transaction fee very low. But experience with the etherium blockchain has reveal that for you to have your transaction processed faster, you need to pay more. How have you be able to profitability combine and execute this feature? Does this means that there are less congestion or transactions going on in your network due to low number of usage or acceptability by people? And if this is the case, what will this remain the same as more users make use of your blockchain?
You have two assets at once HPB and HPB ERC-20 for UnisWap. Why is this done?
On your website, you presented scenarios for using your blockchain. But as I understand it, these are just examples of what could be. Do you have examples of the implementation of your blockchain already implemented?
Blockchain Offload Engine – what is it and why? Do I need a BOE to run a node? Or does it have other functions? And where can I get it?
On twitter one of HPB team members sent this message to Vitalik on twitter.
Hello, vitalik.
Faced with the rapidly developing DeFi project on ETH, and the current high gas costs and transaction congestion problems.
Do you consider cooperating with HPB to help solve these problems on ETH?
How HPB can help Ethereum to make gas fees cost lower than now and help in transactions problem Ethereum blockchain currently has?
How to makes your team keep solid and loyal? $HPB
I read in the whitepaper about the yearly 3M inflation. This will be 6M per year in the future. We know that btc is loved for its long term deflationary properties. This brings me to the question why are we going to a 6M coin inflation , while txs fees are very low already and keeping a 3M (or lowering it in future) is more beneficial for investors?
This brings me to my second question what are the tokenomics of HPB and why would a company or investor want to hold it?
Thank you!
How to participate in HPB’s hardware random number generator (HRNG) raffle in Telegram? You called this as the game of chance, so, if you rate the winning chance how much it would be? Can you give us some techniques on how to predict the winning number?
What is BOE Hardware Accelerator, what is its use? What are the advantages and benefits it provides in HPB’s ecosystem as well with the users?
Which of your two wallets, HPB Wallet and HPB C. Wallet, do you recommend to your new users first and why?
Can I use HPB Wallet and HPB C. Wallet at the same time? Are they related? Let’s say, if I lose access to one of them, will I be able to see my funds and make transactions in the second wallet?
Since 2018, HPB MainNet has been running, so how is the stability and security of the system over these 2 years time? Is there any difficulties encountered during those years? Also, how do you ensure a trustworthy and secured blockchain services?
Defi has continued to dominate the trend while yield farming is pulling a huge traffic but lack of security and privacy protection may hinder it’s development. How does High Performance Blockchain plan to provide Defi with reliable security and privacy protection, paving the way for entry of institutional investors?
Recently, you suspended HPB Staking program. The staking guidelines could have been modified and adjusted accordingly but what was the reason behind this harsh decision? How long will the suspension last before the staking program resume? How did the community accept the news?
Its quite interesting when I see your web wallet and it remind me with old version of MyEtherWallet (MEW). Why that so?
In my country which is Turkey, we had a power failure nationwide dated 31st March 2015. Imagine all country had 0 electricity all day long. It was founded that Osmanca-Kurşunlu line which connects Western Black Sea Region to Middle Anatolian Part of the country got stopped caused by very high demand and it affected all system and therefore in 12 seconds there came shutdown. And It became a common fact that If there would be any blockchain system in nationwide, there would be no major problem. As HPB Global, are you ready to be engager of such catastrophes?
I read that BOE is designed to increase TPS and security by reducing server bottlenecks. But I read that bottlenecks, on the contrary, slow down the speed of transactions and can interfere with scalability. How would you comment on this?
I’m a little confused. BOE is a hardware and software package aimed not only at optimizing the security of any blockchain (BTC, ETH, EOS …) but also solves the problems of Internet speed, and can it increase the speed of mining better than existing ASICS?
Btw what did Vitalik answer to you?))))
https://twitter.com/jason_hpb/status/1309062931724861447?s=19
I’m read from HPB whitepaper that you have partnership with UnionPay, but there is a rumour that HPB partnership with UnionPay already over, which one is true? Can you please give an explanation?
I know HPB since 3 years ago, also know what update has been released. But since 2017 there was still no news about public reviewable proof of HPB’s capability. Could you please tell us the reason? I think its okay for a company like HPB to show the world if what they have is real.
It’s looks like HPB have problem with voting rules for staking, and there’s a lack of close communication with community. Could you please tell us what’s the problem and how did HPB’s team handle this ?
Recently there was a Proposal to Change the HPB Staking Rewards Program by your community The Community was invited to vote whether to:
(1)Cancel the HPB Staking Rewards Program once for all. or
(2) Continue the HPB Staking Rewards Program with an annual rate of return at 2%; an additional 1% of the Rewards shall be used for HPB Hardware Random Numbers Draw.
The total number of votes for this proposal was 3,874,362 votes, among which there were 1,196,778 votes supporting The cancelation, and 2,677,584 votes for “Continuation of the HPB Staking Rewards Program” together with HPB Hardware Random Numbers Draw.
For the proposal to pass total votes needed was 15 million votes…
first of all the total votes was just a little above 25% of the required votes needed to pass the proposal does this mean that the community does not have trust in your voting system considering that this is an important part of your Ecosystem are you not concerned about a scenario where the community will think that that the total required votes was fixed at such a high number which cannot be reached so the team can still make decisions irrespective of voting outcomes.. Why did you not go with the option having Higher number of votes pending when another proposal will be made..and for how long will the suspension last
Your API is Publicly Available But is this only Beneficial to Experienced developers… What features of your Ecosystem do you allow Users of your API to Access…. I love IOT and have been involved in using Open source hardwares and softwares to create interactive objects. How can HPB Ecosystem and In particular Your API be of importance to individual IOT users like me
Can you explain how Your Smart Contract Online Development IDE Works what can users build and do on the site… and Why does the header of the smart contract online developement site Read “Remix-Ethereum IDE
HPB is already established and been listed in some exchanges already but why you only have few followers in twitter? Aside from engaging AMA with some telegram groups, what other marketing strategy are in the box to let people know this promising project? What is your hallmark for people to remember HPB everytime?
HPB Staking program has finished and giving a staking rewards last month. So is there any plan for another round of Staking in your platform? If yes, when will it be and how to join? Thank you
According to HPB news last October 21,2020 based on the community voting, HPB Staking Rewards Program shall be suspended. So , it was a month ago already, can you tell us some of the progress about the decision for HPB Staking Rewards Program? What are the latest updates about it? If it is suspended, what other program are you planning to launch this coming months? Thank you
I saw on the monthly report you work for anonym payment module. Is it compatible with China regulations and UnionPay partnership ? Could you tell me more about this feature ?
Do you contact Crypto Funds to provide liquidity on the future DEX ? Is there a strategy to promote / advertise this DEX ?
What critical problems do you see arising in the blockchain industry these days?
What solution does hpb offer?
What does “BOE Hardware Accelerator” actually mean in your ecosystem?
hardware BOE -If this is your own development? I read you use (FPGA)/ASIC chips. Do you have plans to make a super miner or supernode to ensure a safer and faster operation of the blockchain?
What is the main goal of creating HPB blockchain? I think the importance of such development is too overestimated. Creating your own hardware, creating your own software All to create a unique random number? Is it really so important or am I wrong and the HPB blockchain solves more serious problems?
The BOE hardware is not for individual sale and can only be acquired through our node elections or an invitation. What are the criteria to join it and how many applied for it? Also, what is the transparency? We have to know which persons/groups control this
i can see that most of your partners are in china, where will you be expanding next ? What will be the price BOE and is it only produce by HPB ?
According to your technical data, your blockchain can perform 5000+ transactions per second. I have checked your explorer and I’ve seen that around 300 transactions we performed in the last 86000 seconds (24 hours). It is good to have the road but you have to bring cars on it to make them useful. How do you plan to attract more users on your blockchain to fully use the capabilities of your blockchain.
HPB is a super-fast, secure, and low-cost blockchain.How do you manage to achieve these dreams in one swoop? What is the key behind the success of the project?Why exactly does your team need a sidechain of the HPB MainNet, capable of acting independently? Since most activities are run on the mainnet, why do you propose that the sidechain speed ought to be x50 faster than the Mainnet? Isn’t the faster speed supposed to be on the mainnet? Please explain.
Are there plans to deploy your solutions with hedge funds, exchanges and P2p? If yes, can you let us in on the exchanges that are willing to get HPB?
Many project owners are now busy developing their Defi and NFT projects, but I don’t see HPB going in this direction. Are there any plans for DeFi and NFT in the future? Or where will you focus now?
I see HPB as a good project, but not very well known so far. What are your strategies regarding mass adoption?
I am a investor and I only care about prospect of a crypto that I chose, tell me the reason why I should choose your project over the existing one ? What is your coin advantage that can convince me to change from my favorite token/coin ?
HPB mainet has been working stably for 2 years. During this time, did you encounter an important problem in terms of security? If so, how long did you solve this problem?
Are there changes in your team, or do you have a constantly changing community?
Did anything you say we did better during the project period?
I am a investor and I only care about prospect of a crypto that I chose, tell me the reason why I should choose your project over the existing one ? What is your coin advantage that can convince me to change from my favorite token/coin ?
Something that I want to ask about HBP is it is a superfast secure and low cost blockchain. Can you please do comparison with others blockchain so that we can know how superfast it is ?
One of your team members @Jason_hpb has tweeted on twitter on Vitalik tweets for considering the cooperation with HPB to solve the problems related to high gas costs and transaction congestation problem. Is there any achievements made so far now about it?
Q. $HPB slowly increases the amount of tokens a user holds instead of increasing it abruptly to minimise the effect AMMs like Uniswap have on the price of the token when a rebase occurs. What happens in a situation the rebase amount hasn’t been fully added and the price has already gone in the opposite direction prompting a contraction?
what is the difference between outstanding decentralization on HPB and decentralization at the usual defi? will it be able to make a difference with other projects?
Tell us about your plans for 2020, what are you currently working on, and are you going to expand the list of big exchanges?
Because of the fees on ethereum, the team will send $5 of Ethereum to everyone who stakes the first week. This is awesome. You are the first project to do that or at least it is the first time I hear it. It is very nice from you to help the community do that. But I thought of 1 thing: What if users will just ask for 5$ with multiple accounts and get away with this money? Do you have a measure for this case?
One very important factor is how much fees we’re paying. What fees are we expected to pay?