Edward.hc Profile picture
Jun 30 5 tweets 2 min read
1/5 #Holo (#HOT) aims to be “Airbnb for apps” because it pays users through #cryptocurrency incentives that reward them for participating in the #cloud-hosted #P2P app marketplace. Anyone can host a #Holochain application.
2/5 It is an integral part of the Holo ecosystem and HOT is the platform’s native token. Where Holo (HOT) is different from other cryptocurrencies is that it’s backed by tangible assets (cloud hosting services). Holo charges for transactions using P2P networks.
3/5 In direct terms, revenue is directly related to the number of applications and hosts on your network. It is also considered a unique cryptocurrency due to its distinctive architecture.
4/5 The Holochain platform does not run on traditional blockchain technology but uses a hash algorithm as a post-blockchain network. It uses traditional distributed ledger technology to allow users to host and use various applications called hApps on the network.
5/5 Therefore, Holo (HOT) does not require staking or mining to operate and run the node.

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