Welcome to our Holo (HOT) news page. Here you'll find some of our featured Holo (HOT) Crypto Token content pieces as well as all our latest Holo's Holochain posts.
[Crypto Scam Alert]: Latest Rumor Shares Holo (HOT) Tokens Are Fraud?
There are many places where the crypto community discusses the latest issues and trends. Right now, one particular hot spot is Reddit and it is where many are currently are addressing the Holo (HOT) token. One thread believes that the token is a scam – as it states, it is,
“just an ERC-20 Token and when they launch main net the Holochain tokens will be turned into Holofuel but none of the value will carry over.”
Further, people probably should not buy the tokens because right now, they are,
"essentially worthless because their destination is to be turned into a payment method for the cloud hosting.”
The cloud hosting will be directly correlated with the ecosystem’s worth – as in, the demand for Holofuel. Likely, holofuel will be worth next to nothing if it will have the same or less than the same amount of users as almost every other dApp, which is around 500.
The thread poses the question of why the team would allow the ERC-token to be traded if the value is derived from the worth of the ecosystem. Those who are interested in viewing the discussion can do so on Reddit.
Binance Exchange to Add Holo (HOT) Crypto Token Trading Support
Binance cryptocurrency exchange continues to expand its list of tradeable coins and tokens by adding Holo (HOT).
Just announced, Binance said the Holo coin will start with two trading pairs in HOT/BTC and HOT/ETH and will be effective July 24, 2018 at 4AM UTC.
What we have saw with all of the new coin listings that get added to world's most popular alt-coin exchange is known as the 'Binance Effect'. This is where a coin will get listed and see immediate spikes in prices due to trader accessibility.
And as it stands right now, the HOT token from HOLO is currently trading at $0.000739USD which is up by 34.21% already since the announcement just went live.
For those not familiar with the Holo project, it was created to act as a bridge for people to migrate into more decentralization and autonomy. Labeled as a pragmatic compromise, since it must interact with the centralized systems inherent in our society today, it also has parts of it considered centralized but has set out to improve upon many interdependent innovations within the landscape of blockchain applications and cryptocurrencies.
Here is a reference list of what Holo is looking to do:
- Technological Innovations: Scalable P2P applications on Holochain,
- Technological Innovations: Hosting P2P apps for mainstream users,
- Currency Innovation: Double-Entry Crypto-Accounting system for rewarding Hosts
- Business Model Innovation: Leveraging excess capacity using Sharing Economy principles
- Funding Innovation: Bonding ICO with Crowdfunding to demonstrate real demand and establish stakeholders in an ecosystem backed with real world assets.
Holo hopes to bring these advancements together to build a coherent approach towards a greater self-regulating ecosystem of blockchain-based distributed applications.
We have a full review on the HOLO project here you can read more about it:
What do you guys think of Binance's listing of Holo's HOT token? Doing a quick twitter search through the thread announcement and you will see not everyone is a fan of it given the lack of transparency and understanding gone into the Holo project so far:
We will be sure to update once more data comes in regarding Holo's coin price as well as the projects new advancements and innovations as they become available.
Holo's Holochain & Promether's ASP Form Strategic Security Partnership
Holo And Promether Announce A New Partnership
A well-known cloud computing platform Holo, which was built on a blockchain called Holochain, has just announced a new partnership with Promether. The official announcement came on June 5, and it came after a long negotiation between the parties, spanning several months.
A new development has seen an official announcement released by Holo and Promether, two platforms with an obvious interest in each other. Promether is a lesser known one, while a lot of crypto uses have already heard of Holo and its Holochain, especially after its recent ICO that managed to raise over $23 million.
What Is Promether?
Promether is one of the new platforms, known as an ASP, or Adaptive Symbiotic Platform. It executes anonymization codes, as well as security and networking, and pretty much anything else that various apps need in order to make their data safe. Through the processes of advanced encryption, the merge of decentralized networks, and distribution of ledger tech, it puts complete control into the users' hands.
Of course, Promether's method of operation and full services that this platform is performing are far more complex, and can be properly understood only through studying of their whitepaper. To put it shortly, this is a platform that is trying to make a decentralized network that would be scalable, and would offer various features regarding security to its users.
In a way, Promether works as a link between the users, the network that they are using, as well as various applications. Those apps are usually tightly connected to anonymity, privacy and security features that come from the network itself. According to the platform, the creation of security, privacy, and anonymity layers will change the way of online engagement between the people. It will also solve various issues in regard to control centralization.
There have been a lot of concerns regarding the transparency of the blockchain-related transactions, since they allow those with access the records to trace all of the transactions to specific individuals. Many believe that this will be a serious privacy problem, and that it can even be used as a method of surveillance by the government.
Despite the fact that there are already the so-called 'privacy coins', their use is not a good enough solution. This is mostly because transaction privacy is not the only issue, and the privacy needs to also cover things like messaging, storages, browsing, sharing, and so on.
Because of this, platforms that offer additional security, anonymity, and privacy - even in the world of blockchains, are very much needed right now, and will definitely be needed in the future. Of course, there are still a lot of problems and various issues to be solved, but Promether is, at the very least, on the right track.
Holo's Interest In Promether
Not a lot of details have yet become publicly known about Holo's partnership with Promether, which is something that will surely change in the coming months. However, what is known is that the partnership between the two includes matters related to development and security.
The partnership is called 'Strategic Security Partnership', and it would seem that each platform features certain aspects that the other one would like to include in its own method of work. Holo, for example, will be using Promether's access to the testing of the app called Contact, which is dedicated to providing secure communication. On the other hand, Holo, or more specifically - its Holochain, can offer an adaptable platform for different P2P applications, which is something that Promether can use.
What will eventually come out of the partnership still remains to be seen. Right now, there are only a few clues regarding what's to come, that the announcement can offer.
Promether’s Impressive CEO
Promether's CEO and founder, Eric J. Anderson, nicknamed Eijah, is already a veteran of the world involving network security and system decentralization. He was also the lead programmer for popular games GTA V and Guitar Hero. His achievements do not stop there, however, and he has also served as a professor at a college, a speaker at DEF CON, American Express' security portfolio architect, as well as a CTO of MGT.
However, this is still not all there is to know about this individual, for he also appears to be a hacker involved in the Bluray hack. Not only that, but he also held various hacker workshops at DEF CON and other hacking conventions. With a leader like that, it would only be natural that his team is also comprised of exceptional individuals with vast knowledge of cybersecurity, hacking, network administration, and programming.
With that in mind, it is clear why Holo would want to partner with Promether, since its team definitely knows a thing or two about what they are doing. Additionally, Holo has also convinced Eijah to become the project's strategic advisor, especially when it comes to concerns regarding the security. There is pretty much nothing else that is currently known about the project. Still, as mentioned earlier, this will probably change in time. One thing is certain, and that is that this partnership will definitely lead to something big.
Holochain ICO (HOT Token): Blockchain Shared P2P Hosting?
HBO’s show Silicon Valley has a storyline in which the protagonist pivots to create a new Internet the uses peer-to-peer network built on top of people’s smartphones. This idea essentially cuts out the need for servers in huge data centers for cloud computing. Now technologies emerging from blockchain are turning the fiction into reality.
Startups like Holochain are trying to disrupt the cloud computing industry by using blockchain-derived software to capitalize on under-utilized consumer computer capacity, replacing remote servers altogether.
What Is Holochain?
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 transforms its user’s online lives from corporate control to a more individualistic one.
How Holochain Blockchain Shared P2P Hosting Works
Holochain helps people own their own data, Control their own identity, Connect applications to suit their needs, transact without centralized systems while building a lighter, faster, cheaper application. They provide a computational code framework for distributed computing and mutual-credit accounting.
Holochain applications (hApps) are held entirely by people. No trusted third parties. No central points of failure. They enable direct architectural consent and cryptographic communication that are low risk, for less cost. Every application runs its own holochain on its own terms, with cheaper hosting overhead. Since users are hosts, as more agents use an app, more hosting power and storage becomes available.
Holochain apps help in governance and collaboration, social media, social networks and vendor links. They even help in promoting sharing economy and platform co-ops apps.
Holochain HOT Token ICO Details
HoloTokens are custom ERC20 tokens made specifically for Holo’s ICO. They are stored in an Ethereum wallet, and can be sent from person to person, or traded on compatible exchanges. HoloTokens represent an increase in account balance on the Holo ecosystem and can be redeemed for Holo fuel once the Holo ecosystem launches.
10,000 HOT costs 0.0022671895 ETH which approximately equals 1 Euro. The initial token supply will be for 25 million worth 2.5 million euros, which is their hard cap too. Supply increases each day based on a fixed formula taking into account HoloPort and developer event sales from their crowdfunding campaign. At the close of the ICO, 33.3% more HoloTokens than were purchased will be minted for the Holo organization and team. 25% of all the tokens will be held by the organization and team and 75% is held by the community. The minimum purchase amount is 0.1 ETH.
The ICO opens on 29 March 2018 and closes on 28 April.
Bitcoin’s central mechanism , the Blockchain, is a monumental achievement in computer science. And from that central achievement, many other cryptocurrencies have emerged attempting to improve the model in one way or another. Holochain has come along to further decentralize, maximize efficiency, and allow for all types of interfaces and applications to be built with it.
You can find more about the platform and its token on holochain.org/
Holo ICO (HOT HoloToken): Blockchain Cloud Hosting Communities?
Holo is a community of passionate humans that seek to build a distributed cloud owned and run by the community—users like you and me. Holo believes in the power of a truly peer-to-peer internet.
The pillar behind Holo is to build, share, and earn. Together they are able to build an internet that is more human-friendly—one in which you are able to control your own data; you can decide who you want to interact with, and how you want to interact with them. Besides, you can get recognition and reward when you help others to do the same by sharing your computer’s processing power and storage.
With Holo, you can be part of building a new digital economy. You can also choose whom you support and connect with online. In addition, you can help create a more human internet for everyone across the globe.
How Does Holo Work?
- First, you have to buy a preconfigured hosting box or install Holo on an existing device.
- Holo will run on the background and allocate space computing capacity.
- Your device will provide storage and processing for other users that need hosting.
- By hosting distributed applications, you can support a web that empowers individuals and communities
- In exchange for the service, you earn Holo Fuel, which is a micro cryptocurrency that can be sold to others or used to pay for your own hosting.
Holo: Founded And Built By The Community
With your backing, you can help launch a broad, stable, and secure user-friendly network. By purchasing a cloud device from Holo, you can build an essential piece of the network’s infrastructure beginning spring 2018. Don’t wait—you can be an early adopter of the Holo technology.
Your early support will allow other users a taste of the new equitable internet that enables a global scale switch. You can be a node in this internet ecosystem. Holo will launch Indiegogo crowdsale and an initial community offering.