Description
Holo is a distributed hosting platform powered by the Holochain framework, aimed at enabling decentralized applications (dApps) to serve mainstream Internet users efficiently. Distinct from traditional blockchain technology, Holochain emphasizes scalability and adaptability, eliminating the need for global consensus. Holo introduces a marketplace for dApp providers to connect with hosts in a peer-to-peer manner, compensating hosts with HoloFuel, a currency designed for microtransactions within the Holo ecosystem. This model promotes scalable, fast, and cost-effective transaction processing, addressing common blockchain limitations such as high fees and slow speeds. As part of the MetaCurrency Project and marking the initial phase towards a decentralized hosting ecosystem, Holo seeks to democratize access to decentralized services, making them readily available to the general public without necessitating blockchain proficiency. This approach underlines Holo’s commitment to overcoming the scalability and usability challenges inherent in conventional blockchain projects, positioning itself uniquely within the web3 and blockchain ecosystem.
Holo is a distributed hosting platform powered by the Holochain framework, aimed at enabling decentralized applications (dApps) to serve mainstream Internet users efficiently. Distinct from traditional blockchain technology, Holochain emphasizes scalability and adaptability, eliminating the need for global consensus. Holo introduces a marketplace for dApp providers to connect with hosts in a peer-to-peer manner, compensating hosts with HoloFuel, a currency designed for microtransactions within the Holo ecosystem. This model promotes scalable, fast, and cost-effective transaction processing, addressing common blockchain limitations such as high fees and slow speeds. As part of the MetaCurrency Project and marking the initial phase towards a decentralized hosting ecosystem, Holo seeks to democratize access to decentralized services, making them readily available to the general public without necessitating blockchain proficiency. This approach underlines Holo’s commitment to overcoming the scalability and usability challenges inherent in conventional blockchain projects, positioning itself uniquely within the web3 and blockchain ecosystem.
