What is Holo (HOT)? | Holochain Crypto Explained in Under 60 Seconds

The Holo Network is marketplace & distributed peer-to-peer platform for hosting Holochain applications (hApps). Holo creates a bridge between Holochain apps & web users. The Holo crypto (HOT) is an ERC-20 cryptocurrency that powers the Holochain platform. Used for liquidity and redeeming HoloFuel tokens.

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Holochain is an open source framework designed for building versatile & scalable distributed applications more efficiently than blockchain.

HoloPort devices allow hosts to provide processing power & storage for distributed applications, in exchange for redeemable credits called HoloFuel. HoloFuel are Holo’s crypto-credits that are earned by hosts. Designed for high volume micro-transactions & backed by computing power.

Developers, hosts, token holders and many other Holonauts (members of the Holochain/Holo community) make up the HoloVerse.

Holo serves as a bridge between the broader internet & apps built on Holochain (hApps). Provides a framework to develop dAPPs without blockchain technology. The Holo ecosystem allows developers to create dApps, with services such as Holo’s RAD tools (Rapid Application Development) to help get them started.

WEBSITE: https://holo.host/