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   509

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

Bitfinex to List BCH' Chain Split Tokens

Bitfinex warned that support for BAB and BSV could be temporary
14 November 2018   56

The Hong Kong cryptocurrency exchange Bitfinex has listed the so-called Chain Split tokens for the two implementations of the Bitcoin Cash protocol. Bitcoin Cash hardfork is planned on 15th of November.

BAB [Bitcoin ABC client] and BSV [Bitcoin SV client] tokens will be traded in pairs with Bitcoin and the US dollar. The Token Manager tool will allow users to convert their Bitcoin Cash into one of the tokens. This process is reversible, Bitfinex emphasized. At the same time, marginal trade in tokens will be unavailable.

After snapshot of the network, the corresponding coins will be automatically converted into BAB and BSV onchain tokens, and all current Bitcoin Cash holders will receive an equivalent number of coins. However, if the user has a short BCH position at the time of the snapshot, the margin will be canceled, and the borrower, if he does not have enough tokens, will have to cover the negative balance sheets until December 31.

Bitfinex also warned that support for BAB and BSV could be temporary, and that as soon as all negative balances were covered, the exchange could delist them, allowing limited time for withdrawal.