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Use Cases
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Facilitates the deployment of decentralised applications (dApps) without the need for traditional blockchain infrastructure.
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Enables peer-to-peer transaction verification, enhancing the decentralisation of networks.
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Offers an eco-friendly alternative to blockchain by minimising energy consumption through distributed computing.
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Acts as a hosting platform, allowing individuals to monetise their computing resources.
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Supports the creation of interconnected networks for community-driven projects and services.
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About
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).