Holo HOT Price 0.00110838

The trading volume in 24 hours is more than 14 million dollars. Over the course of the day, the asset grew by 2.12%. The coin has a market cap of 490,229,429USD and has 0.00000000 coins in circulation. The goal is to serve as a bridge between the wider Internet and applications created using Holochain, offering anecosystem and market in which DAPPS are readily available as they are hosted in Internet members of the Holo network. The HOT token was released as part of the project as a debt receipt that will be repaid at launch. Eric Harris-Brown is the executive engineer for Holochain. He is one of the co-founders of the project. The Proof-of-Work (PoW) consensus model has exhausted itself in terms of the problems that the Holo project promised to solve by changing the technology from scratch. The Holo project takes an agent-centered approach to reality data in which participants share their own "realities" based on established rules. The Holo platform is built on combining the realities of individual data, just as holograms are created from multiple light sources. Eliminating models based on a single registry and consensus is what Holochain does. Instead, it uses a system borrowed from a torrent technology in which parts of a single file are stored from different users. The system allows users to piece together puzzle pieces from different users and create a unified view of the state of their chain. The efforts of DApps are harmed by limited maneuverability regarding consensus rules. In response, the Holo project implemented a DNT system that defines basic validation rules in the chain, with the ability to develop each DApp based on certain custom rules in his own chain. The revenue model of Holo is linked to the growth of apps and hosts on the network. It doesn't rely on global consensus to protect its networks. Each dApp has its own set of verification rules and a local hashing chain in which it can store records.