What Is Holochain.org ( HOT)?
Holochain.org 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.
The Holochain.org 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. Holo is still in development and is expected to launch for open alpha and beta testing by 2021.
Important Points Table Of Holochain.org
| Basic | Points |
|---|---|
| Coin Name | Holochain.org |
| Short Name | HOT |
| Total Supply | 177,619,433,541 HOT |
| Explorer | Click Here To View |
| Technical Documentation | View Document |
| Website | Click Here To Visit |
How to Buy the Holochain.org (HOT) Coin & Trade On Exchange?
Holochain helps people:
- Own their own data
- Control their identity
- Connect applications to suit their needs
- Transact without centralized systems
- Build lighter, faster, cheaper applications
What Makes Holochain.org Unique?
According to its “green paper,” Holochain.org 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.
The Holochain.org network relies on a series of hosts that provide storage and processing power for DApps built using Holochain. Hosts either install software on their computer that runs in the background and automatically allocates extra processing power to Holochain-based DApps, or they operate a dedicated machine such as a HoloPort. In exchange, hosts are paid in HoloFuel, a token that is specifically designed for microtransactions. The design of HoloFuel is expected to allow the Holo network to process billions of simultaneous 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. Holo charges a fee on HoloFuel transactions, so its revenue model is directly tied to growing the number of applications and hosts on the network.
Holochain apps help:
- Governance & Collaboration
- Social Media, Social Networks, & Vendor Links
- Sharing Economy & Platform Co-ops Apps
- Supply Chain Wins & Social Communities
Start building your own innovative applications
We’re not just a magic idea whitepaper. You can build cutting edge distributed apps in JavaScript or Lisp on the platform right now! Your apps will have access to core services like: a customizable UI, the Holochain DPKI app that manages keys and identities across holochain applications, the Holochain.org platform for serving crypto apps to normal web browsers, API bridges between crypto apps, and the capacity to migrate data when updating distributed apps.
To develop Holochain applications you need to know about:
- getting Holochain installed
- how to use the command line tools
- how to configure your application by creating a “DNA” file
- how to write your application code in JavaScript or Lisp
- how to think through building a distributed application
- how to build a user interface for your app
- how to test your application code
Holographic storage for distributed applications
Holochain.org applications (hApps) are held entirely by people. No trusted third parties. No central points of failure. They enable direct architectural consent and cryptographic communication that are low risk, for less cost.
Each agent owns an immutable hash chain and stores public data as a monotonic DHT node. Think lightweight, secure decentralized computing possible on mobile devices!
Holochain.org Coin Team
David Meister – Developer
Arthur Brock – Chief Architect
David Braden – Developer
Eric Harris-Braun -Executive Engineer
Celestial Hanley UX/UI
How Is the Holo Network Secured?
The Holochain.org 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.
According to its development team, Holo is designed to be as decentralized as possible in order to reduce the risks associated with giving any one entity too much power. The connection between hosts and applications is end-to-end encrypted, and Holo uses a globally distributed network of servers.
Low-cost, lightweight, secure
Every application runs its own holochain on its own terms, with cheaper hosting overhead. Since users are hosts, as more agents use an app, more hosting power and storage becomes available. The load gets lighter! Each agent’s source chain holds the app’s “DNA”—the code that runs the app. Its peer validation requirements ensure secure apps.
Holochain.org data cannot be counterfeited, tampered with, or lost. Each app stores its data in a validating DHT creating redundancy of public data across randomized nodes. When nodes go offline, the DHT is self-healing and rebalances the data to different nodes. And if someone alters their own app code they effectively fork themselves out of the shared DHT space into an entirely different application.
Where Can You Buy Holo (HOT)?
Holochain.org 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).