A new one arrived in my wallet . I buy some HOT Holo.
We can't predict if it's a good crypto today and in the future but I got it .
Holochain, which some also call Holo, Holotoken or even Holo Network was imagined as an "improved" version of the blockchain as we know it today. Some don't even think of Holo as an altcoin, but rather as an altchain, that is, a crypto-asset fundamentally different from the ones we know.
In fact, Holochain operates on the basis of a new type of LEDGER that is more scalable, faster, more energy efficient, and significantly cheaper to run than Bitcoin or Ethereum. To go into details, this is a registry similar to the blockchain, but for which the nodes only hold data that concerns them directly, and only publish hash values of the data they hold. No absolute consensus for each operation carried out, no central nodes. It may sound revolutionary but it is in fact a net mesh, or mesh network, in which a value transfer solution is integrated (the HOT tokens).
The primary goal of the project is to be a fully decentralized platform for the design of applications and web hosting. To do this, Holo uses a consensus method called "Proof of Service", which makes it totally different from other systems using Proof of Work or Proof of Stake. Holochain is an interesting alternative to blockchains because it was designed especially for the creation of applications and new technologies, which is not the case with a classic blockchain.
Holo also aims to eventually replace the internet, while remaining decentralized. On the Holo network, your personal data is 100% yours and you choose how to run your applications. You can share computing power directly through Holoport to help others connect to peer-to-peer (P2P) applications. Every time people use apps you host, you earn HOT tokens.
