Holochain

Holochain

HOT

PRICE (USD)
$ 0.00
MARKET CAP (USD)
$ 95.9 M
DAILY VOLUME (USD)
$ 2.9 M
NUMBER OF EXCHANGES
4
SOCIAL MEDIA
  

(93%) Average Rating
Team Quality:
Info Quality:
Track record:

cryptoTax

Sort by: Latest / Earliest / Upvotes / Downvotes

Team Quality
Info Quality
Track record

s32rcan posted on December 04, 2019 23:04:18

With Holochain, people can:
- Own their own data
- Control their identity
- Connect applications to suit their needs
- Transact without centralized systems
- Build lighter, faster, cheaper applications


Team Quality
Info Quality
Track record

Rocksteady posted on December 04, 2019 14:43:03

Holochain moves beyond general Blockchain by offering inclusive ways of being a part of a hugely scalable ecosystem for building decentralized applications which are run peer-to-peer.

It solves a number of critical issues which Blockchain has failed on.

Whereas Blockchain requires a global consensus on every store of information, Holochain is agent-centric, so each contributing entity creates their own chain. There is not one big Holochain, but lots of little chains.

Scalability is a massive problem for Blockchain, but Holochain becomes more efficient as it grows whilst also being cryptographically secure.

Holochain is the next big step for the internet and provides vastly more effective solutions to Blockchain technology's failings like scalability, speed, energy usage, and lost coins through not being able to cancel transactions.

Hosts in the ecosystem will be reimbursed in HoloFuel for their contribution of supplying computer processing power, meaning it has a beneficial value to both the developers of the app, and the individuals who host it.


avatar bullish 48
Team Quality
Info Quality
Track record

bullish posted on November 22, 2019 20:33:33

Very interesting project that isn't even a blockchain nor do they have a native token! Wait a minute, you may ask, what is the Holofuel token or HOT all about then? Well they creatively integrated this token with their hardware devices that hosts Dapps, websites, and more data in a distributed/decentralized fashion. Basically any dev or project that wants to use your nodes to host their data will need to pay you with HOT tokens.

This is a novel approach and their core team is super technical and has decades worth of experience in this broader niche. Only gripe is that they don't have a strong marketing team, which is good to have on any crypto project that is trying to get more adoption.

Overall I'm a fan of this project even though I don't currently own any. Fez actually made a great video about it that you should check out: https://www.youtube.com/watch?v=WkGq8wl9mww (it is up to date as of late 2019)


avatar Luke B 19
Team Quality
Info Quality
Track record

Luke B posted on March 23, 2019 06:50:55

Good project with a good concept and active team but dont understand why they are a crypto project? they dont use a blockchain as there are no ledger involved in the process at all but maybe use the token for payment for data sharing and the social media projects they work on too? its abit unclear..


Team Quality
Info Quality
Track record

stellarowl12 posted on April 17, 2019 00:51:15

This project is one of those new-age ones in the crypto space that aren't even that similar to other projects. It isn't using blockchain per-se and it is trying to build infrastructure for the decentralized internet. A lot of buzz-words and HIGH ambition. At least they are real people working on the project and their GitHub is active. So I'll give them the benefit of the doubt for now. But... do they really need a token, especially if they aren't using blockchain??


avatar Dr. Doom 260
Team Quality
Info Quality
Track record

Dr. Doom posted on February 03, 2019 15:50:56

Not a blockchain but also not an intentional scam impo. Might become something in the future but all is still highly speculative. It is one of the best performing assets in this bear market though, so there's that (that could also mean that at the time of writing it is already overpriced, no way of really knowing though, but most of the gains are already behind probably)


cryptoTax

Join the CryptoCanary Flock

Get a weekly update on the best and worst projects right in your inbox.