Holo will host a live stream on YouTube

Holo will host a live stream on YouTube on April 10th at 15:30 UTC. The session will provide an update on recent progress and future initiatives.

Holo will host a live stream on YouTube on April 10th at 15:30 UTC. The session will provide an update on recent progress and future initiatives.

HOT Info

Holo is a decentralized peer-to-peer platform aiming to host decentralized applications (DApps) created with Holochain, an alternative to blockchain technology. Designed to bridge the conventional internet and Holochain-built DApps, Holo focuses on creating an accessible ecosystem and marketplace for these new-age applications.

These DApps can be used by everyday people and are accessible through network participants who will host them and have them run on their computers or dedicated devices like HoloPorts, contributing some of their processing power to DApps. In turn, they will be able to process transactions on the network and earn HoloFuel, a token used for microtransactions. It is designed for a high volume of transactions, allowing the network to handle billions of transactions simultaneously.

Holo initially issued an ERC-20 token, HOT, also known as HoloToken, in 2018. This token acts as an “IOU” and will be exchangeable for HoloFuel upon its launch. HOT serves as a temporary token until the full implementation of HoloFuel, which is the main currency of the Holo network and is used to compensate hosts for their services. Holo’s revenue model is based on transaction fees from HoloFuel, with the network's growth directly impacting Holo's earnings.