Hyperblox (HPB) Price

High Performance Blockchain (HPB) is a permissionless blockchain architecture that combines hardware and software to address the scalability issue facing the industry. As adoption rates and transaction volumes increase, current infrastructures struggle to handle the traffic, leading to congestion, slowdowns, and higher transaction fees. This hinders dApp development and frustrates businesses and consumers. HPB's open-source hardware and software architecture aims to solve these issues by streamlining security, data collection, and data integrity through the hardware and providing a customizable interface through the software. The platform uses a proof-of-performance consensus mechanism that takes into account the performance contribution and other factors of each participating node. HPB is the native coin of the platform and is used for governance and to incentivize node holders. The HPB Foundation, led by CEO Wang Xiaoming, developed and operates the platform. The initial supply of HPB was 100,000,000 coins and the team has adopted an inflationary model for coin circulation.