Holo (HOT)

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Holo (HOT)

What is Holo?

Holochain enables a distributed web with user autonomy built directly into its architecture and protocols. Data is about remembering our lived and shared experiences. Distributing the storage and processing of that data can change how we coordinate and interact. With digital integration under user control, Holochain liberates our online lives from corporate control over our choices and information. Holochain is an energy efficient post-blockchain ledger system and decentralized application platform that uses peer-to-peer networking for processing agent centric agreement and consensus systems between users. Holochain enables any device to have its own chain based ledger system. By using a holographic model for data storage and transfer developers can now create decentralized applications that can scale in multiple dimensions across a network ensuring they are truly distributed. This enables every device on a network to function independently, and only requires the synchronization of data when necessary, or agreed upon by users. This means every user is in control of their own data, and never has to risk their data being sold or exposed to 3rd parties like what just happened with Facebook and Cambridge Analytica. Holochain provides a framework for developers to build decentralized applications and aims to change the paradigm of data-centric blockchains to an agent-centric system. In Holochain’s fledgling system, no true global consensus is maintained. Instead, each agent in the public blockchain maintains a private fork, essentially, that is managed and stored in a limited way on the public blockchain with a distributed hash table.

Key Facts & Snapshot

Symbol: HOT
CoinGecko id: holotoken
Market cap rank (CoinGecko): #345
Categories: Smart Contract Platform, Storage, Harmony Ecosystem, Arbitrum Ecosystem, Ethereum Ecosystem, DePIN, Base Ecosystem, Energi Ecosystem, Sora Ecosystem, GMCI DePIN Index, GMCI Index
Circulating supply (snapshot): 177,619,433,541
Total supply (snapshot): 177,619,433,541
All-time high (USD, CoinGecko): $0.0313 (Apr 5, 2021)
All-time low (USD, CoinGecko): $0.0002202 (Mar 13, 2020)