Contents
Overview of Holo
Blockchain
Network
The Holo network will be facilitated using a token called HoloFuel, which is actively being tested and will act as an accounting system to pay hosts for their services.In 2018, the project minted an ERC-20 token, HOT — also known as HoloToken — as an "IOU" that will be redeemable for HoloFuel upon launch.
Support
About a year ago HOLO 2 came rolling off the press and we’ve spent the last twelve months shipping it and presenting it all over the world.We compiled a pretty massive report that collates all the crucial facts, figures, and feedback we’ve received.Thanks to our readers, partners, and contributors alike for your support—HOLO is a tribute to the amazing communities it chronicles.
Transactions
The project's business plan centers on building a P2P ecosystem of hosts and applications, comparing its intended effect on app hosting to that of Uber and Airbnb on the taxi and hotel industries, respectively.
How Is the Holo Network Secured?
The Holo network acts as a bridge between the centralized internet and Holochain, which does not rely on traditional blockchain technology.As such, it does not rely on global consensus to secure its networks.Rather, each DApp has its own set of validation rules and a local hash chain on which it can store cryptographically signed records.When data is transmitted across multiple nodes, random peers act as validators, receiving data and verifying that it follows the correct rules.Validators use a gossip protocol to share good data among one another and warn of bad data or blacklist bad actors.
How Many Holo (HOT) Coins Are There in Circulation?
Holo held an "initial community offering" from March 2018 through April 2018.Ultimately, 177.6 billion HOT was minted through a demand-determined process, with 133.2 billion HOT (75%) allocated for public sale and 44.4 billion HOT (25%) reserved for the team and company.Team tokens were not subject to vesting or lock-up periods.
What Is Holo (HOT)?
Holo is a peer-to-peer distributed platform for hosting decentralized applications built using Holochain, a framework for developing DApps that does not require the use of blockchain technology.The goal of Holo is to serve as a bridge between the broader internet and apps built using Holochain, offering an ecosystem and marketplace in which DApps are easily accessible, as they are hosted on the internet by Holo network participants.
What Makes Holo Unique?
According to its "green paper," Holo is designed to act as a bridge between Holochain, which represents the world of crypto technology, and everyday users.The project highlights several innovations that it says will "enable a large shift in the landscape of crypto applications and currencies," including the ability to host P2P apps on the internet for mainstream users.
Where Can You Buy Holo (HOT)?
HOT can be purchased on cryptocurrency exchanges such as Binance, Bitrue, ProBit Exchange and MXC.COM, among others.It can be traded on spot markets against fiat currencies such as the U.S.dollar and the euro, cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) and the stablecoin Tether (USDT).
Who Are the Founders of Holo?
Holo was founded by Arthur Brock and Eric Harris-Braun, both of whom are experienced contract coders.The two first started working on the project in December 2016 as a part of the MetaCurrency Project, a developer of tools and technology designed to power a future P2P economy.Holo was partially modeled after Ceptr, a cooperative P2P framework for DApps that the two had previously worked on.