HPB to launch its acceleration engine

High Performance Blockchain project will be launching the Blockchain Offload Engine acceleration engine on July 1 and hold a Node Ecosystem Meetup
28 June 2018   825

High Performance Blockchain project is organizing a launch event for its Blockchain Offload Engine (BOE) acceleration engine with a Node Ecosystem Meetup at Shanghai Dongfang Wanguo Conference Center on July 1. BOE is the core of the project's hardware technology and consists of the BOE hardware, the BOE firmware and system software. It is a heterogeneous computing system that achieves achieves high-performance and high-concurrency computing acceleration by utilizing CPU serial processing and FPGA/ASIC parallel processing.

HPB is going to unveil the hardware and architecture with the introduction of the BOE acceleration engine. The project is the world's first blockchain project that solved TPS congestion issues by incorporating hardware and software. It relies on its research & development department and provides a chip-level acceleration engine with a strong emphasis on the open-source development of the blockchain technology. Price-wise, High Performance Blockchain (HPB) parameters are as follows:

Average price 2.06 USD
Market cap 61,237,322 USD
Volume (24H) 7,529,860 USD

OKEx to Launch OKChain Based Decetralized Exchange

Great role in the upcoming exchange will be played by OKB coin, which will be trasfered to OKChain as soon as its development finished
22 March 2019   122

OKEx cryptocurrency exchange will launch a decentralized trading platform on its own blockchain.

Currently, the OKChain blockchain is in the final stages of development, and its test network may be launched as early as June 2019. When the OKEx blockchain becomes stable enough, it will transfer OKB to it, which will then perform the function of the native OKChain token and be used to pay commissions, as well as in its own decentralized network applications.

The primary purpose of OKChain is to launch the OKDEx decentralized exchange, where the OKB token will be used to participate in presales. In addition, project teams will use OKB tokens to pay the service fee to the super nodes of the network.

While the total volume of OKB emissions is 1 billion, 300 million tokens are in circulation today, and 700 million remain blocked. Of this number, 300 million OKB will be distributed to users through the loyalty program, and 400 million belong to the OK Blockchain Foundation and the exchange team. However, for a more efficient formation of the OKB ecosystem, the blocking period of these 700 million tokens will be extended from 2020 to 2022, writes OKEx.

In addition, OKB will be the only token to be accepted during the initial exchange offerings (IEO) on the OK Jumpstart platform, announced earlier this month. According to the company, it is currently negotiating with various projects and will soon announce the launch of the first IEO on OK Jumpstart, for which investors will be admitted who have passed personal verification and have OKB tokens in their accounts.