No tokens needed. If you are new, you should start with the FAQs:)
Holo and Holochain Newbie Guide What is Holochain? medium.com/h-o-l-o/509818aa3c88 Holochain Explained youtube.com/watch?v=hyCtYrHJebs What is HoloFuel? Asset-backed, Value-stable Currency youtube.com/watch?v=hn7aWuerBB8 HOT vs. HoloFuel : medium.com/h-o-l-o/6d8b6d3938d6 Best of Holo and Holochain Videos! medium.com/h-o-l-o/best-of-holo-and-holochain-videos-be6740cf63fe Holo: The evolution of cloud computing: medium.com/h-o-l-o/holo-the-evolution-of-cloud-computing-57a0a281b88b Vision: Holo and Holochain youtube.com/watch?v=2FJL3ibnZlY Holo videos: youtube.com/channel/UCSRJRJvkZHk3f1PemqT-R0g/videos Holochain videos: youtube.com/channel/UC9fNJMIQ9mQ4u9oyoVIqtDQ/videos Holochain Technical Articles Holochain: Reinventing Applications: https://medium.com/holochain/holochain-reinventing-applications-d2ac1e4f25ef The Holo vision: Serverless 2.0: https://medium.com/holochain/the-holo-vision-serverless-2-0-c0b294e753ba dApp planning: crypto building blocks: https://medium.com/holochain/dapp-planning-crypto-basics-8bd1073cbe19 Holochain White Paper and the Road to Sheafhood: https://medium.com/the-advancedness-project/holochain-white-paper-and-the-road-to-sheafhood-9d5b159ee074
Holo has storage utility right, aren’t we supposed to provide computer storage space or vps to help support the ecosystem?
Jeah, and you can also even earn Holofuel by doing that :) Holo and Holochain is different to all the blockchain-projects. And (I think) it's not meant for storing large files like movies or something else. Maybe it could be possible, but I think it's more for "smaller files" like data. Further more you will have to be patient - if you don't own a Holoport, you will have wait until the time after beta to offer hosting-services and support the ecosystem with your own hardware. Holo and Holochain is very complex and complicated, I would definitely recommend to read the FAQs, they could explain much better than I can :)
Holo and Holochain Newbie Guide What is Holochain? medium.com/h-o-l-o/509818aa3c88 Holochain Explained youtube.com/watch?v=hyCtYrHJebs What is HoloFuel? Asset-backed, Value-stable Currency youtube.com/watch?v=hn7aWuerBB8 HOT vs. HoloFuel : medium.com/h-o-l-o/6d8b6d3938d6 Best of Holo and Holochain Videos! medium.com/h-o-l-o/best-of-holo-and-holochain-videos-be6740cf63fe Holo: The evolution of cloud computing: medium.com/h-o-l-o/holo-the-evolution-of-cloud-computing-57a0a281b88b Vision: Holo and Holochain youtube.com/watch?v=2FJL3ibnZlY Holo videos: youtube.com/channel/UCSRJRJvkZHk3f1PemqT-R0g/videos Holochain videos: youtube.com/channel/UC9fNJMIQ9mQ4u9oyoVIqtDQ/videos Holochain Technical Articles Holochain: Reinventing Applications: https://medium.com/holochain/holochain-reinventing-applications-d2ac1e4f25ef The Holo vision: Serverless 2.0: https://medium.com/holochain/the-holo-vision-serverless-2-0-c0b294e753ba dApp planning: crypto building blocks: https://medium.com/holochain/dapp-planning-crypto-basics-8bd1073cbe19 Holochain White Paper and the Road to Sheafhood: https://medium.com/the-advancedness-project/holochain-white-paper-and-the-road-to-sheafhood-9d5b159ee074
Got it, so as an investor what’s the benefit of holding holo then, cause you want to be part of the system, I love to run nodes, so kinda looking for a reasons to buy whale amounts of holo..
You can see the current HOT-tokend as kind of voucher or coupon - as soon as the "mainnet" goes online, you will be able to swap them into Holofuel. You can use the Holofuel to pay for hosting-services or just hold it and sell it on exchanges to someone else (i.e. developers) who want to use holo-hosting. If you earn Holofuel by hosting, you also will be able to cash it out directly via Holo. The benefits of buying large amounts of HOT tokens are "just" financial benefits. With time the value of the network will rise, and with that the price of the hot token.
Holo[chain] doesn’t have “nodes” the way other crypto tech does. In a pure Holochain environment, every user runs their own copy of the application they are using. The Holochain pattern (aka protocol) ensures the integrity and security of the data between those “nodes.” There are no Holochain “nodes” that aren’t users of that application. HoloPorts (and eventually other DIY Holo servers) earn HoloFuel for hosting Holochain apps. So you could call a Holo Host a node. Then every user running a Holochain app on a HoloPort is running a “node.” Using that language model a HoloPort is a hardware node with lots of software nodes running on it. Right now, “investing” in Holochain is buying $HOT tokens and hoping either to sell them at increased price, or use them to buy hosting at a discounted price from market value at that time.
Thank you for providing such insights, Will the total supply remain 178B ? Currently I'm holding xxxxxx Holo, with such huge total supply I'm not sure if this would be enough for me to acheive x amount of profit or not. Any clarifications about total supply appreciated.
They always said the total supply of HF = 0 ,and Mutual credit concept, HF can be nagative.
I don't know exactly, but I think the supply of Holofuel depends (at least in parts) on how much HOT will be swapped to HF and how much will stay unswapped (i.e. because of lost keys). Later, after beta, there will be algorithms to offer a dynamic supply. Don't know how exactly it will work. Maybe there are more details in the FAQs or in the whitepaper, haven't checked that in detail. But you don't have to worry about the supply. Point one: the supply doesn't matter. If the price rises 50%, it always rises 50%. No matter of the supply. Point two: Holofuel will decuple from Blockchain-market. You could compare it with the value of the cloud-hosting-market, it will become a competitor to Google, AmazonWebService and something like that. But also completely different. If I found correct numbers, the market is about 650 million Euro today annual turnover, until 2025 it is guessed to rise to 35 billions Euro. Of course you can still keep your HOT after beta, but why? You don't have any usecase. After the swapping HOT will become useless (like a typical shit coin).
Holo and Holochain Newbie Guide What is Holochain? medium.com/h-o-l-o/509818aa3c88 Holochain Explained youtube.com/watch?v=hyCtYrHJebs What is HoloFuel? Asset-backed, Value-stable Currency youtube.com/watch?v=hn7aWuerBB8 HOT vs. HoloFuel : medium.com/h-o-l-o/6d8b6d3938d6 Best of Holo and Holochain Videos! medium.com/h-o-l-o/best-of-holo-and-holochain-videos-be6740cf63fe Holo: The evolution of cloud computing: medium.com/h-o-l-o/holo-the-evolution-of-cloud-computing-57a0a281b88b Vision: Holo and Holochain youtube.com/watch?v=2FJL3ibnZlY Holo videos: youtube.com/channel/UCSRJRJvkZHk3f1PemqT-R0g/videos Holochain videos: youtube.com/channel/UC9fNJMIQ9mQ4u9oyoVIqtDQ/videos Holochain Technical Articles Holochain: Reinventing Applications: https://medium.com/holochain/holochain-reinventing-applications-d2ac1e4f25ef The Holo vision: Serverless 2.0: https://medium.com/holochain/the-holo-vision-serverless-2-0-c0b294e753ba dApp planning: crypto building blocks: https://medium.com/holochain/dapp-planning-crypto-basics-8bd1073cbe19 Holochain White Paper and the Road to Sheafhood: https://medium.com/the-advancedness-project/holochain-white-paper-and-the-road-to-sheafhood-9d5b159ee074
No, ne balance in the network is 0, not the supply. Some accounts will have a positive balance, some will have debts and a negative balance. But in the end everything in the network is balanced at 0 :)
Can you suggest material about HOT/Hfuel exchange mechanism? What I was thinking, during exchange Hot supply will decrease dramatically, If new investors willing to buy HOT and exchange it for Hfuel on month 6 of exchange, Hot holders will be able to sell for a very good price, due to much reduced supply (as ppl already exchanged during first 5 months)
How about 177B HOT (HF)
What if i abandon the nagative balance account and create a new one?
maybe trading will be paused during those 6 months?
I think it's not that easy. You will need some good reputation for making debts. Maybe (probably) KYC will also be necessary.
That’s not how it works
Holo is a hosting network for apps. Other people create those apps. Hosts get paid for hosting those apps, not for providing generic hosting services to a protocol.
You could also build a file storage app that can deal with larger files. But there are already great systems got that out there, like basic torrent DHTs or IPFS.
HOT gives you the ability to redeem it for HoloFuel, which you will need to be able to purchase hosting from other nodes. That’s pretty much it.
Great explanation
Not exactly. As soon as HoloFuel exists, it will be dynamic. Every time somebody buys HoloFuel they create more of it. I didn’t quite understand your point about price and supply. Also, HOT won’t become useless after the swap. It will remain a way to get into and out of HoloFuel.
Indeed, the balance between negative and positive credit and debit is always 0. We sometimes use the term “active supply” to describe the absolute number of units that are in existence at a point in time, in both the sums of the negative and positive balances.
HOT supply will remain the same forever. No new units will be created, no old ones will be retired.
Doesn’t work like that. HoloFuel users who aren’t hosts can only have positive balances.
So there is no such thing for hf likr market cap and stuff ?
It would fluctuate all the time and I’m not sure it would make much sense to display it on cmc
If cmc mean coin market cap, Do we have choice to reflect/not reflect on market cap? Isn't this calculated and reported?
There will be some form of KYC for Holo hosts. You won’t be able to just abandon your account and create a new one. Only Hosts with proven ability to pay back small negative balances will be able to slowly increase the amount the can go negative. HoloFuel is a mutual credit currency. Search the term to learn more about how one works.
Обсуждают сегодня