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What is Holo (HOT)?
Holo (HOT) - The cryptocurrency created in 2017 that has the ability to host high-speed P2P applications.
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- Holo (HOT) is the cryptocurrency that aims to give a decentralized platform to P2P platforms.
- Holo (HOT) has the ability to handle a large number of users and transactions, without affecting its performance.
- One of its main advantages is its ability to host high-speed, low-latency P2P applications using computing resources.
Holo (HOT) Key Metrics
| Precio Reciente | $0.0017 |
|---|---|
Cap de Mercado | $295,964,833 |
Suministro Circulante | 173,342,974,127 HOT |
Suministro Total | 177,619,433,541 |
Suministro Máximo | 177,619,433,541 |
What is Holo (HOT)?
Holo (HOT) is a cryptocurrency that was created in 2017 with the goal of providing a decentralized platform for hosting peer-to-peer (P2P) applications in the cloud. Holo is a project of the Holo Foundation, a non-profit organization that aims to build a more open, accessible and decentralized Internet infrastructure.
The founders of Holo (HOT) are David Atkinson and Eric Harris-Braun.
David Atkinson is a software developer and entrepreneur with over 30 years of experience in the technology industry. Prior to founding Holo, he worked on projects related to blockchain technology, cryptocurrency and artificial intelligence. He has also founded other companies, including a software company that was acquired by Microsoft in 1996.
Eric Harris-Braun is a technologist and critical thinker who has worked on a variety of projects related to technology, philosophy and politics. Prior to co-founding Holo, he worked on software and consulting projects related to blockchain and cryptocurrency technology. He has also written and spoken extensively on technology, democracy and philosophy.
Together, Atkinson and Harris-Braun founded the Holo Foundation in 2017 to develop and promote the Holo project and its vision of a more open, accessible and decentralized Internet.
The technology behind Holo is based on the Ethereum blockchain and uses a delegated proof-of-stake (DPoS) consensus protocol to validate transactions on its network. Holo also uses a dual token system, where HOT is used as a utility token within the Holo network, while HoloFuel is used as a stable coin to settle transactions.
The Holo Token (HOT)
One of Holo's key advantages is its ability to host high-speed, low-latency P2P applications using distributed computing resources across a network of connected devices. Holo is also highly scalable, meaning it can handle a large number of users and transactions without compromising performance.
When the coin was launched, it had an initial offering of 177.6 billion HOT, of which 75% was earmarked for public sale, while the rest went to the company. Its main feature is that these are not subject to very long vesting or lock-up periods.
Initially, Holo (HOT) could be exchanged one for one for other HoloFuel tokens, but this decision was later reversed due to the rapid burning of the token, so it is now used only to provide liquidity within the platform.
Another main feature is that Holo does not have a supply limit and has a dynamic way of working and lsita to incorporate a credit system that allows users to have negative balances.
