Holo (HOT) was developed by Arthur Brock and Eric Harris-Braun. It is a peer-to-peer distributed platform built using Holochain. The project aims to eliminate the need for traditional blockchain technology in the development of decentralized applications. HOT is the native token of the Holo ecosystem. This article explores what Holo (HOT) is, how it works, its role in the cryptocurrency ecosystem, and how to trade it on BtcTurk | Global.
TABLE OF CONTENTS
What is Holo (HOT) Coin?
Holo (HOT) enables the use of Holochain instead of blockchain technology in the development of decentralized applications. The project aims to establish a marketplace where decentralized applications are more easily accessible. Holo seeks to act as a bridge between users and decentralized applications. The Holo network operates through servers that provide storage and processing power for decentralized applications built with Holochain.
Holochain allows users to interact directly with one another, operating on an infrastructure that resembles torrent networks. To protect against malicious software commonly associated with torrents, Holochain enforces strict standards for any data stored on the network. Since shared data on Holochain cannot be deleted, this validation process is critically important.
What is Holo Fuel?
On the Holochain platform, users can create their own decentralized applications. The currency used within the Holochain network is called HoloFuel. It is designed to cover the operational costs necessary for the growth and development of the Holochain ecosystem. HoloFuel is equivalent to HOT, the native cryptocurrency of the Holo network.
Supply of Holo Coin
The total supply of HOT is capped at 177,619,433,541 tokens.
Key Facts About Holo (HOT)
- Holo was developed by Arthur Brock and Eric Harris-Braun.
- Holo’s native cryptocurrency, HOT, is issued on the Ethereum blockchain.
- Holo (HOT) aims to eliminate the need for blockchain technology in the development of decentralized applications.
- Holo is a peer-to-peer distributed platform built using Holochain.
- The total supply of HOT is capped at 177,619,433,541 tokens.
- You can visit Holo’s official website at https://www.holochain.org/.
- For all the technical details about Holo (HOT), you can access the white paper at https://holo.host/whitepapers/.
How to Store Holo Coin?
Holo’s native cryptocurrency, HOT, is an ERC-20 token that provides an alternative to blockchain technology for decentralized applications. You can manage your HOT balances using desktop, mobile, and hardware wallets that support ERC-20 Ethereum assets.
How to Buy and Sell HOT Coin?
You can buy and sell Holo (HOT) with Tether (USDT) using the BtcTurk | Global website or mobile app. If you’re not yet a member, you can easily register on our website or app and buy Holo (HOT) by depositing cryptocurrency.
