IPFS

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High Performance Blockchain

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Ignis

by Jelurida

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IPFS

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High Performance Blockchain

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Ignis

by Jelurida

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What problem does this service solve?

IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.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.Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear.

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Company Description

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

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.

Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture.
Ignis allows users to create child chains with specific features and to create tokens that meet their needs. This project is closely related to Ardor and Nxt.

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