Holo
Name
Holo
Summary
Holochain is an open-source framework for creating peer-to-peer applications that are secure, reliable, and fast. Instead of depending on servers, Holochain applications connect user devices directly to each other in secure networks.
The goal of Holo is to serve as a bridge between the broader internet and apps built using Holochain by offering an ecosystem and marketplace in which DApps are easily accessible, as they are hosted on the internet by Holo network participants.
Rating
Symbol
HOT
Overview
Holo is creating a bridge platform between users of Holochain and the traditional internet. Also, Holochain is seeing increased adoption welcoming new Holochain applications (hApps), offering developers an efficient and cheaper alternative to blockchains.
Holo is an ERC-20 compliant token used to fuel peer-to-peer relationships on Holo.
Holo allows anyone to use the ‘Holo hosting box’ through the Holo Host application. This runs in the background on users’ computers, to monetize any spare storage or computational power. If people aren’t using their computer to maximum capacity (which, most aren’t) Holo has created an opportunity to earn HoloFuel by becoming a Holo Host.
Historical Price Movement (in INR)
Technology
The main difference between blockchain technology and Holochain’s use of a distributed hash table (DHT) is the approach in which a transaction is verified and confirmed. With blockchain, all nodes in the network must achieve consensus using a Proof-of-Work (PoW) consensus algorithm.
With a distributed hash table (DHT), the hash-chain approach is ‘agent-centric’. This means that individual nodes themselves can verify and confirm transactions. This is then broadcast to the rest of the network for transparency, with neighboring nodes double-checking the verification.
Holo Hosts earn HoloFuel in exchange for sharing space and computational resources and allowing others to host distributed Holochain applications (hApps) and data. Moreover, Holo Hosts have the choice of which hApps to host, the fees associated with their hosting, plus the priority of applications.
Use of Native tokens in the ecosystem:
HoloFuel is an “asset-backed mutual-credit currency” only available through the exchange of computational power on the Holochain network. The primary purpose of HoloFuel is to reward the Holo Hosts for their input.
Public Sale
75%
Team and company
25%
Volume ( as of 25th april 2022)
$60,377,791
Total Supply
177,619,433,541 HOT
Circulating Supply
173,319,433,541 HOT
Crowd Sales
28/04/2018 - ICO - $20M
Funding
NA
Country
Gibraltar
Name of Organisation
Holochain Foundation
Year Incorporated
2017
Registered Address
Portland House, Glacis Road, Gibraltar, GX11 1AA
Dispute Resolution and Governing Law
Gibraltar
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Eric Harris-Braun | Co-Founder | Yale University: BS in Computer Science | 29 yrs |
| Arthur Brock | Co-Founder | Michigan State University: Bachelors in Artificial Intelligence and Comparative Religion | 34 yrs |
