@Marycamacho @NATHANLENAE @popachubby It was said that HOT will be

Question

@Marycamacho @NATHANLENAE @popachubby It was said that HOT will be

used for hosting payments. But HOT is ERC20 based. So slow and high paying. The ERC network does not seem very suitable for micropayments. Have you taken any precautions against this?

#blockchain #cryptocurrency #english #holo

0

13.11.2024

19 ответов

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Nathan | Holo | Community Manager (No PM)

Hey @LordAragorn0 This is indeed something the team is aware off. We shared that HOT will be accepted for hosting services, this does not mean we will have to limit to HOT only if the demand/need for other ways of payment is there.

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1 месяц назад

Elmin Ferati

Nathan | Holo | Community Manager (No PM)
Hey @LordAragorn0 This is indeed something the tea...

Whats the main reason that HOT will be used as hosting payments? Wasn’t that the role of HF?

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1 месяц назад

Nathan | Holo | Community Manager (No PM)

Elmin Ferati
Whats the main reason that HOT will be used as hos...

Hey @ElminFerati Great question. Have you caught up with the recent blog and Holo delivery Brief that was shared? Blog: https://press.holo.host/243118-shifting-gears-to-delivery-volla-phone-apps-powered-by-holochain Holo Delivery Brief: https://www.youtube.com/watch?v=5sKZO4L1_vY

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1 месяц назад

Elmin Ferati

Nathan | Holo | Community Manager (No PM)
Hey @ElminFerati Great question. Have you caught ...

Yes I have read this. Does this mean that holo hosting and fuel will come in two separate moments, right? Potentially long time apart?

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1 месяц назад

Aragorn Автор вопроса

Nathan | Holo | Community Manager (No PM)
Hey @LordAragorn0 This is indeed something the tea...

Is it possible to get information about other payment methods? Or is there any idea in the team to build a bridge over a cheap network like Arb?

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1 месяц назад

Franz

Nathan | Holo | Community Manager (No PM)
Hey @LordAragorn0 This is indeed something the tea...

Can you note this as a question for AMA, launch or deliver brief or whatever the appropriate name is? Because I had the impression HOT will take place of Fuel for the time being and become asset backed, while like you mentioned other methods of payment would devalue this proposition. That‘s quite a large difference in setup.

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1 месяц назад

Nathan | Holo | Community Manager (No PM)

Elmin Ferati
Yes I have read this. Does this mean that holo hos...

That is correct Elmin. A HoloFuel focused livestream is scheduled to happen later this month.

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1 месяц назад

Nathan | Holo | Community Manager (No PM)

Aragorn
Is it possible to get information about other paym...

Details are still being sorted out so there is not much for me to share.

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1 месяц назад

Aragorn Автор вопроса

Nathan | Holo | Community Manager (No PM)
Details are still being sorted out so there is not...

Well then, let me ask this. When you say other payment methods, are you talking about another currency other than HOT?

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1 месяц назад

Nathan | Holo | Community Manager (No PM)

Franz
Can you note this as a question for AMA, launch or...

Hey Franz, I will note this down thank you for asking. Regarding the payments, what's known is that HOT will be accepted, any other details are still being sorted out.

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1 месяц назад

Franz

Nathan | Holo | Community Manager (No PM)
Hey Franz, I will note this down thank you for ask...

Based on the last statements I remember (correct me if wrong) HOT for now replaces Fuel for paying hosts. Nowhere was mentioned (like you implied above) that other channels will be added for payments. Basically if its say credircard - buy HOT - pay host it‘s totally different to creditcard - pay host

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1 месяц назад

Nathan | Holo | Community Manager (No PM)

Aragorn
Well then, let me ask this. When you say other pay...

For now I want us to stay focused on having HOT being accepted as payment for services. No guarantees of other ways, but the option is there. if that clarifies?

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1 месяц назад

Gushiavelli

Franz
Based on the last statements I remember (correct m...

Now I could well imagine that if payment could be made in another way, it would be used to purchase HOT on the exchanges by the holoteam. Which then flows back into the reserve.

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1 месяц назад

Deafect.hc

Nathan | Holo | Community Manager (No PM)
Hey @LordAragorn0 This is indeed something the tea...

So why use HOT if ppl basically could just use fiat (if demanded)

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1 месяц назад

Steven Morris

Deafect.hc
So why use HOT if ppl basically could just use fia...

Why use bitcoin instead of fiat? That’s a complicated question with lots of arguments supporting different world views. HOT was sold as prepayment for hosting services. So the first logical answer is, give people what they paid for. Setting up payment systems for national currencies could also be included. And every new currency involves developer time, no matter how simple it may seem to us on the outside.

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1 месяц назад

Simou

Steven Morris
Why use bitcoin instead of fiat? That’s a complica...

Customers will need to buy HOT with fiat, so indirectly, fiat is used

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1 месяц назад

Gautam selarka

Steven Morris
Why use bitcoin instead of fiat? That’s a complica...

First time I believe Holo admin talk commercial… kudos.. I believe money should be made at right age so u can have pleasure of that money… otherwise I had seen many people become billionaires by holding into investments… but they don’t have years left life to enjoy….😉

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1 месяц назад

fzappa (Will never DM YOU FIRST!)

Gautam selarka
First time I believe Holo admin talk commercial… k...

Sorry, but what does this have to do with the various reasonings here?

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1 месяц назад

P. · Accepted Answer

P.

Indeed using wormhole to deploy on base and or solana seems important now

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1 месяц назад

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