Holo (HOT) is a cryptocurrency that powers Holochain, an open-source platform designed for distributed applications that do not rely on global consensus, but rather on an agent-centric approach.

Holochain enables developers to create efficient and scalable decentralized applications (dApps), facilitating peer-to-peer interactions without centralized intermediaries.

Main features:

  • Agent-centric approach: Unlike traditional blockchains that require global consensus, Holochain allows each user to maintain their own record, improving scalability and reducing the need for resource-intensive processes.

  • Energy efficiency: By not relying on consensus mechanisms like proof of work, Holochain offers a more ecological and sustainable alternative for decentralized applications.

  • Flexibility for developers: Provides an adaptable framework that allows developers to build a wide range of applications, from social networks to supply chain management systems.

Utilities:

  • HOT Token: HOT is the ERC-20 token used as a bridge currency on the Holo network. Users can exchange HOT for HoloFuel, the native currency of the platform, which is used to pay for services within the Holo ecosystem.

  • Hosting decentralized applications: Holo allows hardware owners to share their processing capacity to host dApps, receiving HoloFuel as compensation.

  • Intermediation-free interaction: Facilitates direct transactions and communications between users, eliminating the need for centralized platforms and enhancing privacy and data control.

Technical document:

Holochain has a technical document titled:

- "Holochain: Distributed Coordination through Scalable Consent, not Global Consensus"

Annual price evolution of Holo (HOT):

This is a list of the approximate price of HOT at the end of each year since its launch:

  • 2018: $0.0005

  • 2019: $0.0007

  • 2020: $0.0006

  • 2021: $0.0070

  • 2022: $0.0015

  • 2023: $0.0025

  • 2024: $0.0028 (as of December 15)

* Holo (HOT) and Holochain offer an innovative approach to the development of decentralized applications, prioritizing efficiency, scalability, and sustainability *


$HOT