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Topic: [ANN] [ICO] HoloToken (HOT): Holo The Distributed Hosting Platform - page 37. (Read 34313 times)

member
Activity: 343
Merit: 14
ICO opened today, in running status now, very simple purchase with MetaMask!  Cool Already sold in a couple of hours over 9 billion Holo token on 25 billion available the first day ... not bad I would say ... ready for the future? Go go Holochain! Let's change the Internet ... beyond the blockchain, the revolution has arrived!  Wink
newbie
Activity: 48
Merit: 0
I understand that it's difficult to read all of these white papers so I will be dropping some interesting tidbits to bring some of you off the fence.

This is from our currency white paper


Quote
Massive Transaction Volume

For Holo to service mainstream Internet markets, it must be able to host large peer-to-peer
versions of applications similar to Slack, Twitter, or even Facebook. Accounting capacities for the
computation obviously must scale with the application’s usage. As such, Holo must exceed the
capacities of current blockchain throughput of a few transactions per second by at least a
million-fold. With widespread enough usage, we expect to surpass financial exchange backbones
like the Visa network, which has a maximum estimated capacity of 56,000 transactions per
second.


https://files.holo.host/2017/11/Holo-Currency-White-Paper_2017-11-28.pdf

wait, did you hear that right?

HOLO is aiming to handle beyond1 million transactions per second.

This is mentioned in the green paper as well, actually mentioning the possibility of millions of transactions per second.

This is true scalability. How is this possible?


Our agent centric approach completely flips blockchain on it's head.

We don't use Proof of Work or Proof of Stake. We use a validating DHT where every agent or user has their own chain. by eliminating the need for every single transaction by every user EVER to be recorded into every single node, we make it possible to leap frog beyond the miniscule number of transactions per second normal blockchains are accustomed to seeing.

Care to know more? Take a peek at the white paper Smiley

newbie
Activity: 48
Merit: 0
Very unique project. I'd like to learn more about it.
It doesn't even have a Telegram channel?

Yes, the Telegram announcements channel is simply @holochain and the new official Telegram group/chat (from yesterday) is @channelholo but I noticed that they prefer Mattermost as a chat platform. In any case, a great and innovative project, it's a new world and we must say that after you read the greenpaper and all the material that these people have on the site, on Github, Medium, Reddit and around the web, after you have seen their videos on Youtube and you will have noticed the light of their eyes ... the blockchain and everything else will seem old story ...in short, these people want to build a new Internet by sharing the common people and I'm with them!

YES!

Check out some of our Youtube videos here. We have the nitty gritty technical, the 3 minute bite sized clips, and yes, the White Papers are surprisingly easy read. (Well, the main white paper has the necessary coding aspects, but the green paper and the currency paper is very accessible.)


Here is developer Matthew Schutte talking with Coin Telegraph in Davos

"Is Holochain Better Than Blockchain?"
https://www.youtube.com/watch?v=ipn6EZu6tNg&t=1s


member
Activity: 343
Merit: 14
Very unique project. I'd like to learn more about it.
It doesn't even have a Telegram channel?

Yes, the Telegram announcements channel is simply @holochain and the new official Telegram group/chat (from yesterday) is @channelholo but I noticed that they prefer Mattermost as a chat platform. In any case, a great and innovative project, it's a new world and we must say that after you read the greenpaper and all the material that these people have on the site, on Github, Medium, Reddit and around the web, after you have seen their videos on Youtube and you will have noticed the light of their eyes ... the blockchain and everything else will seem old story ...in short, these people want to build a new Internet by sharing the common people and I'm with them!
newbie
Activity: 48
Merit: 0
Our ICO is LIVE in 2 days!

Thursday, March 29th until April 28th

Further details after the jump https://holo.host/



              ICO Information


Cost: 10,000 HOT = €1 (euro) of Ethereum
Initial available supply: 25,000,000,000 HOT
Max available supply: 250,000,000,000 HOT
Minimum purchase: 0.1 Eth


https://holo.host/ico/
newbie
Activity: 48
Merit: 0
I found some comments :

" Remember Holo fuel is not a token, it is double entry accounting, keeping them means we get a credit to the Holo account which must also be debited against the Holo account = burned tokens. . Does that mean keeping HOT after the holo launch does not bring value to the investor? "

I am a bit nervous if my money invest to holo that may be not take profit.

The whitepaper it is discusses how the value will continue to grow accordingly as apps and hosting increase.

Early investors gain a better return on investment because their Holo will represent a certain amount of computing power on the network for hosting. As hosters on the network compete to obtain decentralized app data to host, smaller amounts of holo will be demanded in order to gain hosting.

To put it in a dollar context, lets make this overly simple...
 if 1 holo = 1 dollar...

There will be a cost for hosting data for decentralized apps. Developers will need to pay for this (and users will indirectly pay for this by paying within the application). They will buy Holo.

If at first it cost 1 holo (around 1 dollar) for basic amount of computing power...over time as more individuals grab Holo Ports and host data to earn Holo, they will compete to gain contracts for hosting. Perhaps someone will be willing to host the same amount of computing power for 95 cents

In time, we will see that people will compete to host decentralized apps for less than less Holo. But the cost and demand to host applications will not decrease. This means the value of Holo will increase in it's USD value.




It's just the case if the holo project has a large market and millions of users. The world has a lot of cloud computing projects, holo will need 5 years to 10 years to hit the target.
The holo token is not list on exchange like binance bittrex, the holo token will be destroyed and convert to holo fuel, and holo fuel will only trade internally, meaning that the holo project will not have trade and liquidity in the next few years. ICO investors will need 10 years to make a profit.

This is a very risky investment



Of course it isn't listed on an exchange, our ICO starts March 29th. There is nothing to list or trade yet.

And no, it won't only trade internally.

You have misunderstood our offering. There are hardly any projects providing data hosting services for decentralized and distributed apps.

HOLO will be not only an ecosystem for storing that pivotal data, it will also be a bridge that connects decentralized applications to the average joe so they can just connect to decentralized applications as though they were regular apps.


newbie
Activity: 2
Merit: 0
I found some comments :

" Remember Holo fuel is not a token, it is double entry accounting, keeping them means we get a credit to the Holo account which must also be debited against the Holo account = burned tokens. . Does that mean keeping HOT after the holo launch does not bring value to the investor? "

I am a bit nervous if my money invest to holo that may be not take profit.

The whitepaper it is discusses how the value will continue to grow accordingly as apps and hosting increase.

Early investors gain a better return on investment because their Holo will represent a certain amount of computing power on the network for hosting. As hosters on the network compete to obtain decentralized app data to host, smaller amounts of holo will be demanded in order to gain hosting.

To put it in a dollar context, lets make this overly simple...
 if 1 holo = 1 dollar...

There will be a cost for hosting data for decentralized apps. Developers will need to pay for this (and users will indirectly pay for this by paying within the application). They will buy Holo.

If at first it cost 1 holo (around 1 dollar) for basic amount of computing power...over time as more individuals grab Holo Ports and host data to earn Holo, they will compete to gain contracts for hosting. Perhaps someone will be willing to host the same amount of computing power for 95 cents

In time, we will see that people will compete to host decentralized apps for less than less Holo. But the cost and demand to host applications will not decrease. This means the value of Holo will increase in it's USD value.




It's just the case if the holo project has a large market and millions of users. The world has a lot of cloud computing projects, holo will need 5 years to 10 years to hit the target.
The holo token is not list on exchange like binance bittrex, the holo token will be destroyed and convert to holo fuel, and holo fuel will only trade internally, meaning that the holo project will not have trade and liquidity in the next few years. ICO investors will need 10 years to make a profit.

This is a very risky investment
newbie
Activity: 2
Merit: 0
We're very glad to finally announce that **the Holo ICO will start at 10:00 a.m. GMT on Thursday 29 March,** and will close on 28 April! Get whitelisted now if you haven't already!



More ICO info.

You can check out this video about our Initial Community Offering to better understand how our ICO is so different from most other ICOs, and this video about the vision of Holochain and Holo.

newbie
Activity: 2
Merit: 0
Very unique project. I'd like to learn more about it.
It doesn't even have a Telegram channel?

We have a Mattermost server (open source slack clone) instead: https://chat.holochain.net
newbie
Activity: 126
Merit: 0
On which ICO listing sites you have been published?  Huh
newbie
Activity: 53
Merit: 0
A step-by-step guide on how to develop and run a "Hello World" sort of app on Holochain would go a long way in increasing the credibility and adoption. I'd be happy to follow it if one exists.
newbie
Activity: 48
Merit: 0
So Holochain isn't related to Blockchain at all?
Is it just using a different techonology since it doesn't use POW or POS?
Also does this mean its not possible to get your Holotoken to get listed on exchanges?

Yes, it is related but quite different technology. Shared Distributed Hash Table AND every agent get's their own chain.

 Holochain is completely unique in the crypto world.

We are engaging with some exhanges and we expect to be listed, but yes, for those exchanges who only list PoW/PoS blockchains and dont feel comfortable with DAGs or other unique chains, they may not choose to run a Holo/btc pair.

For now, the HoloToken will simply be an erc 20 token and that will readily be added to exchanges.



newbie
Activity: 48
Merit: 0
I found some comments :

" Remember Holo fuel is not a token, it is double entry accounting, keeping them means we get a credit to the Holo account which must also be debited against the Holo account = burned tokens. . Does that mean keeping HOT after the holo launch does not bring value to the investor? "

I am a bit nervous if my money invest to holo that may be not take profit.

The whitepaper it is discusses how the value will continue to grow accordingly as apps and hosting increase.

Early investors gain a better return on investment because their Holo will represent a certain amount of computing power on the network for hosting. As hosters on the network compete to obtain decentralized app data to host, smaller amounts of holo will be demanded in order to gain hosting.

To put it in a dollar context, lets make this overly simple...
 if 1 holo = 1 dollar...

There will be a cost for hosting data for decentralized apps. Developers will need to pay for this (and users will indirectly pay for this by paying within the application). They will buy Holo.

If at first it cost 1 holo (around 1 dollar) for basic amount of computing power...over time as more individuals grab Holo Ports and host data to earn Holo, they will compete to gain contracts for hosting. Perhaps someone will be willing to host the same amount of computing power for 95 cents

In time, we will see that people will compete to host decentralized apps for less than less Holo. But the cost and demand to host applications will not decrease. This means the value of Holo will increase in it's USD value.


sr. member
Activity: 560
Merit: 261
Very unique project. I'd like to learn more about it.
It doesn't even have a Telegram channel?
newbie
Activity: 2
Merit: 0
I found some comments :

" Remember Holo fuel is not a token, it is double entry accounting, keeping them means we get a credit to the Holo account which must also be debited against the Holo account = burned tokens. . Does that mean keeping HOT after the holo launch does not bring value to the investor? "

I am a bit nervous if my money invest to holo that may be not take profit.
newbie
Activity: 59
Merit: 0
So Holochain isn't related to Blockchain at all?
Is it just using a different techonology since it doesn't use POW or POS?
Also does this mean its not possible to get your Holotoken to get listed on exchanges?
newbie
Activity: 48
Merit: 0



"Is Holochain Better than Blockchain? | Interview with Matthew Schutte" From Davos.


https://i.imgur.com/48cV4t7.png?1





for some reason i can't see the link...but when i quote here I can see it.

Anyone else have the same?

Thanks for posting!

edit to add: working now!
member
Activity: 188
Merit: 11
This project looks very serious. I hope we could check thoroughly the future plans of this project. I wish you success.
member
Activity: 82
Merit: 10
Interesting protect I will be following.

I have few questions:
Holo will b using the ISP network, how does Holo makes sure the ISP does not censure connections through Holo?
What are the incentive mechanisms? I like the project and like me there could be some few other people supporting it but without a clear incentive structure the project will never succeed. I believe bitcoin success is not the decentralization and be your own bank part but the scarcity. It was planned in a way that considers people's "greediness" into it (to hopefully in the end brake the current system from inside). I do not believe projects that are utopias and not based in incentives will work. Also, put in a different way, will the cost of the hardware + electricity + others will pay off (at least for just that part)? How the supply of Holo tokens is planned so that this critical part of the Holo success is met?

Don't misunderstand me, I believe in a decentralized/distributed internet and I look forward to it but without clear/strong inactivation the network will never take off.

Thanks.

 
legendary
Activity: 2590
Merit: 1089


"Is Holochain Better than Blockchain? | Interview with Matthew Schutte" From Davos.


=> https://www.youtube.com/watch?v=ipn6EZu6tNg






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