High Performance Blockchain

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TrueChain

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Lisk

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High Performance Blockchain

by High Performance Blockchain

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TrueChain

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Lisk

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What problem does this service solve?

HPB is building an improved blockchain infrastructure based on hardware accelerator chip drivers. It wants to drastically increase the number of transactions that can be processed.TrueChain wants to improve blockchain performance with a hybrid consensus model.Lisk uses sidechains, that can be easily customized, to allow developers to create their own decentralized applications.

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Company Description

High Performance Blockchain (HPB) is a Chinese company that is developing an improved blockchain infrastructure. Their goal is to dramatically improve the speed of transactions and throughput of existing blockchain systems. HPB has been called the EOS of China.
Similar to EOS, HPB uses a delegated Proof of Stake (DPoS) consensus algorithm that will enable parallel processing. It will also aid in improving the performance of their blockchain, and they hope that it will enable the creation of an ecosystem for the creation of decentralized applications.
HPB's platform is based on hardware accelerator chip drivers. The accelerator chips can be customized and will aid in the performance of the blockchain. HPB has the ambitious goal of enabling 1 million transactions per second.
The company's founders are well connected in the blockchain and payment sector in China. NEO is one of the chief investors in the company, and they also works with Union Pay; which is an influential payment network that connects banks in China.

TrueChain is developing a secure and scalable blockchain platform with a strong developer community. TrueChain hopes to improve upon current platforms with a hybrid consensus protocol called Minerva. This hybrid model will combine a consensus mechanism based on Practical Byzantine Fault Tolerance (pBFT) with a FruitChain-based Proof-of-Work protocol. Fruitchain is designed to minimize the incentives of mining pools by decreasing the variance of mining rewards; making the network more decentralized.
TrueChain's architecture also hopes to improve transaction times and reduce fees, by including a sharding mechanism that is locked to Gas fees. The first use cases for their platform will be digital advertising solutions.
The company is backed by several large Chinese blockchain companies, including ZB.com; one of the largest cryptocurrency exchanges. digital advertising industry

Lisk is a blockchain-based platform that allows developers to build and publish their own applications. Lisk uses sidechain development kits, that are written in Javascript, to enable users to create their own blockchain applications according to their needs. Each decentralized App runs on its own sidechain that can be customized, and is connected to the Lisk blockchain, which has a Delegated Proof-of-Stake (dPoS) consensus mechanism. The Lisk network is powered by the LSK coin.

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