Holochain Review: HOT Really that Hot?
⛓️ 🔗 Helpful Links 🔗 ⛓️
► Website: https://holochain.org/
► Whitepaper: https://github.com/Holochain/holochai...
► GitHub: https://github.com/Holochain/
► Token Swap Guide: https://medium.com/h-o-l-o/hot-to-hol...
📝 Project Overview 📝
Holochain is a framework for distributed applications. Holochain uses an “agent-centric” approach.
This could provide a more scalable and customizable solution than traditional blockchains
⚙️ Technology ⚙️
With the Agent centric architecture, the Agent (in this case the node) runs their own blockchain that connects to the public Holochain.
The agents only need to maintain their individual blockchain and the cryptographic key connecting them to the public chain. #
Holochain can maintain the data verified by these agents through a series of rules that can validate the data.
This has the benefit of keeping a limited record of the data on these agent nodes should they go offline.
💰️ Token 💰
HOT is an ERC20 token that was issued in a crowdsale ICO that took place in April of 2018. They were able to raise about 30,000 ETH in exchange for over 133 million HOT Tokens.
Prices of HOT have been trading range bound since they hit the open markets.
HOT Tokens can be exchanged for holo fuel which are used to pay the node operators to maintain consensus on the network.
👨💻️ Team, Partners & Development 👨💻
The Holochain project was founded by Arthur Brock and Eric Harris in 2016.
Arthur has over 10 years of systems architecture experience while Eric has a B.S. in Computer Sciences from Yale
📈 Trading & Wallets 📈
HOT token is listed on a number of exchanges including the likes of LATOKEN, Binance, Coinex, HotBit
Volume seems to be pretty well distributed amoung these exchanges which meant that the liquidity is not restricted to only one exchange.
Liquidity on each of the exchanges seems reasonable and can facilitate easy execution.
Storage can be done in any ERC20 wallet.
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.