Holo (HOT) is a distinctive cryptocurrency that powers the Holochain network, a decentralised hosting platform that differs from traditional blockchain technology. Founded by Arthur Brock and Eric Harris-Braun, Holo emerged from the desire to provide a scalable, efficient alternative to blockchain by enabling a peer-to-peer network where applications can be hosted without the limitations of traditional servers. Instead of maintaining a global ledger, Holochain uses individual nodes to store data, allowing for greater efficiency and decentralisation. HOT tokens facilitate transactions within the Holo ecosystem, acting as a bridge between the end-users and hosts by compensating hosts for providing their computing resources to decentralised applications (dApps).
Holo (HOT) is a distinctive cryptocurrency that powers the Holochain network, a decentralised hosting platform that differs from traditional blockchain technology. Founded by Arthur Brock and Eric Harris-Braun, Holo emerged from the desire to provide a scalable, efficient alternative to blockchain by enabling a peer-to-peer network where applications can be hosted without the limitations of traditional servers. Instead of maintaining a global ledger, Holochain uses individual nodes to store data, allowing for greater efficiency and decentralisation. HOT tokens facilitate transactions within the Holo ecosystem, acting as a bridge between the end-users and hosts by compensating hosts for providing their computing resources to decentralised applications (dApps).