Holo (HOT)

What is Holo Cryptocurrency? Holo (HOT) is a distributed computing platform designed to improve the scalability and user experience of decentralised applications and the internet in general. It was founded in 2018 as part of the Holochain Network and uses a new consensus mechanism known as distributed hash table consensus. This consensus mechanism allows users to quickly and securely store and transfer data without the need for a third party intermediary. It is a fairly new project and has yet to gain widespread adoption, but its unique features make it an interesting choice for those looking for more efficient and secure solutions for decentralised applications. Who Founded Holo? Holo was founded by Eric Harris-Braund and Arthur Brock of Holochain Inc. Their vision was to create a platform to enable developers to create highly reliable and efficient decentralised applications, or “DApps”. What Makes Holo Unique? Holo is based on a new consensus mechanism known as distributed hash table consensus. This consensus mechanism enables Holo to scale better and work faster than traditional blockchains. Additionally, Holo is designed to prevent data manipulation, which is a common problem on other blockchain platforms. Furthermore, Holo is also more energy efficient than other blockchains due to its distributed architecture. Where Is It Used? Holo is mainly used for the development of DApps on the Holochain network. DApps are typically decentralized applications that can be used for a variety of purposes such as finance, gaming, and online storage. Essentially, Holo provides the infrastructure needed to power these applications. Where To Buy / Sell Holo? Holo is available on a variety of exchanges such as Binance, Huobi, and Coinbase. Before purchasing, it’s important to do your own research and find the best exchange to meet your needs. Additionally, you can also buy and sell Holo directly through Holochain’s DEX (decentralized exchange). Comments Holo is a promising project due to its use of a new consensus mechanism and its energy efficiency. While it is still in its early stages, Holo could potentially become a major player in the DApp space. It will be interesting to see how this project develops in the future.