Cryptocurrency Holo (HOT)
The price for Holo (HOT) cryptocurrency is currently 0.0022 $ (15 min delay),
daily range of currency change is 0.0022 - 0.0022 .
Last 24 hours news: trading volume - 17.50M $, price variance +0.08% .
The highest trading volume belongs to the pair HOT/USDT at the Binance exchange
Project Website - https://holo.host/
Explorer of transactions - https://etherscan.io/token/0x6c6ee5e31d828de241282b9606c8e98ea48526e2
Twitter Account - https://twitter.com/h_o_l_o_
Chart Holo (HOT)
|Current price Holo (hot)||0.0022 $|
|Market Capitalization||380.85M $|
|Trading Volume last 24h||33.73M $|
|Minimum exchange rate (24h)||0.0021 $|
|Maximum exchange rate (24h)||0.0022 $|
|Market cap rank||№ 149|
|Absolute maximum||0.031 $|
|Absolute minimum||0.00022 $|
|0.05%||20.89M $||2023-12-07 16:29:13|
|0.41%||14.65M $||2023-12-07 16:30:55|
|0.43%||6.19M $||2023-12-07 16:08:59|
|0.09%||5.63M $||2023-12-07 16:27:50|
|0.16%||1.84M $||2023-12-07 16:29:50|
What is Holo (HOT)
Holochain enables a distributed web with user autonomy built directly into its architecture and protocols. Data is about remembering our lived and shared experiences. Distributing the storage and processing of that data can change how we coordinate and interact. With digital integration under user control, Holochain liberates our online lives from corporate control over our choices and information.
Holochain is an energy efficient post-blockchain ledger system and decentralized application platform that uses peer-to-peer networking for processing agent centric agreement and consensus systems between users.
Holochain enables any device to have its own chain based ledger system. By using a holographic model for data storage and transfer developers can now create decentralized applications that can scale in multiple dimensions across a network ensuring they are truly distributed. This enables every device on a network to function independently, and only requires the synchronization of data when necessary, or agreed upon by users. This means every user is in control of their own data, and never has to risk their data being sold or exposed to 3rd parties like what just happened with Facebook and Cambridge Analytica.
Holochain provides a framework for developers to build decentralized applications and aims to change the paradigm of data-centric blockchains to an agent-centric system. In Holochainâs fledgling system, no true global consensus is maintained. Instead, each agent in the public blockchain maintains a private fork, essentially, that is managed and stored in a limited way on the public blockchain with a distributed hash table. This means there are no scalability limits and dapps hosted on Holochain can do much more with less of nearly everything than traditional blockchains.
The developers added that Holochain is relatively flexible when it comes to handling new languages, so there is potential for growth on that front. Holochain bills itself as an environmentally friendly alternative to traditional blockchains. Because there is no need for each individual agent to store and validate the global blockchain, Holochain only consumes a fraction of the bandwidth of traditional chains. Holochain also does not have a mining component, so thereâs no electricity or processing power spent on proof-of-work calculations.
Arthur Brock and Eric Harris-Braun are the co-founders of Holochain and creators of Holochain. They have been designing alternatives currencies since the 80âs and have been working on Holu since before the Bitcoin whitepaper was written. To protect the incentives of users, founders and developers, Holochain is owned by a non-profit foundation. he companyâs advisory team also includes Ryan Bubinski, the co-founder of CodeAcademy. In June, Holochain announced a new strategic partnership with Promether, an Adaptive Symbiotic Platform (ASP) that implements all the networking, security and anonymization code applications need to protect their data.