LIVEHolo (HOT) is the native cryptocurrency of the Holo network. Here's a brief overview:
Holo and Holochain:
Holo is associated with Holochain, a framework for building decentralized applications (DApps) and peer-to-peer networks.
Unlike traditional blockchain systems, Holochain #HOT uses a distributed hash table (DHT) and operates with a focus on agent-centric, scalable, and energy-efficient computing.
HoloFuel:
HoloFuel is the native digital currency of the Holo platform.
It is designed to facilitate transactions within the Holo ecosystem and is backed by computing power contributed to the network.
Hosting Decentralized Applications:
Holo aims to enable users to host their own decentralized applications on their personal devices, creating a distributed and scalable network.
Distributed Hosting:
Holo provides a platform for users to share their computing resources and earn HoloFuel in return for hosting decentralized applications.
Scalability and Energy Efficiency:
Holochain is designed to be highly scalable and energy-efficient compared to traditional blockchain networks.
Community Development:
The Holo project has a community-driven development approach, involving community members in the building and evolution of the network.
Please note that developments in the cryptocurrency space can happen rapidly, and there may have been changes or updates to the Holo project since my last knowledge update. I recommend checking the latest sources, including the official Holo website and reputable cryptocurrency news outlets, for the most current information on Holo (HOT) and Holochain.
