Holochain is an energy efficient post-blockchain ledger system and decentralized application platform that uses peer-to-peer networking for processing agent centric agreement and consensus systems between users.
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 liberates our online lives from corporate control over our choices and information. Holochain enables any device to have its own chain based ledger system. By using a holographic model for data storage and transfer developers can now create decentralized applications that can scale in multiple dimensions across a network ensuring they are truly distributed. This enables every device on a network to function independently, and only requires the synchronization of data when necessary, or agreed upon by users. This means every user is in control of their own data, and never has to risk their data being sold or exposed to 3rd parties. This has led to an increase in HOT price.
HoloFuel is the internal micro currency that powers the Holo hosting network. It is a mutual-credit crypto currency capable of billions of daily microtransactions.
HoloToken (HOT) is an ERC-20 token that will be convertible to HoloFuel during the swap period. It will be exchangeable 1:1 for HoloFuel on the Holo Reserve.
Holo does to cloud hosting what Airbnb did to hotels—anyone can become a host by turning their computer into a source of revenue and getting paid in HoloFuel for hosting distributed applications. The Holo software runs in the background, allocating spare storage and processing power to serve peer-to-peer (P2P) apps to the legacy web. Hosts set their own hosting prices, set preferences for types of P2P apps to host, and manage their own priorities.
Let us review HOT Price
HOT Price Prediction
HOT is currently trading close to the resistance at $0.007185. If it can break this resistance, we could see a move towards $0.008982, $0.010359, $0.011735, $0.013695, $0.016191. If the resistance at $0.016191 breaks, we could start seeing a move towards $0.023400 and $0.035065. Failure to break the resistance at $0.007185 could lead to a drop towards $0.005551 and $0.004503.
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