๐ฅ๐ฅWhat is Holo? What do Holochain and HOT tokens do?
Holochain
#holochain (#HOT ) aims to provide a decentralized internet by considering user independence instead of globality. HOT is the cryptocurrency of the Holochain project.
What is Holochain?
Holochain (HOT) aims to provide a decentralized internet in a simple sense. With Holochain applications (hApps), an internet that is free from corporate control and serves individuals is aimed. In Holochain, unlike the globality in the Blockchain network, there is a unique chain of individuals. HOT is the cryptocurrency of the Holochain project, which uses the ERC-20 infrastructure.
When Did Holochain Appear?
Holochain (HOT) was created by Arthur Brock and Eric Harris-Braun. April May 2018 Holochain's ICO, also known by the acronym HOT, was held between the month of April and May 2018 Dec. Since May, it has started to be listed on cryptocurrency platforms under the name Holochain (HOT).
How Does Holochain Work?
Holochain is a bridge between Decoupled Holochain applications and the centralized Internet. In the working mechanism of Holochain, each participant has his own chain. Thanks to this feature, users can make transactions with Holochain applications and control their identities with their own data without depending on the centralization structure. This is the most obvious difference of Holochain. At the same time, Holochain aims to be a next-generation project that is scalable, fast, energy efficient and cheaper compared to other blockchains.
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