HoloHOT to AUD

With Holo, you can run distributed applications and peer-to-peer storage on the Holo cloud. Through Holo, network participants can become hosts, using their computational power to distribute decentralized applications across the network, and get paid to do so.
 

Unlike other platforms, Holochain uses the Holo system as the medium to connect users to the internet. Decentralized apps are Holochain applications. Apps on Holochain are known as happy rather than Dapps, a well-known term. The goal of Holo is to offer developers working with decentralized applications a more efficient and cost-effective platform that achieves consensus without using traditional blockchain consensus algorithms.

With Holo, the internet will be reimagined. Intermediaries or central authorities can't see or control information stored, shared, or distributed in this scalable environment. Using a unique hashing algorithm, Holo aims to make the internet work for people instead of corporations by lowering the cost of operations. 

Who founded Holo?

Arthur Brock and Eric Harris-Braun founded Holo in Gibraltar in 2017. Holo is a peer-to-peer platform that uses DHT hashing to provide app hosting within a peer-to-peer ecosystem.

Cardinal Capital also funded the project during its initial funding round and two subsequent rounds of funding.

How Does Holo Work?

By using a hashing process, Holo and Holochain ecosystems can verify transactions, generate new blocks, and secure the network without using traditional blockchain technology. A distributed hash table is at the core of Holo.

Using DHT, a transaction can be verified individually by a single node, which is agent-centric. The data is distributed to other nodes in the system after it has been verified by one of them, who then verifies the authenticity and transparency of the verification info in a second round. Traditionally, traditional protocols often need help with scaling problems due to the increasing number of nodes and computing power. In DHT, data is distributed, and traffic is shared so that hosted apps run smoothly and optimally.

In Holochain, transactions are verified by hashing instead of traditional blockchain technology, so no staking or mining is required.

What Makes Holo Unique?

The Holochain platform runs on a hashing algorithm rather than traditional blockchain technology, which makes it a unique product. hApps, used on the Holo network, are traditional distributed ledger applications that can be hosted and used on the network. To run a Holo node, there is no need for staking or mining.

The Holochain app is unique in that it offers a P2P market where users can purchase hosting services for applications developed by others and deployed on the app through its DHT hashing function.

What gives Holo value?

Technology, use case, and adoption level all contribute to Holo's intrinsic value. The total supply of HOT tokens is important in determining Holo's market value. Due to the finite supply, HOT tokens may make good long-term investments due to their anti-inflationary properties.
 

News and events affect Holo's value, including updates and developments. A P2P market for hosting apps is what gives Holo additional value.

Primary features of Holo

• Improves the efficiency of technology and provides a sustainable flow of technology.
• Its users are held accountable for every piece of information they provide.
• Sharding in Holo makes it adaptable to extremely distributed networks, even if they are extremely large.
• Blockchains have become more flexible and streamlined as a result.
• Authentication is based on content, providing a better user experience. Consequently, this creates a more controlled and efficient blockchain network. 
• Because Holochain encrypts all peer-to-peer chains, it is a highly secure protocol.

Pros & Cons of Holo

Pros

• There is no reliance on the global ledger to authenticate Holo coins.
• There are no delays in the transactions. 
• The nodes are distributed over multiple holochains, allowing for better adaptability.
• It is considered a good long-term investment to buy Holo coins.
• With no crowded ledgers, the network flows smoothly.
   

Cons

• The market is more competitive.
• A backing commodity is not available.

Holo (HOT) Token Matrics

Where is the Holo (HOT) coin available?

Holo (HOT)  is available on a variety of cryptocurrency exchanges. The list of quick, secure, and easy exchanges is listed below.

• Binance
• CoinEx
• Coinone
• MEXC

You can check the whole list of exchanges here to buy  Holo (HOT)