C.H.I.P. is an incredibly small computer. Not only that, but it’s also an incredibly cheap computer. It’s the first single-board computer that has been successfully introduced to the general population. Forget about technology that’s only being used for highly classified pieces of machinery that are owned by Federal governments. Right here, we are talking about a tiny computer, that is so low cost, almost anyone could pay cash for it right this very moment.

This particular computer, which was developed in Oakland, California runs Debian Linux and is Open Hardware. It features 1Ghz R8 ARM processor, as well as 512MB of RAM. It also boasts 4GB of eMMC storage, which is somewhat impressive given how small the device is itself. In head-to-head tests, it competes in speed and performance with Raspberry Pi B+, as well as BeagleBone Black. Clearly, these tests prove that it isn’t necessarily the first super-tiny computer, but it most-certainly is one of the least expensive and high-performing tiny computers that have ever been found to date.

Must Read: C.H.I.P. $9 computer comes with 1Ghz R8 ARM processor, 512MB of RAM, and 4GB of eMMC storage

When it comes to Chip, though, people see dollar signs around its success. This is the ideal type of product for many of the low cost and budget pieces of technology that often struggle with spatial and performance requirements. As software continues to improve, this is something that takes its toll on the hardware itself. That’s why it’s so important to see an evolution within the hardware space, too, and that seems to be exactly what we’ve gotten out of this particular system.

Next Thing is who developed the product, or more accurately, put the tiny computer on Kickstarter to be developed. It was funded and added to the list of success stories that the company has had with products on Kickstarter. Dave Rauchwork, Next Thing’s co-founder pointed out that, “Out of the box, C.H.I.P. can connect over composite video, so you can use an old TV or a tiny screen you have,” which is significantly more than what other similar computers can do up front. Even more impressive is the fact that the device can even work with more modern HDTV’s or computer monitors with a simple HDMI or VGA adapter.

This reveals how limitless technology is once it continues to shrink down on the scale that it currently is. At this point, the advances that could take place in smartphones and tablets could be revolutionary if this type of mentality is applied to future devices. Particularly, the impact that this could have on the Chinese tablet market might be the most impressive change taking place.