I’ll start by pointing out some of the obvious differences. Firstly, you have the element of speed. Unlike Ethereum, which is only able to process around 15-20 transactions per second, High Performance Blockchain can instead process 5000 transactions per second. The speed limitations on Ethereum frequently lead to congestion, which also leads to extremely high gas fees. The average gas fee on Ethereum in 2022 is around $15 per transaction, although it has in fact exceeded $50 per transaction on multiple occasions. This contrasts with High Performance Blockchain, where average gas fees are around $0.001 – Yes that’s correct, one-tenth of one cent 😊 This means you could, on average, process 15,000 transactions on High Performance for the same cost of 1 transaction on Ethereum. High Performance Blockchain is fast, it’s cheap to use, and it can easily scale to meet the ever-growing demands of the industry. Unlike some of our competitors who also claim to run fast blockchain, we are a very decentralized chain. Of the 194 globally dispersed HPB nodes, the HPB Core Foundation are only responsible for 3 nodes, representing just 1.5% of the chain control. This contrasts with Binance Smart Chain, which only has a total of 21 validator nodes, most of which are owned and managed by Binance themselves. You also have blockchains which may appear to be highly decentralized at first glance, yet when you dive deeper into the details, you realize the claims of being decentralized are exaggerated. For example, the Solana blockchain claims to be decentralized, with 1721 validator nodes. This may at first appear to be an impressive number, however according to the solanabeach explorer, just 22 of these 1721 validators control a huge 33.8% stake in the chain. These 22 nodes alone could potentially censor or halt the entire chain. Almost all of these 22 nodes are run by either Solana or their venture capital partners such as Coinbase or Kraken. In the blockchain industry, this level of supreme control from such a small group, is referred to as a “super minority”, and is not representative of decentralization. As well as being fast, cheap, scalable and decentralized, High Performance Blockchain provides something which is totally unique in the blockchain industry – PROVABLE, non-deterministic, on-chain TRUE random numbers, using our own unique True Random Number Generator (TRNG) solution which is only made possible due to our custom-developed hardware accelerator card, the “Blockchain Offload Engine”. No other EVM-complaint blockchain in the world provides this. 😊

with so many blockchains today.... What is it that makes your blockchain different to other blockchains?

Of course! First of all it’s worth pointing out that High Performance Blockchain is not a token project. It is a complete main-net blockchain, just as Ethereum, Solana, Binance Smart Chain, Avalanche and Polygon are blockchains. The native ‘coin’ of High Performance Blockchain is HPB and is what is used to cover gas fees for on-chain transactions. HPB coin to High Performance Blockchain, is what ETH is to Ethereum, BNB is to Binance Smart Chain, and AVAX is to Avalanche. High Performance Blockchain is based on Ethereum, and it is fully Ethereum Virtual Machine (EVM) compliant. What this means, is that developers who typically develop for Ethereum, can also use all of the same tools to develop on High Performance Blockchain. We use Solidity for smart contracts. We can deploy them with Remix IDE, Truffle, Hardhat, etc. We can use software wallets such as Metamask, etc. We also have a block explorer called HSCAN, which is very similar to Etherscan. If you can develop on Ethereum, then you can already develop on High Performance Blockchain.

for the first question Can you provide us an overview of your project?