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RE: HPB - The fastest Blockchain

in #hpb6 years ago

I think it would benefit many applications especially in ecommerce. I see that it only takes few seconds to get a confirmation unlike current popular networks.

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Yea, the current blockchain architecture is really redundant, slow with network clogs, so projects like the HPB is highly needed to ease up the issues associated with the blockchain industry

Who ever has felt frustrated with the clogging of network in the present blockchain tech will see how valid the HPB idea is.

Low confirmation time will also be what really sets the entire platform ahead, but it will also be what keeps fees low, as theirs no need to compete for space and drive prices up if the entire network is this fast

Speed and cost effectiveness is what drives me nuts about this whole project, as the community really need this to fully come to life

A blockchain simply has to get to the stage where it can confirm in seconds and not charge you a high fee, it will never go mainstream so to speak without it

This was suppose to be the beauty of the blockchain couple with its decentralized nature but somehow this wasn't realized however we could only hope for the better

yeah, they could essentially become the payment gateway of choice for e-commerce if they do manage to achieve 1 million TPS.

At current times, I wouldn't understand why it wouldn't if they can reach 1 million TPS and confirmation time within 3 seconds.

That is a huge thing for different businesses especially ecommerce. Imagine getting a confirmation almost instantly.

yeah, speed is very important to many businesses like financial sector. i believe HPB will help change the way blockchain is used

With the high transcations per second made possible with HPB - it will certainly change the way we see blockchain

Yes, The BOE acceleration engine might b able to improve the transaction speed and confirmation time.