If you are already tired of centralized platforms controlling your data, Holochain may be an interesting alternative.
Briefly about the essence
Holochain is a project that aims to build a truly decentralized internet. Unlike blockchain, where all participants synchronize one global ledger, Holochain works differently: each user has their own data chain. This means higher privacy, independence from corporate control, and more freedom in managing one's identity.
How does it work?
Imagine this: instead of all data being stored on one server or synchronized across a global network, each person controls their information locally. Holochain applications (hApps) operate on this decentralized architecture, allowing transactions and interactions to occur without a mediator.
HOT token
HOT is a cryptocurrency of the Holochain ecosystem, built on the ERC-20 standard. The token was issued during the ICO in April-May 2018. Since May 2018, HOT has started trading on cryptocurrency platforms.
Why is this important?
Holochain positions itself as a scalable, energy-efficient, and inexpensive alternative to traditional blockchains. If the project fulfills its promises, it could change the approach to decentralization in the crypto world.
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Holochain (HOT) — decentralized internet of the future
If you are already tired of centralized platforms controlling your data, Holochain may be an interesting alternative.
Briefly about the essence
Holochain is a project that aims to build a truly decentralized internet. Unlike blockchain, where all participants synchronize one global ledger, Holochain works differently: each user has their own data chain. This means higher privacy, independence from corporate control, and more freedom in managing one's identity.
How does it work?
Imagine this: instead of all data being stored on one server or synchronized across a global network, each person controls their information locally. Holochain applications (hApps) operate on this decentralized architecture, allowing transactions and interactions to occur without a mediator.
HOT token
HOT is a cryptocurrency of the Holochain ecosystem, built on the ERC-20 standard. The token was issued during the ICO in April-May 2018. Since May 2018, HOT has started trading on cryptocurrency platforms.
Why is this important?
Holochain positions itself as a scalable, energy-efficient, and inexpensive alternative to traditional blockchains. If the project fulfills its promises, it could change the approach to decentralization in the crypto world.