Holo HOT
Report IssueHolo is the first step towards a decentralized hosting ecosystem. Holochain is a platform infrastructure technology for distributed peer-to-peer applications, and Holo is the first application built on top of it.
Details
Binance 
ByBit 
Gate 
Score
Sentiment
Bullish 
Fundraising Statistics
$0 -1.48%
$0.00015
HOTHolo
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Short Review Holo
Crypto project Holo (HOT) is classified as a Cloud Storage. Holo is a Utility token that is hosted on the Ethereum Network. The current total supply is 177.62 B HOT (Circulating Supply + Tokens yet to be released - Burned Tokens). A total of 137.66 B HOT (75.00% of total tokens) have been allocated for the public sale. The level of social activity of the Holo project is assessed as Medium.
Holo ICO Overview
Estimated date for the public token sale: 28 April 2018. Holo (HOT) price during the token sale: 0.00015 USD. Min/Max Personal Cap: 0.1 ETH / TBA. You can purchase project tokens for ETH
Residents of the following countries will not be able to participate in the public sale of tokens: China South Korea USA
HOT Price Chart
The launch of HOT token trading took place on 30 April 2018.
Fundraising Rounds
Total sold 137.66 B HOT tokens (0.78% of total tokens). Total amount of funds raised by the Holo project is $20.65 M.
| Investment Round | Date | Price | Funds Raised |
| Main Sale | March 29, 2018 | $0.00015 | $20.65 M |
Holo Investors
Detailed review of Holo (HOT)
Holochain is a decentralized platform , which can be used for various purposes. Holo provides a P2P infrastructure that allows you to host and manage crypto applications that can be customized. It is believed that Holo can run faster than the blockchain system. Unlike blockchain, Holochain takes an agent-centric approach. Holochain consists of network agents, their job is to maintain the original chain with their transactions.
Additionally, Holochain uses a DHT (distributed hash table) to ensure that each node verifies the data it receives as well as the data from the original chains. Everything that comes out of this network is an application. These applications create a network. Another difference from blockchain is that Holochain does not attempt to achieve consensus within the network. Each agent (user) creates its own transaction history. Each user has their own hash chain and digital signature. Everything the user has to offer is signed. This feature can help protect users from hackers. This is a way to form an immune system for the chain.
Now every user can see the attacker and stop all types of communication with him. Blockchain is limited, while Holochain is considered to have unlimited possibilities. Despite the name, Holochain is not a true blockchain, but rather a data integrity protocol that gives a “chain” to each participant. Holochain is based on distributed hash table (DHT) technology. This gets rid of the idea that there must be a decentralized ledger that all nodes must be connected to. Instead, nodes are self-sufficient, meaning that they do not have to be connected to the network at the same time. This technology was patented by Holo in 2021 at the United States Patent and Trademark Office. Holo (HOT) is an ERC-20 project token. It can be used to validate online transactions and also serves as a payment method for hosting applications (known as Holo apps or hApps).
Those who choose to keep their HOT will be able to exchange them for HoloFuel microcurrency at a one-to-one ratio during the exchange period. HOT, however, will remain an active token after the release of HoloFuel: the tokens will be moved to a reserve account and will serve as a stability fund for Holochain.
The Holo Project (HOT)
Holochain was created at the end of 2016 by experienced programmers Arthur Brock and Eric Harris-Brown. Both have experience creating currency systems. Arthur worked for GM, Chrysler & Hughes, where his area of expertise was artificial intelligence. Eric has worked in software and had experience developing cryptocurrency platforms. They decided to solve the problem that plagues the two most famous blockchain projects, Bitcoin and Ethereum - the inability to grow quickly and provide high transaction speeds. If you want to stay on top of the cryptocurrency market, you need to be able to process many transactions quickly. The solution that Brock and Harris-Brown found was to replace the global consensus with individual branches. Each fork is monitored by a special agent. Each of these separate nodes logs transactions, reducing their execution time. Such a network is also easier to scale: just add more nodes that will record more transactions, and the problem is solved. This robust foundation is built to support distributed applications as the Holochain marketplace and ecosystem makes it easy for users who are new to blockchain technologies. access to applications. These apps are supported by members of the Holochain network and give users complete control over their privacy and data. Holochain could become the basis for applications that help manage and collaborate, serve as new social networks, etc.
Benefits of Holo (HOT)
- Each node only holds part of a node's data.Unlike a blockchain, where each node must store a complete copy of the entire ledger, in Holochain each user only owns a part. This allows you to run lighter applications.
- No data loss if a node goes offline. If a node goes offline, it may result in loss of transaction records or transaction failure. Therefore, it is important to protect data in case something happens to the nodes.
- Go crypto, go green. Blockchains like Bitcoin that use Proof-of-consensus Work to validate transactions and need mining to complete blocks consume huge amounts of energy and this has started to impact the environment. Holochain does not require Proof-of-Work or Proof-of-Stake consensus to validate transactions, there is no need to mine to create new blocks, and each node in Holochain is not required to store the entire history of previous transactions. Removing all these operations from the equation significantly reduces the energy costs of running the network.
- User-centric networking. No additional software required. Holochain is designed for everyday users, so it should be easy to use.
- Earn income using an infinitely scalable network.Have you ever wanted to make money just by hosting? All you need to do to start receiving HOT tokens is to host hApps on your computer. The more users are willing to host, the larger the network becomes and the more capable it is.
Holo (HOT) Disadvantages
- < b>No anonymity. There is an authorization algorithm. It is impossible to miss.
- The uncertain future of the HOT token. As mentioned above, HOT holders will be able to exchange their tokens for HoloFuel in the future. Additionally, HoloFuel will be used to pay for app hosting instead of HOT. The project hasn't given much information about the future of HOT, but it seems like HoloFuel could replace it entirely.
